$2,125,000.00

238 GARDEN AVENUE, Toronto (High Park-Swansea), Ontario, M6R1J1, Canada Listing ID: W14120500
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Bathrooms Bedrooms Property Type
4 5 Multi-family

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: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 (W14120500)
Room Details
Level Type Length Width Dimensions
Second level Living room 4.47 m 7.04 m 4.47 m x 7.04 m
Second level Dining room 4.47 m 7.04 m 4.47 m x 7.04 m
Second level Kitchen 4.47 m 7.04 m 4.47 m x 7.04 m
Second level Bedroom 4.25 m 3.59 m 4.25 m x 3.59 m
Second level Pantry 2.35 m 1.01 m 2.35 m x 1.01 m
Third level Bedroom 3.24 m 3.29 m 3.24 m x 3.29 m
Third level Bedroom 2.39 m 2.88 m 2.39 m x 2.88 m
Lower level Living room 3.87 m 6.16 m 3.87 m x 6.16 m
Lower level Dining room 3.87 m 6.16 m 3.87 m x 6.16 m
Lower level Kitchen 3.87 m 6.16 m 3.87 m x 6.16 m
Lower level Bedroom 3.23 m 3.62 m 3.23 m x 3.62 m
Main level Living room 4.42 m 6.99 m 4.42 m x 6.99 m
Main level Dining room 4.42 m 6.99 m 4.42 m x 6.99 m
Main level Kitchen 4.42 m 6.99 m 4.42 m x 6.99 m
Main level Bedroom 2.17 m 4.89 m 2.17 m x 4.89 m
Additional Information
Amenity Near By Hospital, Park, Place of Worship, Public Transit, Schools
Features Lane
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 4
Bedrooms Total 5
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Basement Features Apartment in basement, Separate entrance
Basement Type N/A, N/A
Cooling Type Central air conditioning
Exterior Finish Brick
Fireplace Present
Flooring Type Hardwood
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 1500 - 2000 sqft
Stories Total 2.5
Type Triplex
Utility Water Municipal water
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