238 Garden Avenue, Toronto (High Park-Swansea), Ontario

About 238 Garden Avenue

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. (id:6289)

More Info on this High Park-Swansea Multi-Family MLS® listing

238 Garden Avenue is a multi-family listing for sale in Toronto (High Park-Swansea). The MLS® number is W14120384. It covers 2,212 square feet. It's currently listed for $2,125,000. For more details on MLS® W14120384, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This multi-family listing in High Park-Swansea is available now!

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