MLS® Listings · Toronto

238 Garden Avenue

High Park-Swansea, Toronto, M6R 1J1

$2,125,000

For sale · MLS® W14120500

41 photos — scroll sideways to see them all.

4+1Bedrooms
4Bathrooms
2Parking
1500-2000Sq ft

About this home

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.

Details

Property type
Triplex
Style
2 1/2 Storey
Size (sq ft)
1500-2000
Bedrooms
4
Bedrooms below grade
1
Bathrooms
4
Kitchens
3
Basement
Apartment, Separate Entrance
Heating
Forced Air
Air conditioning
Central Air
Garage
None
Parking spaces
2
Lot frontage
17.83
Lot depth
121.75
Lot units
Feet
Faces
South
Cross streets
Sunnyside / High Park
Property taxes
$8,602
Tax year
2026
Possession
TBA
MLS® number
W14120500

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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, 11:19 a.m..

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

238 Garden Avenue, Toronto — $2,125,000 | Saigal Realty