238 GARDEN AVENUE, Toronto, Ontario
$2,229,000
- 2,212 Square Feet
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, totaling 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 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:50212)
- Listing ID: W13636046
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
The TanTeam would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact The TanTeam, who specializes in Toronto real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let The TanTeam find a property to match your lifestyle.
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 238 GARDEN AVENUE in Toronto Ontario. It was last modified on August 4th, 2026. Contact The TanTeam to schedule a viewing or to discover other Toronto homes for sale.