Triplex · For sale

238 Garden Avenue, Toronto

$2,125,000

Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD. · MLS® W14120500

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Type: Triplex
Deal: For sale
Category: Residential · Multi-unit homes
Bedrooms: 5
Bathrooms: 4
Size: 1500-2000 sq ft
Lot: 17.83 x 121.75 ft
Area: High Park-Swansea
MLS® number: W14120500

Description

Exceptional investment opportunity in one of Toronto's most desirable west-end neighborhoods. 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.

The information provided herein is deemed reliable but is not guaranteed accurate by PROPTX.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Public records · not part of the MLS® listing

Before you offer: public records for this address

What government open data says about 238 Garden Avenue, Toronto. Looked up by address only; nothing here comes from the listing.

No record
Floodplain and conservation authority regulation
Not in a regulated area in the mapping we have
Mapping checked: TRCA, LSRCA, CVC, CLOCA, HCA. Other conservation authorities don't publish licensed open data; confirm with the one for this area.
No record
Oak Ridges Moraine
Outside the plan area
No record
Greenbelt
Outside the Greenbelt Plan area
No record
Heritage status
Not on the heritage register, and not in a district
No record
Contaminated-site records nearby
No federal records within 500 m
This inventory covers federal sites only; it is not a full environmental search.
Record
Building permits on file for this address
No permits found in the open data we have — this is not proof that no work was done without a permit
The open data covers permits issued since Oct 31, 2024.
No record
Active development applications within 250 m
None in the open data we load
Record
Upcoming projects within 1 km
2 projects
Approved: 15-unit townhouse development, up to 4 storeys at 41 Wabash Ave, 708 m away.
Approved: 11-storey, 128-unit condominium at 6 Howard Park Ave, 956 m away.
Record
Water and sewer servicing
City of Toronto: Municipal water and sewer (no allocation published)
Toronto Water treats and distributes drinking water and collects and treats wastewater across the city. No servicing allocation system is published.
Source: City of Toronto, Toronto Water (Nov 1, 2026).
Report ↗
Record
Schools for this address
Check with the school boards' own locators
Boundaries change; the boards' tools are the authority.
TDSB school locator (Toronto District School Board) ↗ · TCDSB school locator (Toronto Catholic District School Board) ↗

Questions to ask before you offer

From what the records above show. Your agent and lawyer can help with each.

If the home has a finished basement, an addition, a second unit or other renovations, ask the seller for the permits and final inspection records, or check with the municipality's building department. No building permits for this address in the open data we have (issued since 2024-10-31). That is not proof that work was done without a permit.
Ask about the timing of nearby projects if construction noise, traffic or views matter to you. 2 upcoming residential projects within 1 km in public records.

Full Property Report for this address · zoning, lot, transit, parks and more (public records)

Sources: Treasury Board of Canada Secretariat, Federal Contaminated Sites Inventory (Oct 31, 2026); City of Toronto, Building Permits – Active Permits (Oct 30, 2026); City of Toronto, Building Permits – Cleared Permits (Oct 30, 2026); City of Mississauga, Building Permits (issued since 2018) (Oct 1, 2026); City of Brampton, Building Permits (GeoHub) (Oct 31, 2026); City of Toronto, Development Applications (City Planning, Application Information Centre) (Nov 1, 2026); City of Toronto, Committee of Adjustment Applications (Active Applications) (Oct 31, 2026); City of Brampton, GeoHub, Planning_Land_Use_Development: OPA ZBA Subdivision, Draft Plan of Condo, Site Plan Approval, Minor Variance, Consent to Sever (Nov 1, 2026); York Region, Active Development Application Boundaries (York Region's review of applications in its nine municipalities) (Oct 27, 2026); Toronto and Region Conservation Authority, TRCA Regulated Area (Regulation Limit 2025, O. Reg. 41/24) (Apr 29, 2026); school boards' own locators (links only).

Public records · not part of the MLS® listing

Before you offer: public records for this address

Looking up flood, heritage, permits and planning records…

238 Garden Avenue, Toronto

Description

Before you offer: public records for this address

Floodplain and conservation authority regulation

Oak Ridges Moraine

Greenbelt

Heritage status

Contaminated-site records nearby

Building permits on file for this address

Active development applications within 250 m

Upcoming projects within 1 km

Water and sewer servicing

Schools for this address

Questions to ask before you offer

Before you offer: public records for this address

Before you offer: public records for this address

Floodplain and conservation authority regulation

Oak Ridges Moraine

Greenbelt

Heritage status

Contaminated-site records nearby

Building permits on file for this address

Active development applications within 250 m

Upcoming projects within 1 km

Water and sewer servicing

Schools for this address

Questions to ask before you offer