55 Thirty Eighth Street, Toronto, ON M8W 3M2
Toronto W06, ON, M8W 3M2 · Long Branch
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
- Basement: Apartment, Finished, Separate Entrance
- Garage: Detached
- Cooling: None, Window Unit(s)
- Heat Type: Radiant
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 5 |
| Basement | Apartment, Finished, Separate Entrance |
| Garage | Detached |
| Parking Spaces | 4 |
| Heat Type | Radiant |
| Heat Source | Gas |
| Cooling | None, Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $8,393 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Hydro Meter
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Apartment, Finished, Separate Entrance
Heating & Cooling
- Heat Type
- Radiant
- Heat Source
- Gas
- Cooling
- None, Window Unit(s)
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 4
- Parking Total
- 8.00
- Parking Features
- Private, Available
- Covered Spaces
- 4
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
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 7
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- Lakeshore Blvd and Thirty Eighth Street
- Directions
- Lakeshore Blvd and Thirty Eighth Street
- Special Designation
- Unknown
- Showing Requirements
- List Salesperson
Location
55 Thirty Eighth Street, Toronto, ON M8W 3M2, Toronto W06, ON, M8W 3M2