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For sale · MLS® W13780184

55 Thirty Eighth Street, Toronto, ON M8W 3M2

Toronto, ON M8W 3M2

$2,075,000Asking price
— Bedrooms— Bathrooms3168 Reported areaInvestment Type

About this property

TURNKEY MULTIPLEX INVESTMENT IN THE HEART OF LONG BRANCH! An exceptional opportunity to acquire a rare five units, legal fourplex + 1 non confirming, multiplex in one of Etobicoke's most sought-after lakeside communities. Situated on an impressive 50' x 137' lot, just steps from Marie Curtis Park and Lake Ontario, this property offers the combination investors look for: strong in-place income, substantial parking, renovated units, and meaningful potential. The property features five generously sized apartments. four x1 bed suites and one x3 bedroom residence of approximately 1,500 sq. ft. The four one-bedroom units are currently tenanted at market rents, providing immediate, stable cash flow, while the three-bedroom suite is vacant and rent ready or can accommodate an owner-occupier. On-site laundry, a detached four-car garage, and additional exterior parking spaces provide multiple opportunities to generate additional revenue. Located in the heart of Long Branch, surrounded by parks, transit, the lakefront, shops, and established neighbourhood amenities, this property is positioned in a community with strong rental demand and long-term fundamentals.

Property facts & features

Property type
Investment
MLS® number
W13780184
Source status
Price Change
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
3168
Neighbourhood
Not provided
Postal code
M8W 3M2
Garage
Double Detached
Lot depth (source units)
136.5
Annual property tax
8393
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

Price Change · $2,075,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: STONECASTLE REALTY GROUP INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® W13780184. Information deemed reliable but not guaranteed.

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