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238 Garden Avenue

Toronto (High Park-Swansea), Ontario M6R1J1

MLS # W13636118

$2,229,000

Property Details

Type

Triplex

Beds

5

Baths

4

Status

For Sale

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, 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.

Mortgage Estimate

Estimated monthly payment

Calculating…

Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $717/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Rooms

Room Level Dimensions
Living room Main level 4.2 x 6.99
Bedroom Third level 3.24 x 3.29
Living room Lower level 3.87 x 6.16
Dining room Lower level 3.87 x 6.16
Kitchen Lower level 3.87 x 6.16
Bedroom Lower level 3.23 x 3.62
Dining room Main level 4.42 x 6.99
Kitchen Main level 4.42 x 6.99
Bedroom Main level 2.17 x 4.89
Living room Second level 4.47 x 7.04
Dining room Second level 4.47 x 7.04
Kitchen Second level 4.47 x 7.04
Bedroom Second level 4.25 x 3.59
Pantry Second level 2.35 x 1.01
Bedroom Third level 2.39 x 2.88

Facts & Location

Interior Size

2,212 sq ft

Parking

2 spaces

Lot Size

17.8 x 121.8 FT

Annual Taxes

$8,602

Listing data

Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.

Last refreshed: Aug 29, 2026 4:15 AM

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