
Toronto
Toronto
$2,125,000
238 GARDEN AVENUE, Toronto, M6R1J1
MLS Number: W14120384
Beds
0
Baths
0
Listing
For Sale
Type
Freehold
Square Feet
2,212
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, totalling 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 ofToronto'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.
Location
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238 GARDEN AVENUE, Toronto, M6R1J1
Nearby Schools
Schools near 238 GARDEN AVENUE
Distances are measured in a straight line from this property.
Garden Avenue Junior Public School
Elementary school · Grades JK-6
Toronto DSB
225 Garden Ave, Toronto, Ontario, M6R1M9
Fern Avenue Junior and Senior Public School
Elementary school · Grades JK-8
Toronto DSB
128 Fern Ave, Toronto, Ontario, M6R1K3
St Vincent de Paul Catholic School
Elementary school · Grades JK-8
Toronto CDSB
116 Fermanagh Ave, Toronto, Ontario, M6R1M2
Howard Junior Public School
Elementary school · Grades JK-6
Toronto DSB
30 Marmaduke St, Toronto, Ontario, M6R1T2
Parkdale Junior and Senior Public School
Elementary school · Grades JK-8
Toronto DSB
78 Seaforth Ave, Toronto, Ontario, M6K3L2
Parkdale Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
209 Jameson Ave, Toronto, Ontario, M6K2Y3
École élémentaire Toronto Ouest
Elementary school · Grades 7-8
CS Viamonde
330 Lansdowne avenue, Toronto, Ontario, M6H3Y1
École secondaire Toronto Ouest
Secondary school · Grades 9-12
CS Viamonde
330 Lansdowne avenue, Toronto, Ontario, M6H3Y1
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
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Down Payment
$425,000
Mortgage Amount
$1,700,000
Principal + Interest
$9,829 / mo
5-Year Term Payments
$589,763
Estimated Monthly Carrying Cost
$10,479
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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