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MLS® W14120500
High Park-Swansea, Toronto, ON
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.
Broker
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Neighbourhood
High Park-Swansea
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Triplex
238 Garden Avenue Toronto
High Park-Swansea
Type
Triplex
Basement
Apartment, Separate Entrance
Parking
None (2)
Property Tax
~$8,602/yr
Heating
Forced Air
Buying Essentials
Square Feet
1750 sqft
Facing Direction
South
Parking
None (2)
Finances
List Price
$2,125,000
Price per SQFT
$1,214/sqft
Property Tax
~$8,602/yr
Property Specs
Property Type
Triplex
MLS Size
1750 sqft
Basement
Apartment, Separate Entrance
Living & Amenities
Heating Type
Forced Air
Features
None
Policies & Utilities
Neighbourhood
High Park-Swansea
Listed On
Oct 27, 2026
Hospital
Library
Park
Place Of Worship
Public Transit
School
Days on Market
Current: 10 days
Hardwood Floor, Combined w/Dining, W/O To Patio
14.5 x 22.9
333 sqft
Hardwood Floor, Combined w/Kitchen, Open Concept
14.5 x 22.9
333 sqft
Hardwood Floor, Stainless Steel Appl, Eat-in Kitchen
14.5 x 22.9
333 sqft
Hardwood Floor, B/I Closet, Window
7.1 x 16.0
114 sqft
Hardwood Floor, Combined w/Dining, W/O To Deck
14.7 x 23.1
339 sqft
Hardwood Floor, Combined w/Kitchen
14.7 x 23.1
339 sqft
Hardwood Floor, Stainless Steel Appl, Eat-in Kitchen
14.7 x 23.1
339 sqft
Hardwood Floor, B/I Closet, Bay Window
13.9 x 11.8
164 sqft
7.7 x 3.3
26 sqft
Hardwood Floor, Closet
7.8 x 9.4
74 sqft
Hardwood Floor, Window
10.6 x 10.8
115 sqft
Hardwood Floor, Combined w/Dining, Above Grade Window
12.7 x 20.2
257 sqft
Hardwood Floor, Combined w/Kitchen, Above Grade Window
12.7 x 20.2
257 sqft
Hardwood Floor, Stainless Steel Appl, Centre Island
12.7 x 20.2
257 sqft
Hardwood Floor, Closet, Above Grade Window
10.6 x 11.9
126 sqft
Rooms
15
Listed Room Area
3,406 sqft
Source
Estimated from MLS room dimensions
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