238 Garden Avenue
High Park-Swansea, Toronto, M6R 1J1
$2,199,000
Listed 34 days ago · MLS® W13786864
About this home
Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods. This truly LEGAL triplex has been completely rebuilt from the studs, 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 lower and main levels, along with a spacious three-bedroom upper-level suite, totaling approximately 2212 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.
Details
- Type
- Investment
- Lot
- 17.83 × 121.75 ft
- Garage
- None
- Property tax
- $8,602 (2026)
- Neighbourhood
- High Park-Swansea
- Municipality
- Toronto W01
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary
- Utilities
- Yes
Building and exterior
- Building area
- 2,212 Square Feet
More
- Possession
- tbd
- Cross street
- Sunnyside / High Park
- Business type
- Apts - 2 To 5 Units
History of this address
10 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Dundas West Subway1.5 km
- 🚇 Keele Subway1.6 km
- 🚆 Exhibition GO2.6 km
Within a 10-minute walk: 6 grocery stores, 73 cafés and restaurants, 9 parks, 6 pharmacies. Nearest grocery: Shangri-La Fruit Market (150 m). Nearest park: Grafton Avenue Park (550 m).
Schools nearby
Elementary
- Garden Avenue Junior Public School
EQAO: Gr 6 reading 100%, math 94%1 min walk - Fern Avenue Junior and Senior Public School
EQAO: Gr 6 reading 91%, math 62%6 min walk - St. Vincent de Paul Catholic School Catholic
EQAO: Gr 6 reading 89%, math 63%7 min walk - Howard Junior Public School
EQAO: Gr 6 reading 93%, math 87%13 min walk
Secondary
- École secondaire catholique Saint-Frère-André Catholic · French17 min walk
- École secondaire Toronto Ouest French19 min walk
- La passerelle secondaire French1.2 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M6R
- Owners / renters
- 51% / 49%
- Median household income
- $104,000
- Average age
- 40
- Children under 15
- 15%
- Homes
- 16% detached, 11% high-rise
- Commute by transit
- 23%
- Population
- 19,349
Languages spoken most at home besides English: Polish 1.8%, Spanish 0.5%, Portuguese 0.5%, Ukrainian 0.4%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in High Park-Swansea (2025): 35% below the Toronto average, about the same from the year before.
- Assault39% below average
- Break and enter21% above average
- Auto theft60% below average
- Robbery41% below average
- Theft from vehicles39% below average
- Shootingsabout average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby
No planning applications within 500 m in the last five years.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 6 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built R
Residential.
- ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
- ✅ Garden suite in the backyard
- ✅ Laneway suite, if the lot backs onto a lane
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
- Interior Alterations · 2019 · ClosedREV02: Revision to third floor dormer interior layout on all floors REV01: Revision to permit 19-138344 BLD as per bubbled area. Revision…
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
82 City street trees within 100 m. That’s more than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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