238 GARDEN AVENUE, Toronto (high Park-swansea), ON M6R1J1
238 GARDEN AVENUE, Toronto (high Park-swansea), ON M6R1J1
238 GARDEN AVENUE, Toronto (high Park-swansea), ON M6R1J1
238 GARDEN AVENUE, Toronto (high Park-swansea), ON M6R1J1
238 GARDEN AVENUE, Toronto (high Park-swansea), ON M6R1J1
238 GARDEN AVENUE, Toronto (high Park-swansea), ON M6R1J1
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Franco Maione

Franco Maione

+1(780) 975-3339
$ 2,229,000
Est. payment | /mo

5 Beds

4 Baths

1,500 SqFt

Save
$ 2,229,000
Est. payment | /mo
Save

5 Beds

4 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $1,486

Subdivision High Park-Swansea

MLS® Listing ID W13636118

Bedrooms 5

Property Description

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. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.47 m X 7.04 m Living room

Extra Room 2 Second level 4.47 m X 7.04 m Dining room

Extra Room 3 Second level 4.47 m X 7.04 m Kitchen

Extra Room 4 Second level 4.25 m X 3.59 m Bedroom

Extra Room 5 Second level 2.35 m X 1.01 m Pantry

Extra Room 6 Third level 3.24 m X 3.29 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Hardwood

Exterior

Parking Features No

Fence Fully Fenced

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 2.5

Sewer Sanitary sewer

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Franco Maione
Franco Maione

Real Broker

+1(780) 975-3339

Canada

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