238 GARDEN AVENUE, Toronto (High Park-Swansea)
5 BEDS · 4 BATHS · 1500 - 2000 sqft
$2,125,000
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.
General Info
| MLS Listing ID: W14120500 | Bedrooms: 5 | Bathrooms: 4 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Block | Roof: N/A | Title To Land: N/A | Parking Space Total: 2 |
| Parking: No Garage | Heating: Forced air | Size: 1500 - 2000 sqft | Air Conditioning : Central air conditioning |
| Home Style: N/A | Finished Floor Area: Hardwood | Fireplaces: N/A | Basement: N/A, N/A |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
Amenities/Features
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