Gurvinder Nokwal REALTOR®
For Sale Triplex 33 days on market

$2,199,000

Est. payment $9,737/moCalculate yours

238 Garden Avenue, Toronto, ON M6R 1J1

High Park-Swansea, Toronto, ON M6R 1J1

  • 4 + 1 Beds
  • 4 Baths
  • 1,500 Sq Ft
Map

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. MLS® W13786876

About this home

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.

Property details

Overview

Property Type
Triplex
Style
2 1/2 Storey
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
4 + 1
Bathrooms
4
Kitchens
3
Basement
Apartment, Separate Entrance

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
17.83 x 121.75 Feet
Parking
None garage · 2 total
Zoning
R (d.06) (x290)

Financial

Property Taxes
$8,602 (2026)

Location

Neighbourhood
High Park-Swansea
Cross Street
Sunnyside / High Park
Direction Faces
South

Listing

MLS® Number
W13786876
Days on Market
33
Listed On
2026-09-15
Possession
TBD
Listed By
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Room Level Dimensions
Living Room Second 14′ 8″ × 23′ 1″
Dining Room Second 14′ 8″ × 23′ 1″
Dining Room Lower 12′ 8″ × 20′ 3″
Dining Room Main 14′ 6″ × 22′ 11″
Kitchen Second 14′ 8″ × 23′ 1″
Bedroom Main 7′ 1″ × 16′ 1″
Bedroom Second 13′ 11″ × 11′ 9″
Living Room Main 13′ 9″ × 22′ 11″
Living Room Lower 12′ 8″ × 20′ 3″
Bedroom Third 7′ 10″ × 9′ 5″
Kitchen Lower 12′ 8″ × 20′ 3″
Bedroom Lower 10′ 7″ × 11′ 11″
Bedroom Third 10′ 8″ × 10′ 10″
Kitchen Main 14′ 6″ × 22′ 11″
Pantry Second 7′ 9″ × 3′ 4″

Features

Interior

  • None

Property

  • Hospital
  • Library
  • Park
  • Place Of Worship
  • Public Transit
  • School

Pool

  • None

Mortgage calculator

Minimum for this price: $439,800 (20%)

Amortization, years

Estimated mortgage payment

$9,737 per month

Principal and interest
$9,737
Property tax
$717
Estimated monthly cost
$10,453

Your mortgage

Mortgage amount
$1,759,200
Mortgage insurance
Not needed
Interest over 25 years
$1,161,809

Cash to close

Down payment
$439,800
Land transfer tax (Ontario + Toronto)
$82,900
Total, before legal fees
$522,700
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

238 Garden Avenue, Toronto, ON M6R 1J1 High Park-Swansea, Toronto, ON M6R 1J1
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,199,000 238 Garden Avenue, Toronto, ON M6R 1J1
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