Triplex for Sale: 31 Long Branch Avenue, Long Branch, Toronto
- 5 beds |
- 3 baths |
- 2000-2500 SQFT
Description
Residential Freehold Triplex For Sale.
A rare, low-maintenance income property with strong cash flow in the heart of Long Branch, one of South Etobicoke's most desirable lakeside communities. This semi-detached Triplex sits on a premium 25 x 146.5 foot lot and generates $6,300/month in gross income with a solid $59,228 annual NOI. Monthly operating expenses average approximately $1,365, including property taxes, all utilities, insurance, and internet/cable. The property features three bright and spacious self-contained units: two 2-bedroom units and one 1-bedroom unit, with rear parking. The main-floor and basement units were completely renovated. Meticulously maintained, the property has benefited from over $156,000 in capital improvements over the past few years. Major recent upgrades include brand-new foundation waterproofing, weeping tiles, and sump pump system (2026), providing added peace of mind. Additional improvements include a tankless water heater (2024), high-efficiency boiler, newer windows, a newly asphalted rear parking area, and a large 8' x 10' storage shed. Ideally located just steps from the Lake, Lake Shore Boulevard's shops, cafés, restaurants, Marie Curtis Park, the sandy beach, picnic areas, and connections to the Waterfront and Etobicoke Creek Trails. Excellent transit access with Long Branch GO Station, the TTC streetcar loop, and bus routes all within easy reach, providing convenient commuting to downtown Toronto.
Property Features: Lake/Pond, Rec./Commun.Centre, Public Transit, Park, School
Interior Features: Other
Cross Street: Long Branch Avenue/Lake Promenade
Direction Faces: East
Key Facts
- Days on: 28 days
- Mls Status: Price Change
- Bedrooms Total: 5
- Bedrooms Above Grade: 5
- Bathrooms Total Integer: 3
- Lot Width: 25.00
- Kitchens Total: 3
- Parking Total: 3
- Parking Spaces: 3
- Parking Features: Private
- Garage Type: None
- Heat Source: Gas
- Heat Type: Radiant
- Cooling: None
- Living Area Range: 2000-2500 Square Feet
Location 31, Long Branch, Long Branch, Toronto
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