For Sale MLS® W13780184

55 Thirty Eighth Street

Long Branch · Toronto W06 · ON · M8W 3M2

On market 51 days

3,168 Sqft
50 × 136.5 ft Lot
Other Type

About this property

TURNKEY MULTIPLEX INVESTMENT IN THE HEART OF LONG BRANCH! An exceptional opportunity to acquire a rare five units, legal fourplex + 1 non confirming, multiplex 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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Key facts

Type Investment
Lot 50 × 136.5 ft
Size 3,168 sqft
Taxes $8,393/2026
Utilities Available
Days on market 51
Neighbourhood Long Branch

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Open houses

No upcoming open houses.

Property details

Heating & cooling

Heat
Radiant
A/C
No

Mortgage calculator

$9,695/moMonthly payment
$1,660,000Mortgage amount
$1,248,358Total interest
$3,323,358Total cost

Location

Cross street: Lakeshore Blvd W and Thirty Eighth Street

Market Overview

Toronto W06

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MLS® W13780184 Brokerage STONECASTLE REALTY GROUP INC. Listed Sep 14, 2026 Updated Oct 21, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing 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.

Last updated: November 4, 2026.

$2,075,000
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