For Sale - 238 Garden Avenue, Toronto, Ontario

Est payment $10,559/mo
Views   1
Time on Jump  39 day
  • Fully rebuilt triplex in a desirable west-end Toronto neighborhood.
  • Turnkey investment with strong rental demand and low maintenance.
  • Ideal mix of units: two one-bedroom and one three-bedroom suite.
  • Modern finishes, stainless steel appliances, and in-suite laundry in each unit.
  • Leased property with solid net income and good long-term appreciation potential.



Exceptional investment opportunity in one of toronto's most desirable west-end neighbourhoods. 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, totalling 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 mostsought-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.
Listing IDW13786876
Address238 Garden Avenue
CityToronto, Ontario
Price$2,199,000
Bed / Bath5 / 4 Full
Style2 1/2 Storey, Triplex
ConstructionBrick
Land Size2131
TypeMulti-Family
StatusFor Sale
Subtype TriplexIndoor Features NoneAmenities Hospital, Library, Park, Place Of Worship, Public Transit, SchoolOwnership FreeholdBasement Apartment, Separate EntranceFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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238 Garden Avenue
Toronto , Ontario
5 4 $2,199,000
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