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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