Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
238 Garden Avenue, High Park-Swansea M6R 1J1
Price
$2,125,000
Bedrooms
4 Beds
Bathrooms
4 Baths
Size
1500-2000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$8601.56
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.
Property Dimensions
Lower Level
Kitchen
Dimensions
3.87' × 6.16'
Features
hardwood floor, stainless steel appl, centre island
Dining Room
Dimensions
3.87' × 6.16'
Features
hardwood floor, combined w/kitchen, above grade window
Bedroom
Dimensions
3.23' × 3.62'
Features
hardwood floor, closet, above grade window
Living Room
Dimensions
3.87' × 6.16'
Features
hardwood floor, combined w/dining, above grade window
Second Level
Living Room
Dimensions
4.47' × 7.04'
Features
hardwood floor, combined w/dining, w/o to deck
Dining Room
Dimensions
4.47' × 7.04'
Features
hardwood floor, combined w/kitchen
Kitchen
Dimensions
4.47' × 7.04'
Features
hardwood floor, stainless steel appl, eat-in kitchen
Bedroom
Dimensions
4.25' × 3.59'
Features
hardwood floor, b/i closet, bay window
Pantry
Dimensions
2.35' × 1.01'
Features
Main Level
Dining Room
Dimensions
4.42' × 6.99'
Features
hardwood floor, combined w/kitchen, open concept
Living Room
Dimensions
4.42' × 6.99'
Features
hardwood floor, combined w/dining, w/o to patio
Bedroom
Dimensions
2.17' × 4.89'
Features
hardwood floor, b/i closet, window
Kitchen
Dimensions
4.42' × 6.99'
Features
hardwood floor, stainless steel appl, eat-in kitchen
Third Level
Bedroom
Dimensions
2.39' × 2.88'
Features
hardwood floor, closet
Bedroom
Dimensions
3.24' × 3.29'
Features
hardwood floor, window
All Rooms
Living Room
Dimensions
4.47' × 7.04'
Features
hardwood floor, combined w/dining, w/o to deck
Living Room
Dimensions
3.87' × 6.16'
Features
hardwood floor, combined w/dining, above grade window
Living Room
Dimensions
4.42' × 6.99'
Features
hardwood floor, combined w/dining, w/o to patio
Dining Room
Dimensions
4.42' × 6.99'
Features
hardwood floor, combined w/kitchen, open concept
Dining Room
Dimensions
3.87' × 6.16'
Features
hardwood floor, combined w/kitchen, above grade window
Dining Room
Dimensions
4.47' × 7.04'
Features
hardwood floor, combined w/kitchen
Kitchen
Dimensions
3.87' × 6.16'
Features
hardwood floor, stainless steel appl, centre island
Kitchen
Dimensions
4.47' × 7.04'
Features
hardwood floor, stainless steel appl, eat-in kitchen
Kitchen
Dimensions
4.42' × 6.99'
Features
hardwood floor, stainless steel appl, eat-in kitchen
Bedroom
Dimensions
2.39' × 2.88'
Features
hardwood floor, closet
Bedroom
Dimensions
3.23' × 3.62'
Features
hardwood floor, closet, above grade window
Bedroom
Dimensions
2.17' × 4.89'
Features
hardwood floor, b/i closet, window
Bedroom
Dimensions
4.25' × 3.59'
Features
hardwood floor, b/i closet, bay window
Bedroom
Dimensions
3.24' × 3.29'
Features
hardwood floor, window
Pantry
Dimensions
2.35' × 1.01'
Features
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$8,851 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,700,000
Total Interest Payments
$1,048,154
Total Payment (Principal + Interest)
$2,748,154
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Meet Ken Matsumoto
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
