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55 Thirty Eighth Street, Toronto, ON M8W3M2

$2,188,0007Beds 5Baths 3,000Sqft Long Branch

Property Overview

  • Row / Townhouse Home Type
  • Fourplex Building Type
  • 6825 Sqft Lot Size
  • Long BranchCommunity
  • 7 Beds
  • 5 Full Baths
  • Air Conditioning (Wall Unit(s)) Cooling
  • 0 Half Baths
  • 8 Parking Space(s)
  • Property Taxes
  • 47 days Days on Market
  • W13556668 MLS® #
  • $729 Price / Sqft
  • Two Storey Style
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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.

Interior Details

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See Home Description
Air Conditioning (Wall Unit(s))
0
None
Part

Exterior Details

Brick
2
See Home Description
Asphalt Shingles
Concrete

More Information

Property

None
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Parking

Yes
8
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 3:06:46 PM UTC.