238 Garden Ave is an investment in Toronto, listed for $2,125,000.
1Exceptional investment opportunity in one of Toronto's most desirable west-end neighbourhoods.
2This truly LEGAL triplex has been completely rebuilt from the studs, offering a turnkey, income-producing asset with strong rental demand and low maintenance requirements.
3The 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, totalling approximately 2212 sq. ft. of rentable area.
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Commercial Property in Toronto
About 238 Garden Avenue
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, totalling 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 ofToronto'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.
Toronto investment priced at $2,125,000 — book a tour to see if it fits your search.
Inside 238 Garden Ave
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
2131
Listing & possession
Property class
Investment
238 Garden Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14120384$2,125,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 238 Garden Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4966.8%On average, homes sold at or above asking.
Active listings12,806Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 30 – Jul 29, 2026.
Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 238 Garden Ave
How much is 238 Garden Ave listed for?
238 Garden Ave is listed at $2,125,000 (MLS® W14120384). Summitly updates the price as soon as the MLS® record changes.
Has the price of 238 Garden Ave changed?
No — 238 Garden Ave is still listed at its original asking price of $2,125,000.
How many bedrooms and bathrooms does 238 Garden Ave have?
The listing for 238 Garden Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 238 Garden Ave compare with other homes in Toronto?
Its asking price of $2,125,000 is about 153% above the median sold price in Toronto over the last 90 days, $840,000, across 9,552 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 238 Garden Ave been sold before?
Summitly has no earlier MLS® sale or lease of 238 Garden Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 238 Garden Ave?
238 Garden Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 238 Garden Ave been on the market?
238 Garden Ave was listed today (October 27, 2026).
What is the land transfer tax on 238 Garden Ave?
About $79,200 at the asking price of $2,125,000: $39,600 Ontario land transfer tax plus $39,600 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 238 Garden Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 238 Garden Ave?
The listing for 238 Garden Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 238 Garden Ave built?
The listing for 238 Garden Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
