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43.73° N · 79.40° W — Toronto & nearby · 9,737 homes for sale today43.73° N · 79.40° W — 9,737 homes today(647) 554-7436Saved

43.6436° N · 79.4497° W — High Park-Swansea, Toronto — MLS® #W14120500

238 Garden Ave

$2,125,000

High Park-Swansea, Toronto, Ontario M6R 1J1

4+1
BedroomsBeds
4
BathroomsBaths
1500-2000 sqft1500-2000
SizeSq ft
17.83 x 121.75 ft
Lot sizeLot

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ToShemeer AhmadVALERY REAL ESTATE INC.
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In short · from the listing record

238 Garden Ave is a 4+1-bedroom, 4-bathroom triplex in High Park-Swansea, Toronto, listed for sale at an asking price of $2,125,000 (MLS® W14120500).

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.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 73Good

    Condition score

    1 documented update signal

    Listing age, structured features and disclosed update language; not an inspection.

  • 6Shortfall

    Cash flow quality

    −$5,612/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 161 homes with 5 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$8,602 / 2026
MLS® number
W14120500
Board
TRREB MLS®
Property Type
Triplex
Time on market
Size
1500-2000 sqft
Lot Size
17.83 x 121.75 ft
Listed on
Parking
None, 2 Parking

Listing history

Listing activity for 238 Garden Ave, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,125,000N/AFor SaleW14120500

Inside

Room by room

From the listing.

Main4 rooms
  • Living6.99 × 4.42 mhardwood floor, Combined W/Dining, W/O To Patio
  • Dining6.99 × 4.42 mhardwood floor, Combined W/Kitchen, Open Concept
  • Kitchen6.99 × 4.42 mhardwood floor, Stainless Steel Appl, Eat-In Kitchen
  • Br4.89 × 2.17 mhardwood floor, B/I Closet, Window
Lower4 rooms
  • Living6.16 × 3.87 mhardwood floor, Combined W/Dining, Above Grade Window
  • Dining6.16 × 3.87 mhardwood floor, Combined W/Kitchen, Above Grade Window
  • Kitchen6.16 × 3.87 mhardwood floor, Stainless Steel Appl, Centre Island
  • Br3.62 × 3.23 mhardwood floor, Closet, Above Grade Window
2nd5 rooms
  • Living7.04 × 4.47 mhardwood floor, Combined W/Dining, W/O To Deck
  • Dining7.04 × 4.47 mhardwood floor, Combined W/Kitchen
  • Kitchen7.04 × 4.47 mhardwood floor, Stainless Steel Appl, Eat-In Kitchen
  • Br3.59 × 4.25 mhardwood floor, B/I Closet, Bay Window
  • Pantry1.01 × 2.35 m
3rd2 rooms
  • Br2.88 × 2.39 mhardwood floor, Closet
  • Br3.29 × 3.24 mhardwood floor, Window

Property

Property Type
Triplex
Style
2 1/2 Storey
Community
High Park-Swansea
Municipality
Toronto

Building

Size
1500-2000 sqft
Construction
Brick

Inside

Bedrooms
4+1
Bathrooms
4
Bathroom Details
1 × 3pc Main, 1 × 3pc 2nd, 1 × 4pc 3rd, 1 × 3pc Lower
Basement Type
Apartment
Kitchens
2

Parking

Driveway
Lane
Garage Type
None
Additional Parking
2
Total Parking
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
17.83 ft
Depth
121.75 ft
Lot Size
17.83 x 121.75 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Bloor GOGO Transit train: KitchenerUP Express train1.5 km
Dundas West StationTTC subway: Line 2 Bloor-Danforth1.5 km
Keele StationTTC subway: Line 2 Bloor-Danforth1.5 km
High Park StationTTC subway: Line 2 Bloor-Danforth1.8 km
Lansdowne StationTTC subway: Line 2 Bloor-Danforth1.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningR (d0.6) (x290)Residential zone (R) · Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(290)
  • Permits3 clearedBuilding Permit Related(MS) Issued October 9, 2019 · Interior Alterations Issued August 15, 2019 · Building Permit Related(PS) Issued April 17, 2019
  • Signals nearby2 to note1605 QUEEN ST W, Official plan or zoning amendment, 690 m away · 40 WABASH AVE, Site plan, 800 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 520 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record88 building permits issued within 250 m in the last 2 years
  • airportOn recordNearest airport: 4.0 km
  • parcelOn recordMapped parcel: about 2,150 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 3 test or monitoring holes also recorded.
  • npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Nestle Canada Inc. — STERLING ROAD FACTORY, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 30 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Lot

Lot area
2,171 sq ft202 m²
Street frontage
17.83 ft5.4 m
Depth
121.75 ft37.1 m
17.83 × 121.75 ftGARDEN AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by GeoWarehouse.

Land transfer tax on this home

Ontario land transfer tax
$39,600
Toronto municipal land transfer tax
$39,600
Total land transfer tax
$79,200
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$70,725
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $2,125,000
$3,125
Ontario total
$39,600

Toronto’s municipal tax uses the same brackets at this price, so it adds another $39,600.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Garden Avenue Junior Public SchoolToronto DSBPublic · grades JK–698%Grade 6 average50 m
  • Fern Avenue Junior and Senior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion80%Grade 6 average350 m
  • St Vincent de Paul Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion79%Grade 6 average400 m
  • École élémentaire Charles-SauriolConseil scolaire ViamondeFrench-language public · grades JK–895%Grade 6 average2.8 km

SecondaryGrade 9 math 2024–25

  • Parkdale Collegiate InstituteToronto DSBPublic · grades 9–1261%Grade 9 math1.2 km
  • ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1269%Grade 9 math1.2 km
  • École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–1282%Grade 9 math1.3 km
  • Bishop Marrocco/Thomas Merton Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion41%Grade 9 math1.4 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$2,125,000

A month, all in

$10,412

  • Mortgage$9,695
  • Property tax$717

A planning figure, not a quote.

Land transfer tax

$79,200

$70,725 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$4,800

a month, median asking rent of 161 similar homes in Toronto.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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