• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
  • Home
  • About
  • Properties
  • Calculator
    • Land Transfer Tax Calculator
    • Mortgage Loan Calculator
    • Mortgage Affordability Calculator
    • CMHC Premium Calculator
    • Renewal Calculator
  • Contact
Sandeep Mehra
  • Home
  • About
  • Properties
  • Calculator
    • Land Transfer Tax Calculator
    • Mortgage Loan Calculator
    • Mortgage Affordability Calculator
    • CMHC Premium Calculator
    • Renewal Calculator
  • Contact

238 Garden Avenue, Toront...

Toronto, M6R 1J1
  • 1500-2000 Sq-Ft
  • 5 Bedrooms
  • - Garage
  • 4 Bathroom
Start From
$ 2,229,000

Descripation

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.

Essential Information

  • Price: $2229000
  • For: Residential Freehold
  • Property Types: Triplex
  • Area: 1500-2000 SQFT
  • Country:
  • City: Toronto W01
  • Garages:
  • Bedrooms: 5
  • Bathrooms: 4

Amenities

Recent Properties

Halton, L7M 1L3

3131 Palmer Drive, Burlin...

$ 1,149,990
Muskoka, P0A 1H0

1110 Joseph Tapley Road, ...

$ 1,175,000
Peel, L5M 5K1

5813 Fieldon Road, Missis...

$ 4,950
Peterborough, K0M 1A0

420 Edwina Drive, Trent L...

$ 449,000
Peel, L5J 1W1

2520 Constable Road, Miss...

$ 945,000
  • Home
  • Properties
  • About Us
  • Calculators
  • Contact

Get in Touch

  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

© Copyright 2026 All rights reserved – Design By Jquest Technologies