238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
238 Garden AVE, Toronto W01, ON M6R 1J1
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$2,199,000
Est. payment /mo
2,212 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,212 sqft

Price per Sqft $994

Municipality Toronto W01

Subdivision High Park-Swansea

MLS Listing ID W13786864

Annual Tax Amount $8,601

Tax Year 2026

Lot Size 2131.000 Acres

Property Sub-Type Investment

Property Description

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, totaling 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 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.

Location

Province ON

County Toronto

Community Toronto W01

Area Toronto

Zoning R (d.06) (x290)

Interior

Cooling Yes

Exterior

Parking Features None

Community Features Greenbelt/Conservation, Major Highway

Utilities Available Yes

Building

Lot Description Lot

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Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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238 Garden AVE

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