41
$2,125,000 Sale
Listed 3 hours ago
238 Garden Avenue
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Key Facts
Key facts for 238 Garden Avenue
Property Type
Commercial
Parking
None
MLS #
W14120384
Size
-
Basement
-
Listed on
2026-10-27
Lot size
18 x 121.75
Tax
$8,601.56 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
Description
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 un...it 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.
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Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.