238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1

Multi-Family for sale in Toronto (High Park-Swansea), Ontario. Listed at $2,229,000.

2212 sq ft

Photos of 238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1

238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 1 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 1 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 2 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 2 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 3 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 3 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 4 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 4 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 5 of 5
238 Garden Avenue, Toronto (High Park-Swansea), Ontario, M6R1J1, Toronto (High Park-Swansea), Ontario — photo 5 of 5

MLS® 30112305

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. (id:27495)

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