55 Thirty Eighth Street, Toronto MLS Number: W13093490
Long Branch, Toronto, ON, M8W 3M2$2,250,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $8393.0 (Tax Year:2025)
- Listing Courtesy : Stonecastle Realty Group Inc.
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$2,250,000
Status: For Sale
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :W13093490 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :29 May, 2026 (22 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M8W 3M2
|
| Price | : $2,250,000 |
|---|---|
| Property Taxes | :$8393.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Radiant |
| Cross Street | :LAKESHORE BLVD AND THIRTY EIGHTH STREET |
| Fireplace/Stove | :No |
|---|---|
| Virtual Tour | :Virtual Tour (External Link) |
06 May, 2026
TREB #W13091906
Listed
$2250000.0
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