238 Garden Avenue, Toronto, ON M6R 1J1
Toronto W01, ON, M6R 1J1 · High Park-Swansea
About this property
Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt, offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements. The property features an ideal unit mix of two one-bedroom apartments on the main and lower levels, along with a spacious three-bedroom upper-level suite, totalling approximately 2,212 sq. ft. of rentable area. Each suite is thoughtfully designed with contemporary finishes, a sleek kitchen with stainless steel appliances, in-suite laundry, bright open-concept living spaces, and walkout access to a private deck or patio. An exceptional opportunity to acquire a fully leased investment property with reliable income and outstanding long-term appreciation potential in one of Toronto's mostsought-after rental markets. Leveraged CAP rate of 8.66% with 30% down. Gross Income: $116,400; Expenses $17,750; Net Income: $98,650 in year 1. Offering Memorandum available.
Features & Amenities
- Basement: Apartment, Separate Entrance
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Triplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Lot Size | 2,131 Feet |
| Basement | Apartment, Separate Entrance |
| Garage | None |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $8,602 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- None
Exterior Features
- Other Structures
- Fence - Full
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Apartment, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 2
- Parking Total
- 2.00
- Parking Features
- Lane
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 2131.00
- Lot Size Units
- Feet
- Lot Depth
- 121.75
- Lot Width
- 17.83
Community & Neighborhood
- Property Features
- Hospital, Library, Park, Place Of Worship, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $8,602
- Tax Year
- 2026
- Possession Type
- Other
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 2
- Kitchens Total
- 3
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Toronto
- Cross Street
- Sunnyside / High Park
- Directions
- Sunnyside / High Park
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, List Salesperson
Location
238 Garden Avenue, Toronto, ON M6R 1J1, Toronto W01, ON, M6R 1J1