368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

238 Garden Avenue, Toronto, ON M6R 1J1

$2,229,000
  • Sale
  • Triplex
  • 7 days ago
  • Updated: 2026-08-07

Property Overview

Property Type
Triplex
Bedrooms
5
Bathrooms
4
Garage
2
Size
N/A
Age
N/A
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.

Key Details

  • W13636118
  • 2
  • $2,229,000
  • Tenant
  • None
  • 2 + 2
  • 2 1/2 Storey
  • 4 + 1
  • 4
  • 1500-2000 Sqft
  • 2131 SquareFeet
  • N/A
  • Triplex
  • Sale

Additional Details

  • Forced Air / Gas
  • R (d.06) (x290)
  • $8601.56
  • 2026
  • PT LT 5 PL 951 TORONTO; PT LT 57 PL 727 NORTH WEST ANNEX AS IN CA750241; CITY OF TORONTO
  • N/A
  • N
  • 2131
  • Apartment,Separate Entrance
  • Central Air
  • Hospital,Library,Park,Place Of Worship,Public Transit,School
  • Municipal

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FAQ
  • What is the total square footage of the w13636118 - 238 Garden Avenue, Toronto, ON M6R 1J1?

    The total square footage of this property is 1500-2000 SqFt.

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