NewFor Sale

238 Garden Avenue
Toronto W01, Toronto, ON, M6R 1J1

Investment
TRREB
MLS® Number: W13636046

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing brokerage
$2,229,000List Price
InvestmentProperty Type
2,212 sq ftSize
$8,601.56 / 2026Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 238 Garden Avenue, Toronto, ON M6R 1J1

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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, 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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$8,601.56 / 2026
Listing #:W13636046
Property Type:Investment
Size:2,212 sq ft
Land Size:17.83 x 121.75
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Details

Property

Property Type:Investment
Community:High Park-Swansea
Municipality:Toronto

Building

Size:2,212 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary

Land

Cross Street:Sunnyside / High Park

$2,229,000

List price

238 Garden Avenue, Toronto W01 – Investment for sale · MLS® # W13636046 | CPRB