238 Garden Avenue
Toronto W01, ON
- 2,212 sqft
- Investment
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.
Listing Details
- Taxes (2026)
- $8,602
- Listed
- September 15, 2026
Price History
Listing history
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Property
- Lot Size
- 17.83 x 121.75 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Sunnyside / High Park
- Zoning
- R (d.06) (x290)
- Parcel Number
- 213440402
- Possession
- Other
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 2 To 5 Units
- Office / Apartment Area
- 2212 Sq Ft
Community
Postal area M6R
- Population
- 19,349
- Private dwellings
- 9,255
- Median age
- 39.2
- Average household size
- 2.2
- Median household income
- $104,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto W01 · last 12 months
- Median sold price
- $1,030,000
- Homes sold
- 477
- Median days on market
- 15
- Sale-to-list price
- 101.2%
Based on 477 recorded sales of commercial properties in Toronto W01 over the last 12 months.
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,212 sq ft
- Price per sq ft
- $994.12
- Annual property tax
- $8,602
- Tax per sq ft
- $3.89
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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