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Multiplex

55 Thirty Eighth Street

Long Branch · Etobicoke, M8W 3M2

$2,075,000

Price changed since listing

Beds
7
Baths
5
Size
3,000-3,500 ft²
Type
Multiplex
Listed
42 days
MLS®
W13780002

About this home

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.
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Property details

MLS® number
W13780002
Property type
Fourplex
Style
2-Storey
Bedrooms
7
Bathrooms
5
Kitchens
5
Interior size
3,000-3,500 ft²
Lot
50 × 136.5 ft
Basement
Apartment, Finished with Walk-Out
Heating
Radiant, Gas
Parking
8 total, garage: detached
Fireplace
Yes
Exterior
Brick
Property taxes
$8,393 (2026)
Possession
TBD
Cross street
Lakeshore Blvd W and Thirty Eighth Street
Community
Long Branch
City
Etobicoke

Location

Long Branch · Etobicoke, near Lakeshore Blvd W and Thirty Eighth Street

55 Thirty Eighth Street, Etobicoke

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$9,188per month

$415,000 down · 4.5% · 25 years

Down payment

%
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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Etobicoke

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55 Thirty Eighth Street, Etobicoke | Multi-unit for sale