238 Garden Avenue
Toronto W01, ON M6R 1J1
Price
$2,199,000
Building Size
2,212 sq ft
Lot: 2,131 sq ft
MLS# W13786864 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Business Details
Business Type
Apts - 2 To 5 Units
Property Use
Apartment
Commercial Space & Financials
Office / Apt Area
2,212 sq ft
Taxes (Annual)
$8,601.56
Industrial Specifications
Parking
2 spaces (None)
Lot Size
17.83' × 121.75'
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.
Price & Status History
Price history is locked
Location
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238 Garden Avenue, Toronto W01 M6R 1J1
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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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