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Listed price in listed location currency (CAD).
$2,229,000

542

MLS® W13636118

Overview

Key Facts

Type Triplex
Levels Residential
Size -
Garage None
Taxes $8,602
Days Active 34
Lot Size 2131
Approx. Age 
MLS® Number W13636118

Property Address: 238 Garden Ave, Toronto, ON, M6R1J1

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. 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.
MLS® NumberW13636118
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment, Separate Entrance
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $2,229,000

For Sale · 33 days

$2,229,000

MLS® W13636118

A month ago

Not Sold Yet

August 2026, For Sale for $2,229,000

For Sale · 33 days

$2,229,000

MLS® W13636118

A month ago

Not Sold Yet

May 2025, Canceled for $2,325,000

Canceled · 163 days

$2,325,000

MLS® W11895711

A year ago

Canceled on May 31, 2025

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Home Estimate Zoopraisal®

This property is estimated to sell between: $1,968,000 and $2,360,000.
Similar properties in this area sold on average for: $1,968,690
Expect to pay under asking. 68% of similar properties sold for less than the asking price.
Expected to sell very soon! Similar properties sold in 8 days. This home has been on Zoocasa for 34 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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