New Listing
$2,125,000
 $11,407 est/mo Sourced by Back At You

238 Garden Avenue,Toronto (High Park-Swansea), ON M6R1J1

Toronto (High Park-Swansea), ON M6R1J1

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Description

Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, 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 lower and main levels, along with a spacious three-bedroom upper-level suite, totalling approximately 2212 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 ofToronto's most sought-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. (id:13843)

Details

MLS #W14120384
Listing TypeFor Sale
StatusActive
Days On Site7
Listing Provided ByROYAL LEPAGE REAL ESTATE SERVICES LTD. | IAN WILSON

Features

SQ Feet2,212
ZoningR (d.06) (x290)

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Exterior

Lot FeaturesConservation/green belt

Parking

Parking Total2

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount8601.56

Area Information

ProvinceON
CityToronto (High Park-Swansea)
Postal CodeM6R1J1
Listing VS Median (in M6R1J1)
Price:
$2,125,000
low | high
Med:
$2,125,000
50% of Average
sqft:
2,212
low | high
Med:
1,856
66.094032549729% of Average
$ / sqft:
$961
low | high
Med:
$1,189
26.266666666667% of Average
On site:
7
low | high
Med:
7
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityToronto (High Park-Swansea)
Postal CodeM6R1J1
Listing VS Median (in M6R1J1)
Price:
$2,125,000
low | high
Med:
$2,125,000
50% of Average
sqft:
2,212
low | high
Med:
1,856
66.094032549729% of Average
$ / sqft:
$961
low | high
Med:
$1,189
26.266666666667% of Average
On site:
7
low | high
Med:
7
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.593M - $2.656M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
238 GARDEN AVENUE Property Photo 1
$2,125,000
238 Garden Avenue
Toronto (high Park-swansea), ON M6R1J1
Listing Updated: October 27, 2026 at 9:09:28 AM PDT