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Property Feature Sheet
 
 
 
Asking Price: $2,229,000

MLS®: W13636118
Intersection: Sunnyside / High Park
Municipality: Toronto W01
Area/Region: Toronto
Address: 238 Garden Avenue
Taxes: $8,601.56
Sq. Footage: 1500-2000
Bedrooms: 4 + 1
Bathrooms: 4
Kitchens: 3
Laundry: Main Floor
Basement: Apartment,Separate Entrance
Fire Place: False
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.

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Royal LePage Real Estate Services Ltd., Brokerage
3031 Bloor Street West - Toronto, Ontario, M8X 1C5
Office (416) 236-1871       Fax (416) 239-5493       Cell (416) 577-0117

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