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 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.
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
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MLS# W13636118
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
On market since Aug 4, 2026
238 Garden Avenue, Toronto, ON M6R 1J1 is listed for $2,229,000 CAD.
238 Garden Avenue, Toronto, ON M6R 1J1 has 5 bedrooms and 4 bathrooms.
238 Garden Avenue, Toronto, ON M6R 1J1 is a Triplex.
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 4167164439 to arrange a private showing of 238 Garden Avenue, Toronto, ON M6R 1J1 (MLS# W13636118). You can also send a message through the contact form on this site.
