$2,229,000
( $1007.69Per Sq Foot )
 $11,966 est/mo Sourced by Back At You

238 Garden Avenue,Toronto W01, ON M6R 1J1

Toronto W01, 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.

Details

MLS #W13636046
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site36
Listing Provided ByROYAL LEPAGE REAL ESTATE SERVICES LTD. | W13636046 519052

Features

SQ Feet2,212
Acreage0.05

Interior

CoolingYes

Exterior

Community FeaturesGreenbelt/Conservation, Major Highway
Security FeaturesNo

Utilities

UtilitiesYes
SewerSanitary

Taxes

Tax Annual Amount8601.56
Tax TypeAnnual
Tax Legal DescriptionPT LT 5 PL 951 TORONTO; PT LT 57 PL 727 NORTH WEST ANNEX AS IN CA750241; CITY OF TORONTO
Tax Year2026

Area Information

ProvinceON
CountyToronto
CityToronto W01
Postal CodeM6R 1J1
AreaHigh Park Swansea
Listing VS Median (in M6R 1J1)
Price:
$2,229,000
low | high
Med:
$2,229,000
50% of Average
sqft:
2,212
low | high
Med:
2,212
50% of Average
$ / sqft:
$1,008
low | high
Med:
$1,008
50% of Average
On site:
36
low | high
Med:
36
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyToronto
CityToronto W01
Postal CodeM6R 1J1
AreaHigh Park Swansea
Listing VS Median (in M6R 1J1)
Price:
$2,229,000
low | high
Med:
$2,229,000
50% of Average
sqft:
2,212
low | high
Med:
2,212
50% of Average
$ / sqft:
$1,008
low | high
Med:
$1,008
50% of Average
On site:
36
low | high
Med:
36
100% of Average
Sourced by Back At You
Listing Updated: August 7, 2026 at 9:12:48 AM PDT