55 Thirty Eighth ST, Toronto W06, ON M8W 3M2
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55 Thirty Eighth ST, Toronto W06, ON M8W 3M2
55 Thirty Eighth ST, Toronto W06, ON M8W 3M2
55 Thirty Eighth ST, Toronto W06, ON M8W 3M2
55 Thirty Eighth ST, Toronto W06, ON M8W 3M2
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Jay Barwell

Jay Barwell

+1(647) 998-1913
$ 2,250,000
Est. payment /mo
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55 Thirty Eighth ST Toronto W06, ON M8W 3M2

7 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Municipality Toronto W06

Subdivision Long Branch

MLS Listing ID W13091906

Style 2-Storey

Bedrooms 7

Annual Tax Amount $8,393

Tax Year 2025

Property Sub-Type Fourplex

Property 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.

Location

Province ON

County Toronto

Community Toronto W06

Area Toronto

Rooms

Family Room Yes

Basement Apartment, Finished, Separate Entrance

Kitchen 5

Interior

Interior Features Separate Hydro Meter

Cooling None, Window Unit(s)

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private, Available

Garage Spaces 4.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 136.5

Total Parking Spaces 8

Building

Foundation Concrete Block

Others

ParcelsYN No

Virtual Tour https://listings.stallonemedia.com/sites/ewnbozpn/unbranded

Listed by STONECASTLE REALTY GROUP INC.
Jay Barwell

Jay Barwell

Sales Representative

+1(647) 998-1913

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55 Thirty Eighth ST