$2,125,000.00

238 GARDEN AVENUE, Toronto (High Park-Swansea), Ontario, M6R1J1, Canada Listing ID: W14120384
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Bathrooms Bedrooms Property Type
Multi-family

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, totalling 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 ofToronto'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:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 238 GARDEN AVENUE (W14120384)
Additional Information
Amenity Near By Highway
Features Conservation/green belt
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
Transaction For sale
Building
Cooling Type Fully air conditioned
Fireplace Present
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 2212 sqft
Type Multi-Family
Utility Water Municipal water
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