Listed for:Listed Sep 15, 2026
$2,199,000

238 Garden Avenue

Toronto (High Park-Swansea), ON M6R 1J1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 238 Garden Avenue, Toronto, High Park-Swansea

No listing history available

Real estate boards require you to or to see the full details of this property.

*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 238 Garden Avenue, Toronto, High Park-Swansea

Summarized Description

  • Legal triplex in a prime Toronto neighbourhood
  • Turnkey investment with strong rental demand
  • Completely rebuilt with contemporary finishes
  • Includes two one-bedroom and one three-bedroom unit
  • Low maintenance requirements for hassle-free ownership
  • Gross income of $116,400 with a CAP rate of 8.66%
  • Private outdoor spaces for each unit
  • Outstanding long-term appreciation potential

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, totalling 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 mostsought-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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,602
Land Transfer Tax Fee
$82,900

Basement Type
Apartment, Separate Entrance

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Other Structures
Fence - Full

Building

Building Type
Multiplex
Building Style
2 1/2 Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
17.83 ft
Lot Depth
121.75 ft
Lot Size
2131
Lot Shape
Rectangular

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 1
Washrooms
4
Kitchens
3

Room sizes

  • Living Room—
    Second level, Hardwood Floor, Combined w/Dining, W/O To Deck
  • Dining Room—
    Second level, Hardwood Floor, Combined w/Kitchen, Open Concept
  • Dining Room—
    Lower level, Hardwood Floor, Combined w/Dining, Above Grade Window
  • Dining Room—
    Main level, Hardwood Floor, Combined w/Kitchen, Open Concept
  • Kitchen—
    Second level, Hardwood Floor, Stainless Steel Appl, Eat-in Kitchen
  • Bedroom—
    Main level, Hardwood Floor, B/I Closet, Window
  • Bedroom—
    Second level, Hardwood Floor, B/I Closet, Bay Window
  • Living Room—
    Main level, Hardwood Floor, Combined w/Dining, W/O To Patio
  • Living Room—
    Lower level, Hardwood Floor, Combined w/Dining, Above Grade Window
  • Bedroom—
    Third level, Hardwood Floor, Closet
  • Kitchen—
    Lower level, Hardwood Floor, Stainless Steel Appl, Centre Island
  • Bedroom—
    Lower level, Hardwood Floor, Closet, Above Grade Window
  • Bedroom—
    Third level, Hardwood Floor, Window
  • Kitchen—
    Main level, Hardwood Floor, Stainless Steel Appl, Open Concept
  • Pantry—
    Second level

Washrooms

  • 3-piece, Main
  • 3-piece, Second
  • 4-piece, Third
  • 3-piece, Lower

Municipality
Toronto
Neighbourhood
High Park-Swansea
Main cross streets
Sunnyside / High Park
Zoning
R (d.06) (x290)
Directions
Sunnyside / High Park

MLS® number
W13786876
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-15
Updated on
2026-10-02
Days on market
30 days
Possession type
Other
Co-op commission
2.5%
Seller
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Home Market Value

Current home valuation for 238 Garden Avenue, Toronto, High Park-Swansea, Toronto, ON. Listed for $2,199,000

HOMEH Estimate

?

—

Estimated Sales Range

?

—

HOMEH Estimate for 238 Garden Avenue, Toronto, High Park-Swansea

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
See the full analysisFree Every recent nearby sale behind this number

For the owner

Is this your home? Track its value.

Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$439,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,759,200$1,649,250$1,539,300$1,429,350
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$8,589monthly$8,052monthly$7,516monthly$6,979monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$41,450

Municipal (Toronto)

$41,450

Total Land Transfer Tax

$82,900

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
Loading map...
7.5 /10

Garden Avenue

Public·elementary·110m

6.8 /10

Fern Avenue

Public·elementary·370m

8.6 /10

St Vincent de Paul

Private·elementary·390m

8.0 /10

Howard

Public·elementary·740m

2.6 /10

Parkdale

Public·elementary·1.1km

8.8 /10

Toronto Ouest

Public·secondary·French·1.2km

7.7 /10

St.-Frère-André

Private·secondary·French·1.2km

7.7 /10

Shirley Street

Public·elementary·1.2km

6.5 /10

Parkdale

Public·secondary·1.2km

4.3 /10

Bishop Marrocco/Thomas Merton

Private·secondary·1.4km

2.7 /10

Holy Family

Private·elementary·1.4km

7.2 /10

Brock

Public·elementary·1.4km

5.8 /10

St Helen

Private·elementary·1.5km

7.1 /10

Queen Victoria

Public·elementary·1.5km

6.6 /10

Alexander Muir/Gladstone Ave

Public·elementary·1.7km

Ask HOMEH

New!
H

Hi there!

👋

Text or call (416) 301-9001

Recommended for you

Based on homes you've looked at.

No recommended properties found.

Nearby similar homes

No nearby properties found.