MLS® Listings · Toronto

238 Garden Avenue

High Park-Swansea, Toronto, M6R 1J1

$2,125,000

For sale · MLS® W14120384

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About this home

Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, 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 lower and main levels, along with a spacious three-bedroom upper-level suite, totalling approximately 2212 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 ofToronto'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.

Details

Property type
Investment
Heating
Gas Forced Air Closed
Air conditioning
Yes
Garage
None
Lot frontage
17.83
Lot depth
121.75
Lot units
Feet
Cross streets
Sunnyside / High Park
Property taxes
$8,602
Tax year
2026
Possession
TBA
MLS® number
W14120384

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Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..

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MLS® listing content displayed under TRREB license. CREA trademarks used under license where listing data is shown. Saigal Realty Inc., Brokerage — brokerage registered with the Real Estate Council of Ontario (RECO). Data last updated Oct 27, 2026, 11:05 a.m..

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