238 Garden Avenue, Toronto, ON M6R 1J1
About this home
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.
📋 Property summary 8 details ▼
🏠 Interior 1 features ▼
🧱 Building & exterior ▼
⚡ Utilities ▼
📐 Rooms & dimensions 15 rooms · 4 levels ▼
🌳 Lot & land ▼
📃 Listing details ▼
Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.
Recent comparable sales
See what nearby homes actually sold for in the last 6 months — not asking prices, real closes.
Location
About Toronto
Browse more Toronto listings · See the Toronto city page with market trends and neighbourhood breakdowns.