238 Garden Avenue

High Park-Swansea, Toronto, M6R 1J1

$2,199,000

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  • 4+1 bedrooms
  • 4 bathrooms
  • 2 parking
  • 1500-2000 sq ft

Listed 35 days ago · MLS® W13786876

About this home

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.

Details

Type
Triplex
Style
2 1/2 Storey
Size
1500-2000 sq ft
Lot
17.83 × 121.75 ft
Basement
Apartment, Separate Entrance
Garage
None
Kitchens
3
Property tax
$8,602 (2026)
Neighbourhood
High Park-Swansea
Municipality
Toronto W01

Interior

Bedrooms
4 above ground + 1 below
Bathrooms
1 × 3-piece (main), 1 × 3-piece (second), 1 × 4-piece (third), 1 × 3-piece (lower)
Kitchens
3 (1 below ground)
Rooms
10 above ground + 3 below
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete Block
Faces
South
Outdoor
Fence - Full

Parking

Total parking
2
Driveway and parking
Lane

Lot

Size
17.83 × 121.75 ft (rectangular)

More

Possession
TBD
Nearby
Hospital, Library, Park, Place Of Worship, Public Transit, School
Cross street
Sunnyside / High Park

Rooms

RoomLevelSizeFeatures
Living RoomMain4.2 × 6.99 m (13'9" × 22'11")Hardwood Floor, Combined w/Dining, W/O To Patio
Dining RoomMain4.42 × 6.99 m (14'6" × 22'11")Hardwood Floor, Combined w/Kitchen, Open Concept
KitchenMain4.42 × 6.99 m (14'6" × 22'11")Hardwood Floor, Stainless Steel Appl, Open Concept
BedroomMain2.17 × 4.89 m (7'1" × 16'1")Hardwood Floor, B/I Closet, Window
Living RoomSecond4.47 × 7.04 m (14'8" × 23'1")Hardwood Floor, Combined w/Dining, W/O To Deck
Dining RoomSecond4.47 × 7.04 m (14'8" × 23'1")Hardwood Floor, Combined w/Kitchen, Open Concept
KitchenSecond4.47 × 7.04 m (14'8" × 23'1")Hardwood Floor, Stainless Steel Appl, Eat-in Kitchen
BedroomSecond4.25 × 3.59 m (13'11" × 11'9")Hardwood Floor, B/I Closet, Bay Window
PantrySecond2.35 × 1.01 m (7'9" × 3'4")
BedroomThird2.39 × 2.88 m (7'10" × 9'5")Hardwood Floor, Closet
BedroomThird3.24 × 3.29 m (10'8" × 10'10")Hardwood Floor, Window
Living RoomLower3.87 × 6.16 m (12'8" × 20'3")Hardwood Floor, Combined w/Dining, Above Grade Window
Dining RoomLower3.87 × 6.16 m (12'8" × 20'3")Hardwood Floor, Combined w/Dining, Above Grade Window
KitchenLower3.87 × 6.16 m (12'8" × 20'3")Hardwood Floor, Stainless Steel Appl, Centre Island
BedroomLower3.23 × 3.62 m (10'7" × 11'11")Hardwood Floor, Closet, Above Grade Window

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.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2019 · Closed
    REV02: 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.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

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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