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 neighborhoods. 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.
The home
- Type
- Triplex
- Style
- 2 1/2 Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 3
- Rooms
- 10
- Basement
- Apartment, Separate Entrance
- Lot size
- 17.8 x 121.8 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
- Parking features
- Lane
Taxes & other
- Property taxes
- $8,602/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Sunnyside / High Park
- Neighbourhood
- High Park-Swansea
More
- Price per sq ft
- ~$1,214 (at 1,750 sq ft)
- MLS® number
- W14120500
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The home and its surroundings
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
- School
- 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 triplex 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.
How many bedrooms and bathrooms does 238 Garden Avenue have?
238 Garden Avenue has 4 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms. The listing gives the style as 2 1/2 storey.
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.
Does 238 Garden Avenue have a finished basement?
The listing describes the basement as apartment, separate entrance. It counts 1 bedroom on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 238 Garden Avenue?
238 Garden Avenue is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 238 Garden Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 17.8 x 121.8 ft.
How is 238 Garden Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
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® W14120500). 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, 203 Fern Avenue at $2,497,500 (4+1 bed) and 189 Parkside Drive at $1,999,000 (5+1 bed). 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.
Investment$2,125,000238 Garden Avenue, TorontoHigh Park-SwanseaCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →
Duplex$2,497,500203 Fern Avenue, Toronto4+1 bed · 5 bath · High Park-SwanseaCourtesy of: CONDOS AND CASTLES REALTY INC.View home →
Fourplex$1,999,000189 Parkside Drive, Toronto5+1 bed · 4 bath · High Park-SwanseaCourtesy of: GRANGE HALL REALTY INC.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.