$2,497,500
203 Fern Avenue, Toronto, ON M6R 1K5
High Park-Swansea · W01
Listing courtesy of CONDOS AND CASTLES REALTY INC.
High Park-Swansea · W01 · M6R 1J1
$2,125,000
$1,417 / sq ft1 weeks on market
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.
15 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 4.42 × 6.99 m14.5 × 22.9 ft | Hardwood Floor · Combined w/Dining · W/O To Patio |
| Dining Room | Main | 4.42 × 6.99 m14.5 × 22.9 ft | Hardwood Floor · Combined w/Kitchen · Open Concept |
| Kitchen | Main | 4.42 × 6.99 m14.5 × 22.9 ft | Hardwood Floor · Stainless Steel Appl · Eat-in Kitchen |
| Bedroom | Main | 2.17 × 4.89 m7.1 × 16.0 ft | Hardwood Floor · B/I Closet · Window |
| Living Room | Second | 4.47 × 7.04 m14.7 × 23.1 ft | Hardwood Floor · Combined w/Dining · W/O To Deck |
| Dining Room | Second | 4.47 × 7.04 m14.7 × 23.1 ft | Hardwood Floor · Combined w/Kitchen |
| Kitchen | Second | 4.47 × 7.04 m14.7 × 23.1 ft | Hardwood Floor · Stainless Steel Appl · Eat-in Kitchen |
| Bedroom | Second | 4.25 × 3.59 m13.9 × 11.8 ft | Hardwood Floor · B/I Closet · Bay Window |
| Pantry | Second | 2.35 × 1.01 m7.7 × 3.3 ft | — |
| Bedroom | Third | 2.39 × 2.88 m7.8 × 9.4 ft | Hardwood Floor · Closet |
| Bedroom | Third | 3.24 × 3.29 m10.6 × 10.8 ft | Hardwood Floor · Window |
| Living Room | Lower | 3.87 × 6.16 m12.7 × 20.2 ft | Hardwood Floor · Combined w/Dining · Above Grade Window |
| Dining Room | Lower | 3.87 × 6.16 m12.7 × 20.2 ft | Hardwood Floor · Combined w/Kitchen · Above Grade Window |
| Kitchen | Lower | 3.87 × 6.16 m12.7 × 20.2 ft | Hardwood Floor · Stainless Steel Appl · Centre Island |
| Bedroom | Lower | 3.23 × 3.62 m10.6 × 11.9 ft | Hardwood Floor · Closet · Above Grade Window |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 71% of comparable multiplex listings in Toronto are asking less.
Based on 95 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,125,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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Listing courtesy of CONDOS AND CASTLES REALTY INC.
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