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$2,150,000
Available - For Sale
Listing ID: W13780002
TURNKEY MULTIPLEX INVESTMENT IN THE HEART OF LONG BRANCH! An exceptional opportunity to acquire a rare 5 units, fourplex + one non conforming, 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.
Price $2,150,000
Taxes: $8,393
Assessment Year: 2025
Occupancy by: Tenant
Address: 55 Thirty Eighth Street , Toronto, M8W 3M2, Toronto
Directions/Cross Streets: Lakeshore Blvd W and Thirty Eighth Street
Rooms: 12
Bedrooms: 7
Bedrooms +: 0
Washrooms: 5
Family Room: T
Basement: Apartment
Finished wit
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  3 Main
Washroom 3:  3 Basement
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Second
Washroom 7:  3 Main
Washroom 8:  3 Basement
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Second
Washroom 12:  3 Main
Washroom 13:  3 Basement
Washroom 14:  0
Washroom 15:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 3000-3500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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STONECASTLE REALTY GROUP INC.

55 Thirty Eighth Street , Toronto, M8W 3M2, Toronto


 
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Type: Freehold - Fourplex
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Long Branch
Style: 2-Storey
Lot Size: x 136.50(Feet)
Approximate Age:
Tax: $8,393
Maintenance Fee: $0
Beds: 7
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854

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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com



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