238 Garden Avenue, Toronto, ON M6R 1J1
Toronto W01
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, totaling 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 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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 238 Garden Avenue, Toronto, ON M6R 1J1
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# W13636046
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
On market since Aug 4, 2026
What comparable homes actually sold for in the last 12 months.
238 Garden Avenue, Toronto, ON M6R 1J1 is listed for $2,229,000 CAD.
238 Garden Avenue, Toronto, ON M6R 1J1 is a Investment, 2,212 sq ft.
238 Garden Avenue, Toronto, ON M6R 1J1 is in Toronto W01, Ontario.
238 Garden Avenue, Toronto, ON M6R 1J1 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 238 Garden Avenue, Toronto, ON M6R 1J1 (MLS# W13636046). You can also send a message through the contact form on this site.
