55 Thirty Eighth St

Toronto, ON M8W 3M2
  • $2,150,000

    Price
  • 7

    Bed
  • 5

    Bath
  • 3,000

    SqFt
  • 0.16

    Acre

About the Listing 161900 -

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.

Listing Highlights for 55 Thirty Eighth St

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® W13780002
Year Built
Total Square Footage 3,000
Lot/Acreage 0.16
County Toronto
Neighborhood Long Branch

Interior Details

  • Bedrooms: 7
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond:
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Basement: Apartment,Finished with Walk-Out
  • Other: Separate Hydro Meter,5 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: 4 car
  • Roof: Asphalt Shingle
  • Others:
  • Sewer: Sewer
  • Parking Features: Detached,Has Garage

Financial Details

  • Tax Amount: $8,393
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 075790204
  • Tax Year: 2026

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55 Thirty Eighth St Toronto, ON M8W 3M2

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Michael Sotoadeh

Real Estate Broker | Team Sold Today | Michael Sotoadeh | Harvey Kalles Real Estate Ltd., Brokerage

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