For Sale MLS® W13786876

238 Garden Avenue

High Park-Swansea · Toronto W01 · ON · M6R 1J1

On market 23 days

5 Beds
4 Baths
2 Parking
17.8 ft frontage Lot
Other Type

About this property

Separate entrance

Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. 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, totalling 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 mostsought-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.

Key facts

Type Triplex · 2 1/2 Storey
Lot 17.8 ft frontage
Taxes $8,602/yr
Days on market 23
Neighbourhood High Park-Swansea
Property details
Property type Triplex
Style 2 1/2 Storey
Rooms & baths
Bedrooms above / below 4 · 1
Building & utilities
Basement Apartment, Separate Entrance
Parking
Total 2
Lot
Width / Depth 17.8 ft
Financial
Taxes $8,602/yr

Mortgage calculator

$10,274/moMonthly payment
$1,759,200Mortgage amount
$1,322,958Total interest
$3,521,958Total cost

Location

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Market Overview

Toronto W01

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MLS® W13786876 Brokerage ROYAL LEPAGE REAL ESTATE SERVICES LTD. Listed Sep 15, 2026 Updated Oct 2, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Last updated: October 8, 2026.

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