Nest Seekers

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

238 Garden Avenue
Toronto W01 M6R 1J1
Canada

Listing

Web ID:5823697
Website:https://www.nestseekers.com/5823697

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 4

Financials

Price:C2,125,000
($1,521,500)
(€1,362,700)
Annual Taxes:C8,601.56

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.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
​
Nest Seekers Logo
Loading...