NewFor sale 50$1,650,000
2 bed3 bath2,000–2,249 sq ft
1 Palace Pier Court #4203
Mimico, Toronto
6 days agoMLS® W13872612
RE/MAX PROFESSIONALS INC.
$2,199,000
238 Garden Avenue
High Park-Swansea, Toronto, Ontario M6R1J1
For sale· Added
4+1 bed4 bath1,500–2,000 sqft
About this home
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.
Location
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Property details
Listing
- MLS® number
- W13786876
- Added
- Sep 15, 2026 ()
- Updated
- Oct 2, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Triplex
- Storeys
- 2.5
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
- Flooring
- Hardwood
- Features
- Lane
Building
- Basement
- Apartment in basement, Separate entrance
- Exterior
- Brick
- Foundation
- Block
- Parking
- No Garage · 2 spaces
Land
- Lot size
- 17.8 x 121.8 ft
- Fencing
- Fully Fenced
- Zoning
- R (d.06) (x290)
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Sunnyside / High Park
Running costs
- Annual property tax
- $8,602
Rooms
| Living room | Main level | 4.2 x 6.99 m |
| Bedroom | Third level | 3.24 x 3.29 m |
| Living room | Lower level | 3.87 x 6.16 m |
| Dining room | Lower level | 3.87 x 6.16 m |
| Kitchen | Lower level | 3.87 x 6.16 m |
| Bedroom | Lower level | 3.23 x 3.62 m |
| Dining room | Main level | 4.42 x 6.99 m |
| Kitchen | Main level | 4.42 x 6.99 m |
| Bedroom | Main level | 2.17 x 4.89 m |
| Living room | Second level | 4.47 x 7.04 m |
| Dining room | Second level | 4.47 x 7.04 m |
| Kitchen | Second level | 4.47 x 7.04 m |
| Bedroom | Second level | 4.25 x 3.59 m |
| Pantry | Second level | 2.35 x 1.01 m |
| Bedroom | Third level | 2.39 x 2.88 m |
$2,199,000
238 Garden Avenue
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