238 Garden Avenue, Toronto, ON M6R 1J1
Toronto, ON M6R 1J1
About this property
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.
Property facts & features
- Days on market
- Not reported
- Property type
- Triplex
- MLS® number
- W14120500
- Source status
- New
- Bedrooms
- 5
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- M6R 1J1
- Parking spaces
- 2
- Garage
- None
- Lot depth (source units)
- 121.75
- Annual property tax
- 8601.56
- Basement
- Apartment, Separate Entrance
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 6 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $2,125,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
Sign in to request eligible VOW access →Plan your monthly ownership costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Location & neighbourhood
Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.
Explore active properties in Toronto →Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W14120500. Information deemed reliable but not guaranteed.