238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
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$ 2,229,000
Est. payment | /mo

2,212 SqFt


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$ 2,229,000
Est. payment | /mo
Save

2,212 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $1,007

Municipality Toronto W01

Subdivision High Park-Swansea

MLS Listing ID W13636046

Annual Tax Amount $8,601

Tax Year 2026

Lot Size 2131.000 Acres

Property Sub-Type Investment

Property 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, totaling 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 of Toronto'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.

Location

Province ON

County Toronto

Community Toronto W01

Area Toronto

Zoning R (d.06) (x290)

Interior

Cooling Yes

Exterior

Parking Features None

Community Features Greenbelt/Conservation, Major Highway

Utilities Available Yes

Building

Lot Description Lot

Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Nearby Locations

Christine Weaver

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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238 Garden AVE