55, Thirty Eighth, Long Branch, Toronto, Residential Freehold

MLS® Number W13780002
For Sale   $ 2,150,000
  • 7 beds | 
  • 5 baths | 
  • 3000-3500 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Fourplex For Sale.

TURNKEY MULTIPLEX INVESTMENT IN THE HEART OF LONG BRANCH! An exceptional opportunity to acquire a rare five-unit 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.

Interior Features: Separate Hydro Meter

Cross Street: Lakeshore Blvd W and Thirty Eighth Street

Direction Faces: East

Key Facts

  • Days on: 0 days
  • Mls Status: New
  • Bedrooms Total: 7
  • Bedrooms Above Grade: 7
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 5
  • Lot Width: 50.00
  • Kitchens Total: 5
  • Parking Total: 8
  • Parking Spaces: 4
  • Garage Type: Detached
  • Heat Source: Gas
  • Heat Type: Radiant
  • Cooling: None
  • Living Area Range: 3000-3500 Square Feet

Location 55, Thirty Eighth, Long Branch, Toronto

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Kate Naccarato
Sales Representative 416-779-6085