41
$2,125,000 Sale
Listed 1 day
238 Garden Avenue
· 4+1
· 4
· 2
· 1500-2000
Key Facts
Key facts for 238 Garden Avenue
Property Type
Apartment, 2 1/2 Storey
Parking
None 0 garage, 2 parking
MLS #
W14120500
Size
1500-2000 sqft
Basement
Apartment,Separate Entrance
Listed on
2026-10-27
Lot size
18 x 121.75
Tax
$8,601.56 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
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 on...e-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.
Room Types
Bedroom
Hardwood Floor, Window
Dimensions 10.63 x 10.79 feet
114.7 sqft
Bedroom
Hardwood Floor, B/I Closet, Bay Window
Dimensions 13.94 x 11.78 feet
164.21 sqft
Bedroom
Hardwood Floor, B/I Closet, Window
Dimensions 7.12 x 16.04 feet
114.2 sqft
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Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.