Living (6.99 × 4.42)
hardwood floor · Combined W/Dining · W/O To Patio
Level: Main
238 Garden Ave
High Park-Swansea, Toronto, Ontario M6R 1J1
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- W14120500
- Board
- TRREB MLS®
- Days on market
- Tax
- $8,602
- Size
- 1500-2000 sqft
- Lot
- 17.83 × 121.75 Feet
- Parking
- None, 2 Parking
Listing History
Buy/Sell history for 238 Garden Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $2,125,000 | N/A | For Sale | W14120500 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Triplex
- Style
- 2 1/2 Storey
- Community
- High Park-Swansea
- Municipality
- Toronto
Inside
- Bedrooms
- 4+1
- Bathrooms
- 4
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 1, 4pc, 3rd
- Bathroom Detail
- 1, 3pc, Lower
- Basement Type
- Apartment
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Parking
- Driveway
- Lane
- Garage Type
- None
- Add. Parking
- 2
- Total Parking
- 2
Land
- Sewer
- Sewers
- Lot Size
- 17.83 × 121.75 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (15)
Dining (6.99 × 4.42)
hardwood floor · Combined W/Kitchen · Open Concept
Level: Main
Kitchen (6.99 × 4.42)
hardwood floor · Stainless Steel Appl · Eat-In Kitchen
Level: Main
Br (4.89 × 2.17)
hardwood floor · B/I Closet · Window
Level: Main
Living (7.04 × 4.47)
hardwood floor · Combined W/Dining · W/O To Deck
Level: 2nd
Dining (7.04 × 4.47)
hardwood floor · Combined W/Kitchen
Level: 2nd
Kitchen (7.04 × 4.47)
hardwood floor · Stainless Steel Appl · Eat-In Kitchen
Level: 2nd
Br (3.59 × 4.25)
hardwood floor · B/I Closet · Bay Window
Level: 2nd
Pantry (1.01 × 2.35)
Level: 2nd
Br (2.88 × 2.39)
hardwood floor · Closet
Level: 3rd
Br (3.29 × 3.24)
hardwood floor · Window
Level: 3rd
Living (6.16 × 3.87)
hardwood floor · Combined W/Dining · Above Grade Window
Level: Lower
Dining (6.16 × 3.87)
hardwood floor · Combined W/Kitchen · Above Grade Window
Level: Lower
Kitchen (6.16 × 3.87)
hardwood floor · Stainless Steel Appl · Centre Island
Level: Lower
Br (3.62 × 3.23)
hardwood floor · Closet · Above Grade Window
Level: Lower
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
16 records read 8 on record nearby 8 checked, none on recordRead 2026-11-04
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m3 test or monitoring holes also recorded.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 88 building permits issued within 250 m in the last 2 years
- Nearest airport: 4.0 km
- Mapped parcel: about 2,150 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home
- Nearest rail line: 520 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Nestle Canada Inc. — STERLING ROAD FACTORY, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$9,741
- Down payment$425,000
- Mortgage amount$1,700,000
- Total interest$1,222,300
- Total cost$3,347,300
Cash flow analysis
$9,741
Total monthly payment
$10,458
Break-even down payment
100%
Cash flow-$10,458
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$2,125,000
$2,125,000
CAD
Estimated market value
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