NewFor Sale

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

Investment
TRREB
MLS® Number: W13556972
$2,188,000List Price
InvestmentProperty Type
3,168 sq ftSize
$8,393 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 55 Thirty Eighth Street, Toronto, ON M8W 3M2

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Description

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

No features available

Amenities

No amenities available

Summary

Tax (Annual):$8,393 / 2025
Listing #:W13556972
Property Type:Investment
Size:3,168 sq ft
Land Size:50 x 136.5
Days on CPRB:
Garage:Covered
Locker:None
On CPRB Since:
Listing Brokerage:STONECASTLE REALTY GROUP INC.

Rooms

Details

Property

Property Type:Investment
Community:Long Branch
Municipality:Toronto

Building

Size:3,168 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Covered
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Radiant

Land

Cross Street:LAKESHORE BLVD AND THIRTY EIGHTH STREET

$2,188,000

List price

55 Thirty Eighth Street, Toronto W06 – Investment for sale · MLS® # W13556972