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238 Garden Avenue
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For Sale
238 Garden Avenue
High Park-Swansea, Toronto M6R1J1
$2,229,000
MLS® W13636046
Parking
2
Interior
2212 sqft
Lot size
17 ft ,9 in×121 ft ,9 in ft
Type
Multi-family
Multi-Family
About this property
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.
Features & highlights
Conservation/green belt
Highway
Property details
Heating Forced air, Natural gas
Cooling Fully air conditioned
Lot dimensions 17 ft ,9 in × 121 ft ,9 in ft
Parking 2
Sewer Sanitary sewer
Water Municipal water
Listed Aug 4, 2026
Days on market 16 days
Listing brokerage Royal Lepage Real Estate Services Ltd.
MLS® W13636046
$2,229,000
238 Garden Avenue
High Park-Swansea, Toronto
MLS® W13636046 · For Sale
IW
Ian Wilson
Royal Lepage Real Estate Services Ltd.
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$2,229,000
238 Garden Avenue
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238 Garden Avenue
$2,229,000 · High Park-Swansea, Toronto
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