$2,125,000 Sale

Listed 19 hours ago

238 GARDEN AVENUE

MLS® w14120384 Multi Family

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Beds · 0

Baths · 0.0

Parking · 2

Sqft · 2212

Est. mortgage

$8,062/mo

Key Facts

Key facts for 238 GARDEN AVENUE

Property Type

Apartment

Parking

Garage: No, 2 parking

MLS #

W14120384

Size

2212 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

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 un...it mix of two one-bedroom apartments on the lower and main levels, along with a spacious three-bedroom upper-level suite, totalling 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 ofToronto'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. (id:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

2212 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

2212 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Acreage

17.83 x 121.75 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

R (d.06) (x290)

Land Amenities

Highway

Acreage

17.83 x 121.75 FT

Parking Spaces

Garage Spaces Y/N

Zoning Description

R (d.06) (x290)

Land Amenities

Highway

Building Description

Home Type

Apartment

Subtype

Multi Family

Sewers

Sanitary sewer

Water Supply

Municipal water

Home Type

Apartment

Subtype

Multi Family

Sewers

Sanitary sewer

Water Supply

Municipal water

Community

High Park-Swansea

Area Code

Toronto (High Park-Swansea)

Community

High Park-Swansea

Area Code

Toronto (High Park-Swansea)

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Harry Singh

Email: [email protected] Cell: 647-269-8720