MLS: W14120384 Date listed: 2026-10-27
238 Garden Ave Toronto - High Park-Swansea
Investment For sale
Listed for $ 2,125,000

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- BEDS
- BATH
2212 SQ. FT.
0 GARAGE
See apartment on the map
- BEDS
- BATH
2212 SQ. FT.
0 GARAGE

Description

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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.

Key Facts:

Tax: $8,602 / 2026
Property Type: Investment
Sq. ft. size 2212 sq. ft.
Lot Size: 17.83 x 121.75 feet
Lot Irregularities: PT LT 5 PL 951 TORONTO; PT LT 57 PL 727 NORTH WEST ANNEX AS IN CA750241; CITY OF TORONTO
Parking: 2 spaces
Basement: Y
Listing #: W14120384
Days on Site: 8 days
Status Change: 7 days ago
Added to CiRealty: 2026-10-27
Updated on: 2026-10-27
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 238 Garden Ave, Toronto. Listed for $2,125,000 on 2026-10-27
Property
Property Type: Investment
Style: Apartment
Community: High Park-Swansea
Municipality: Toronto W01
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Closd
Building
Size: 2212 sq. ft.
Parking
Garage Type: None
Driveway Spaces: 2
Total Parking Spaces: 2
Land
Sewer: Sanitary
Frontage: 17.83 feet
Depth: 121.75 feet
Cross Street: Sunnyside / High Park
Property
Property Type: Investment
Style: Apartment
Community: High Park-Swansea
Municipality: Toronto W01
Building
Size: 2212 sq. ft.
Parking
Garage Type: None
Driveway Spaces: 2
Total Parking Spaces: 2
Land
Sewer: Sanitary
Frontage: 17.83 feet
Depth: 121.75 feet
Cross Street: Sunnyside / High Park
Utilities
Water: Municipal
Cooling: Y
Heating Type: Gas Forced Air Closd
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