For Sale: 238 Garden Avenue, Toronto, ON - REW
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$2,125,000
4 + 1 bd • 4 ba • 1500 - 1999 sf • Multifamily
238 Garden Avenue
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$2,125,000
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238 Garden AvenueToronto, ON, M6R 1J1

High Park-Swansea
  • 4 + 1 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: IAN WILSON, Salesperson, Royal LePage Real Estate Services Ltd.

Home facts and features

Price details
List Price
$2,125,000
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Gross Taxes for 2026
$8,602
Home facts
Bedrooms
4 + 1
Full Bathrooms
4
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Lot Size
17 ft x 121 ft (2168 ft²)
Depth
121.8 feet
Frontage
17.9 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Apartment in basement, Separate entrance, ,
Features
Lane
Community
Agent details
Primary Agent
IAN WILSON
Primary Broker
Royal LePage Real Estate Services Ltd.
Listing details
Days on REW
11 Days
Property Views
73
MLS® Number
W14120500
Source
Canadian Real Estate Association
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Property Insights

Garden Avenue Junior Public School
  • Public
  • JK - 6
Fern Avenue Junior & Senior Public School
  • Public
  • JK - 8
St Vincent Catholic School
  • Catholic
  • JK - 8
St Vincent de Paul Catholic School
  • Catholic
  • JK - 8
Mary, Mother of God School
  • Private
  • JK - 12
Howard Junior Public School
  • Public
  • JK - 6
High Park Gardens Montessori School
  • Private
  • NS - 6
Tamarack West Outdoor School
  • Private
  • JK - 8
Westminster Classical Christian Academy
  • Private
  • JK - 8
Parkdale Junior & Senior Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Salesperson
IAN WILSON
Phone:
(416) 236-1871
Office:
416-236-1871
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