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1of10
Triplex for sale: 238 GARDEN AVENUE, Toronto
238 Garden Avenue
$2,125,000
Toronto , Ontario M6R1J1
5 bed
4 bath
About the Property

Cross Streets: Sunnyside / High Park. ** Directions: . Exceptional investment opportunity in one of Toronto's most desirable west-end neighborhoods. 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, totaling 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 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:27476)

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Property Details
MLS® Number
W14120500
Type
Multi-family
Community Name
High Park-Swansea
Land Size
17.8 x 121.8 FT
Parking Space Total
2
Building
Building Type
Triplex
Storeys
3
Square Footage
1500 - 2000 sqft
Bathrooms Total
4
Bedrooms Above Ground
4
Bedrooms Total
5
Amenities
Hospital, Park, Place of Worship, Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A, N/A
Basement Features
Apartment in basement, Separate entrance
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Room Layout
Living room
Second level
4.47 m x 7.04 m
Dining room
Second level
4.47 m x 7.04 m
Kitchen
Second level
4.47 m x 7.04 m
Bedroom
Second level
4.25 m x 3.59 m
Pantry
Second level
2.35 m x 1.01 m
Bedroom
Third level
3.24 m x 3.29 m
Bedroom
Third level
2.39 m x 2.88 m
Living room
Lower level
3.87 m x 6.16 m
Dining room
Lower level
3.87 m x 6.16 m
Kitchen
Lower level
3.87 m x 6.16 m
Bedroom
Lower level
3.23 m x 3.62 m
Living room
Main level
4.42 m x 6.99 m
Dining room
Main level
4.42 m x 6.99 m
Kitchen
Main level
4.42 m x 6.99 m
Bedroom
Main level
2.17 m x 4.89 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

$2,125,000 - 238 GARDEN AVENUE, Toronto Ontario M6R 1J1, Canada | Real Estate For Sale | HomeAds.ca

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Updated October 28th 2026 6:21 pm

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Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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