55 Thirty Eighth Street, Toronto, ONM8W 3M2
Monthly Cost
Property Information
Listing History
Shows activity for this MLS® listing. Prior listings and sold records appear when available.
Description
An exceptional multiplex opportunity in the highly sought-after Long Branch community of Etobicoke, just steps from Marie Curtis Park and the shores of Lake Ontario. This well-maintained property, on a 50' x 137' lot, features five spacious units, including four one-bedroom apartments and one expansive three-bedroom suite. All four one-bedroom units are tenanted at market rents, offering immediate, stable income. The impressive three-bedroom unit-approximately 1,500 sq ft-is currently vacant, providing flexibility for owner occupancy or the opportunity for a new buyer to lease at top market value. The building offers separately metered hydro for four of the five units, helping streamline expenses and management. Each unit has been beautifully renovated with generous layouts that appeal to quality tenants. Additional income potential comes on site laundry in the lower level and from a detached four-car garage, ideal for indoor parking rentals, along with four exterior parking spaces-eight in total. Located in a prime lakeside neighbourhood with strong rental demand, this is a turnkey investment with upside potential and long-term value.
Location
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Compare schools & catchments →About Long Branch
View Long Branch on Market →Who lives here
A snapshot of this home’s immediate area — the census dissemination area it sits in.
- 64%
- Homeowners
- 64%
- Households with kids
- $95,000
- Median income
- 46
- Median age
- 2.2
- Avg. household size
- 40%
- University degree
- 25%
- Newcomers (immigrants)
StatCan 2021 Census · this home’s dissemination area (DA 35201577). Values are randomly rounded by Statistics Canada for privacy.
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Show data source & legal disclosures
Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.
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