238 Garden Avenue, Toronto, ON M6R 1J1
High Park-Swansea, Toronto · Near Sunnyside / High Park · View map
About this home
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, 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.
The home
- Type
- Investment
- Square footage
- 2212 sq ft
- Lot size
- 17.8 x 121.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $8,602/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Sunnyside / High Park
- Neighbourhood
- High Park-Swansea
More
- MLS® number
- W14120384
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
238 Garden Avenue, Toronto, ON M6R 1J1
High Park-Swansea, Toronto · Near Sunnyside / High Park
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Listing history for 238 Garden Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 238 Garden Avenue
Answers come straight from this home’s MLS® listing.
How much is 238 Garden Avenue listed for, and what would it cost each month?
238 Garden Avenue is listed for $2,125,000. With 20% down ($425,000), the mortgage payment would be roughly $8,572 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,288 a month, all in. That figure is an illustration, not a quote.
Is 238 Garden Avenue freehold or a condo, and is there a monthly fee?
238 Garden Avenue is a investment in High Park-Swansea, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 238 Garden Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 238 Garden Avenue?
238 Garden Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 238 Garden Avenue, and what is the lot size?
The lot is listed as 17.8 x 121.8 ft.
How is 238 Garden Avenue heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 238 Garden Avenue?
Property taxes are $8,602 a year (2026), or about $717 a month.
Where is 238 Garden Avenue?
238 Garden Avenue is in the High Park-Swansea community of Toronto. The nearest main intersection is Sunnyside / High Park. The postal code is M6R 1J1.
Is 238 Garden Avenue still for sale?
Yes. It is an active listing (MLS® W14120384). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 238 Garden Avenue asking?
Similar properties for sale nearby right now include 238 Garden Avenue at $2,125,000 (4+1 bed), 2243 Dundas Street W at $2,195,000 and 2233 Dundas Street W at $1,899,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 238 Garden Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 238 Garden Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near High Park-Swansea, picked by style, size and price.
Triplex$2,125,000238 Garden Avenue, Toronto4+1 bed · 4 bath · High Park-SwanseaCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →
Store w apt / office$2,195,0002243 Dundas Street W, Toronto5 bath · High Park-SwanseaCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →
Store w apt / office$1,899,0002233 Dundas Street W, Toronto5 bath · High Park-SwanseaCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.