238 Garden Avenue, Toronto

238 Garden Avenue
238 Garden Avenue
238 Garden Avenue
+38
4+1
 bed
4
 bath
2
 parking
1500 - 2000
 sqft
Triplex
$2,229,000
For Sale
12 days
 on site
$2,229,000
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Size
-
Lot size
2131 sqft
Street frontage
-
Possession
Other
Price per sqft
$1,115 - $1,486
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, 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.
Broker: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS®#: W13636118
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:
Aug 4, 2026
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Instant estimate:
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$147,356
lower than listed price
i
High
$2,155,881
Mid
$2,081,644
Low
$1,976,903
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About 238 Garden Avenue

238 Garden Avenue is a Toronto triplex for sale. It has been listed at $2229000 since August 2026. This triplex has 4+1 beds, 4 bathrooms and is 1500-2000 sqft. 238 Garden Avenue resides in the Toronto Roncesvalles Village neighbourhood, and nearby areas include High Park, Parkdale, Little Portugal and Junction Triangle .

There are a lot of great restaurants around 238 Garden Ave, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Village Juicery. Nearby grocery options: Myolive Premium Olive Oil & Balsamic Ta is a short distance away.

For those residents of 238 Garden Ave, Toronto without a car, you can get around rather 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. Access to Gardiner Expressway from 238 Garden Ave is within a 4-minute drive, making it easy for those driving to get into and out of the city using on and off ramps on Dowling Ave.