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55 Thirty Eighth Street, Toronto, ON M8W 3M2

Toronto W06, ON, M8W 3M2 · Long Branch

Sq Ft
8 Parking
Investment Type
W13093490 MLS#

About this property

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.

Features & Amenities

  • Garage: Covered
  • Cooling: No
  • Heat Type: Radiant

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage Covered
Parking Spaces 8
Heat Type Radiant
Cooling No
Annual Tax $8,393
Tax Year 2025

Building & Construction

Building Area Total
3168

Heating & Cooling

Heat Type
Radiant
Cooling
No

Parking & Garage

Garage Type
Covered
Parking Spaces
8

Lot & Land

Lot Size Units
Feet
Lot Depth
136.50
Lot Width
50.00

Financial & Tax

Tax Annual Amount
$8,393
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
LAKESHORE BLVD AND THIRTY EIGHTH STREET
Directions
LAKESHORE BLVD AND THIRTY EIGHTH STREET
Showing Requirements
List Salesperson

Location

55 Thirty Eighth Street, Toronto, ON M8W 3M2, Toronto W06, ON, M8W 3M2

Listing courtesy of STONECASTLE REALTY GROUP INC.
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