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NewMultiplex

238 Garden Avenue

High Park-Swansea · Toronto, M6R 1J1

$2,125,000

Beds
4+1
Baths
4
Size
1,500-2,000 ft²
Type
Multiplex
Listed
Listed today
MLS®
W14120500

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 details

MLS® number
W14120500
Property type
Triplex
Style
2 1/2 Storey
Bedrooms
4+1
Bathrooms
4
Kitchens
3
Interior size
1,500-2,000 ft²
Lot
17.83 × 121.75 ft
Basement
Apartment, Separate Entrance
Heating
Forced Air, Gas
Cooling
Central Air
Parking
2 total
Exterior
Brick
Property taxes
$8,602 (2026)
Possession
TBA
Cross street
Sunnyside / High Park
Community
High Park-Swansea
City
Toronto

Rooms

  • Living Room

    14' 6" × 22' 11"

    Main

    Hardwood Floor, Combined w/Dining, W/O To Patio

  • Dining Room

    14' 6" × 22' 11"

    Main

    Hardwood Floor, Combined w/Kitchen, Open Concept

  • Kitchen

    14' 6" × 22' 11"

    Main

    Hardwood Floor, Stainless Steel Appl, Eat-in Kitchen

  • Bedroom

    7' 1" × 16' 1"

    Main

    Hardwood Floor, B/I Closet, Window

  • Living Room

    14' 8" × 23' 1"

    Second

    Hardwood Floor, Combined w/Dining, W/O To Deck

  • Dining Room

    14' 8" × 23' 1"

    Second

    Hardwood Floor, Combined w/Kitchen

  • Kitchen

    14' 8" × 23' 1"

    Second

    Hardwood Floor, Stainless Steel Appl, Eat-in Kitchen

  • Bedroom

    13' 11" × 11' 9"

    Second

    Hardwood Floor, B/I Closet, Bay Window

  • Pantry

    7' 9" × 3' 4"

    Second

  • Bedroom

    7' 10" × 9' 5"

    Third

    Hardwood Floor, Closet

  • Bedroom

    10' 8" × 10' 10"

    Third

    Hardwood Floor, Window

  • Living Room

    12' 8" × 20' 3"

    Lower

    Hardwood Floor, Combined w/Dining, Above Grade Window

  • Dining Room

    12' 8" × 20' 3"

    Lower

    Hardwood Floor, Combined w/Kitchen, Above Grade Window

  • Kitchen

    12' 8" × 20' 3"

    Lower

    Hardwood Floor, Stainless Steel Appl, Centre Island

  • Bedroom

    10' 7" × 11' 11"

    Lower

    Hardwood Floor, Closet, Above Grade Window

Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.

Location

High Park-Swansea · Toronto, near Sunnyside / High Park

238 Garden Avenue, Toronto

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$9,409per month

$425,000 down · 4.5% · 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Toronto

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