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

$2,125,000

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5

Beds

4

Baths

About 238 Garden Avenue

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. (id:6289)

More Info on this High Park-Swansea Triplex MLS® listing

238 Garden Avenue is a triplex listing for sale in Toronto (High Park-Swansea). The MLS® number is W14120500. It features 5 bedrooms, 4 bathrooms. It's currently listed for $2,125,000. For more details on MLS® W14120500, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in High Park-Swansea is available now!

Selling your High Park-Swansea Triplex property?

Have a similar home to 238 Garden Avenue? If you’re thinking about selling your High Park-Swansea triplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Toronto (High Park-Swansea) property.

Features of 238 Garden Avenue

Listing # W14120500
Price $2,125,000
Bedrooms 5
Bathrooms 4.00
Type Multi-family
Sub-Type Triplex

Community Information

Address 238 Garden Avenue
Area High Park-Swansea
Subdivision High Park-Swansea
City Toronto (High Park-Swansea)
Province Ontario
Postal Code M6R1J1

Amenities

Features Lane
Parking Spaces 2
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement No
Basement Apartment in basement, Separate entrance, N/A, N/A

Exterior

Exterior Brick
Lot Description 17.8 x 121.8 FT
Foundation Block

Additional Information

Zoning R (d.06) (x290)

Listing Details

OfficeROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing Map

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