Toronto, ON
238 Garden Avenue
$2,125,000
Data last updated Oct 30, 2026, 8:50 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $2,125,000
- Type
- triplex
- Bedrooms
- 4
- Bathrooms
- 4
- MLS®
- W14120500
- Status
- active
- Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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.
Location
More details
- Property tax
- $8,602 (2026)
- Days on market
- 4
- Style
- 2 1/2 Storey
- Lot
- 17.83 × 121.75 Feet
- Parking
- 2 spaces · None
- Basement
- Apartment, Separate Entrance
- Heating
- Forced Air
- Air conditioning
- Central Air
- Neighbourhood
- High Park-Swansea
- Major intersection
- Sunnyside / High Park
Rooms
| Room | Level | Size (m) | Features |
|---|---|---|---|
| Kitchen | Lower | 3.87 × 6.16 | hardwood floor, stainless steel appl, centre island |
| Living Room | Second | 4.47 × 7.04 | hardwood floor, combined w/dining, w/o to deck |
| Dining Room | Main | 4.42 × 6.99 | hardwood floor, combined w/kitchen, open concept |
| Dining Room | Lower | 3.87 × 6.16 | hardwood floor, combined w/kitchen, above grade window |
| Bedroom | Third | 2.39 × 2.88 | hardwood floor, closet |
| Bedroom | Lower | 3.23 × 3.62 | hardwood floor, closet, above grade window |
| Dining Room | Second | 4.47 × 7.04 | hardwood floor, combined w/kitchen |
| Living Room | Lower | 3.87 × 6.16 | hardwood floor, combined w/dining, above grade window |
| Living Room | Main | 4.42 × 6.99 | hardwood floor, combined w/dining, w/o to patio |
| Bedroom | Main | 2.17 × 4.89 | hardwood floor, b/i closet, window |
| Kitchen | Second | 4.47 × 7.04 | hardwood floor, stainless steel appl, eat-in kitchen |
| Bedroom | Second | 4.25 × 3.59 | hardwood floor, b/i closet, bay window |
| Bedroom | Third | 3.24 × 3.29 | hardwood floor, window |
| Pantry | Second | 2.35 × 1.01 | — |
| Kitchen | Main | 4.42 × 6.99 | hardwood floor, stainless steel appl, eat-in kitchen |
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.