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$2,250,000
Available - For Sale
Listing ID: W13093490
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.
Price $2,250,000
Taxes: $8,393
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 55 Thirty Eighth Street , Toronto, M8W 3M2, Toronto
Postal Code: M8W 3M2
Province/State: Toronto
Legal Description: LT 137, PL 2155 ; ETOBICOKE , CITY OF TO
Directions/Cross Streets: LAKESHORE BLVD AND THIRTY EIGHTH STREET
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,168
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Radiant
Central Air Conditioning: No
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STONECASTLE REALTY GROUP INC.

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

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Long Branch
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Lot Size: x 136.50(Feet)
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Tax: $8,393
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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