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Listing photo of 238 GARDEN AVENUE

Toronto

Toronto

$2,125,000

238 GARDEN AVENUE, Toronto, M6R1J1

MLS Number: W14120500

Beds

5

Baths

4

Listing

For Sale

Type

Freehold

Square Feet

1,500 - 2,000

Exceptional investment opportunity in one of Toronto's most desirable west-end neighborhoods. 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.

Location

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238 GARDEN AVENUE, Toronto, M6R1J1

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Nearby Schools

Schools near 238 GARDEN AVENUE

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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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