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$2,199,000
238 Garden Avenue • Toronto, ONNew
Courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
4+1
Bedrooms
4
Bathrooms
1500-2000
Square feet
2
Parking

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.

Property details

Property type
Triplex
Style
2 1/2 Storey
Total rooms
10
Lot size
17.83 × 121.75 ft
Property taxes
$8,601.56 (2026)
Occupancy
TBD
Days on market
2
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Sep 15, 2026, 1:39 p.m. EDT via TRREB IDX.

First listed: Sep 15, 2026, 1:39 p.m. EDT.