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$2,229,000
Available - For Sale
Listing ID: W13636118
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.
Price $2,229,000
Taxes: $8,601.56
Occupancy by: Tenant
Address: 238 Garden Avenue , Toronto, M6R 1J1, Toronto
Directions/Cross Streets: Sunnyside / High Park
Rooms: 10
Rooms +: 3
Bedrooms: 4
Bedrooms +: 1
Washrooms: 4
Family Room: F
Basement: Apartment
Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 13.78 22.93 Hardwood Floor, Combined w/Dining, W/O To Patio
Room 2: Main Dining Ro 14.50 22.93 Hardwood Floor, Combined w/Kitchen, Open Concept
Room 3: Main Kitchen 14.50 22.93 Hardwood Floor, Stainless Steel Appl, Open Concept
Room 4: Main Bedroom 7.12 16.04 Hardwood Floor, B/I Closet, Window
Room 5: Second Living Ro 14.66 23.09 Hardwood Floor, Combined w/Dining, W/O To Deck
Room 6: Second Dining Ro 14.66 23.09 Hardwood Floor, Combined w/Kitchen, Open Concept
Room 7: Second Kitchen 14.66 23.09 Hardwood Floor, Stainless Steel Appl, Eat-in Kitchen
Room 8: Second Bedroom 13.94 11.78 Hardwood Floor, B/I Closet, Bay Window
Room 9: Second Pantry 7.71 3.31
Room 10: Third Bedroom 7.84 9.45 Hardwood Floor, Closet
Room 11: Third Bedroom 10.63 10.79 Hardwood Floor, Window
Room 12: Lower Living Ro 12.69 20.20 Hardwood Floor, Combined w/Dining, Above Grade Window
Room 13: Lower Dining Ro 12.69 20.20 Hardwood Floor, Combined w/Dining, Above Grade Window
Room 14: Lower Kitchen 12.69 20.20 Hardwood Floor, Stainless Steel Appl, Centre Island
Room 15: Lower Bedroom 10.59 11.87 Hardwood Floor, Closet, Above Grade Window
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Second
Washroom 3:  4 Third
Washroom 4:  3 Lower
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Second
Washroom 8:  4 Third
Washroom 9:  3 Lower
Washroom 10:  0
Washroom 11:  3 Main
Washroom 12:  3 Second
Washroom 13:  4 Third
Washroom 14:  3 Lower
Washroom 15:  0
Washroom 16:  3 Main
Washroom 17:  3 Second
Washroom 18:  4 Third
Washroom 19:  3 Lower
Washroom 20:  0
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 2
Park #1
Parking Type: Lane
Park #2
Parking Type: Lane
Pool: None
Other Structures: Fence - Full
Approximatly Square Footage: 1500-2000
Property Features: Hospital
Library
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

238 Garden Avenue , Toronto, M6R 1J1, Toronto

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Triplex
Area: Toronto
Municipality: Toronto W01
Neighbourhood: High Park-Swansea
Style: 2 1/2 Storey
Lot Size: x 121.75(Feet)
Approximate Age:
Tax: $8,601.56
Maintenance Fee: $0
Beds: 4+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949