Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# W13636046

238 Garden Avenue, Toronto, ON M6R 1J1

Toronto W01, ON M6R 1J1

$2,229,000 Est. $9,467/mo · 20% down, 25-yr, 4.09%
18 × 122 ftLot
InvestmentType

About this property

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.

Property Summary

Property TypeInvestment
Community NameHigh Park-Swansea
Land Size17.83 x 121.75 ft
Annual Property Taxes$8,601.00
Tax Year2026
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions18 × 122 ft
Lot frontage18 ft
Lot depth122 ft

Building Features

StyleInvestment
Fire ProtectionNo

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Closed

Utilities

Utility SewerSanitary

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$8,601 (2026)

Listing history

On market sinceAug 4, 2026

Location

Toronto W01, ON M6R 1J1
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
238 Garden Avenue, Toronto, ON M6R 1J1