238 Garden Avenue, Toronto

Roncesvalles Village, West End, Toronto

238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
+38
4+1
 bed
4
 bath
2
 parking
1500 - 2000
 sqft
Triplex
$2,199,000
For Sale
15 days
 on site
$2,199,000
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Size
-
Lot size
2131 sqft
Street frontage
-
Possession
Other
Price per sqft
$1,100 - $1,466
Taxes
$8,601.56 (2026)
Parking Type
-
Style
2 1/2 Storey
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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, totalling 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 mostsought-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.
Broker: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS®#: W13786876
Property details
Parking:
2
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
1500-2000 sqft
Lot front:
17 Ft
Lot depth:
121 Ft
Listed on:
Sep 15, 2026
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Instant estimate:
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$212,086
lower than listed price
i
High
$2,057,772
Mid
$1,986,914
Low
$1,886,939
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About 238 Garden Avenue

Located at 238 Garden Avenue, this Toronto triplex is available for sale. 238 Garden Avenue has an asking price of $2199000, and has been on the market since September 2026. This triplex has 4+1 beds, 4 bathrooms and is 1500-2000 sqft. 238 Garden Avenue, Toronto is situated in Roncesvalles Village, with nearby neighbourhoods in High Park, Parkdale, Little Portugal and Junction Triangle .

Some good places to grab a bite are Kami Sushi, Gabby's Restaurant or Chopin Restaurant. Venture a little further for a meal at one of Roncesvalles Village neighbourhood's restaurants. If you love coffee, you're not too far from Village Juicery located at 99 Roncesvalles Ave. For groceries there is Myolive Premium Olive Oil & Balsamic Ta which is a short walk.

For those residents of 238 Garden Ave, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Roncesvalles Ave at Garden Ave) and is a short walk connecting you to Toronto's public transit service. It also has route King, and route King nearby. For drivers at 238 Garden Ave, it might be easier to get around the city getting on or off Gardiner Expressway and Dowling Ave, which is within a 4-minute drive.