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    For Sale - 238 Garden Avenue, Toronto, Ontario

    Est payment $10,204/mo
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    Views   1
    Time on Jump  10 day

    AI Summary *

    • Legal triplex fully rebuilt as a turnkey, income-producing property.
    • Unit mix includes two one-bedroom apartments and one three-bedroom suite.
    • Suites feature contemporary finishes, stainless steel appliances, and in-suite laundry.
    • Open-concept living spaces offer walkout access to private decks or patios.
    • Fully leased property with approximately 2,212 square feet of rentable area.




    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.
    Listing IDW14120500
    Address238 Garden Avenue
    CityToronto, Ontario
    Price$2,125,000
    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.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    238 Garden Avenue
    Toronto , Ontario
    5 4 $2,125,000
    Get more info