238 Garden Avenue

Toronto, ONMulti-family
$2,199,000
MLS® W13786876
Multi-family5 beds4 baths2 total
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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, totalling 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 mostsought-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:63604)

Key Facts

Type
Multi-family
Beds
5
Baths
4
Size
1,500 sqft
Lot
17.8 x 121.8 FT
Parking
2 total
Property Details 17 details
Bedrooms
5 bedrooms
4 above grade + 1 below grade
Bathrooms
4 bathrooms
Parking
2 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
2.50
Basement
Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
17.8 x 121.8 FT
Frontage
17.90 feet
Taxes
$8,601.56
Zoning
R (d.06) (x290)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Hardwood

Exterior features

BrickBlockFully Fenced

Lot and water

Lane
Rooms 15 rooms
Level
Room
Dimensions
Main level
Living room
4.2 m x 6.99 m
Third level
Bedroom
3.24 m x 3.29 m
Lower level
Living room
3.87 m x 6.16 m
Lower level
Dining room
3.87 m x 6.16 m
Lower level
Kitchen
3.87 m x 6.16 m
Lower level
Bedroom
3.23 m x 3.62 m
Main level
Dining room
4.42 m x 6.99 m
Main level
Kitchen
4.42 m x 6.99 m
Main level
Bedroom
2.17 m x 4.89 m
Second level
Living room
4.47 m x 7.04 m
Second level
Dining room
4.47 m x 7.04 m
Second level
Kitchen
4.47 m x 7.04 m
Second level
Bedroom
4.25 m x 3.59 m
Second level
Pantry
2.35 m x 1.01 m
Third level
Bedroom
2.39 m x 2.88 m
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$2,199,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
High Park-Swansea
City
Toronto
Postal code
M6R 1J1
Nearby
Sunnyside / High Park
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