238 Garden Avenue, Toronto, Ontario, Canada, M6R1J1
2,229,000
for Sale
4 + 1
4
1500-2000
About the property:
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, 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.
House features:
false
Triplex
triplex
- Property Type:
- Triplex
- Status:
- for Sale
- House Style:
- triplex
- Bedrooms:
- 4 + 1
- Bathrooms:
- 4
- Land Size:
- 17.83 x 121.75 FT
- Central A/C:
- Yes
- Garage/Parking Type:
- Lane
- Parking Places:
- 2
- Heating Type:
- Forced Air
- Heating Fuel:
- Gas
- Cross Street:
- Sunnyside / High Park
- Exterior:
- Brick
- Basement:
- Apartment,Se, Apartment,Se
- Fronting On:
- S
- Possession Date:
- TBD
- Annual Property Taxes:
- 8,601.56
- Listing ID:
- W13636118
Rooms
Dimensions
Main
- Living Room
- 4.2m x 6.99m Hardwood Floor Combined w/Dining W/O To Patio
- Dining Room
- 4.42m x 6.99m Hardwood Floor Combined w/Kitchen Open Concept
- Kitchen
- 4.42m x 6.99m Hardwood Floor Stainless Steel Appl Open Concept
- Bedroom
- 2.17m x 4.89m Hardwood Floor B/I Closet Window
Second
- Living Room
- 4.47m x 7.4m Hardwood Floor Combined w/Dining W/O To Deck
- Dining Room
- 4.47m x 7.4m Hardwood Floor Combined w/Kitchen Open Concept
- Kitchen
- 4.47m x 7.4m Hardwood Floor Stainless Steel Appl Eat-in Kitchen
- Bedroom
- 4.25m x 3.59m Hardwood Floor B/I Closet Bay Window
- Pantry
- 2.35m x 1.1m
Third
- Bedroom
- 2.39m x 2.88m Hardwood Floor Closet
- Bedroom
- 3.24m x 3.29m Hardwood Floor Window
Lower
- Living Room
- 3.87m x 6.16m Hardwood Floor Combined w/Dining Above Grade Window
- Dining Room
- 3.87m x 6.16m Hardwood Floor Combined w/Dining Above Grade Window
- Kitchen
- 3.87m x 6.16m Hardwood Floor Stainless Steel Appl Centre Island
- Bedroom
- 3.23m x 3.62m Hardwood Floor Closet Above Grade Window
Brokered by:
Royal Lepage Real Estate Services Ltd.
Source: TRREB/PROPTX
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