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Key Facts
Key facts for 55 Thirty Eighth Street
Property Type
Apartment, 2-Storey
Parking
Detached 4 garage, 8 parking
MLS #
W13556668
Size
3000-3500 sqft
Basement
Apartment,Finished,Separate Entrance
Listed on
2026-07-13
Lot size
50 x 136.5
Tax
$8,393 /yr
Days on Market
102
Approximate Age
-
Maintenance Fee
-
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 expans...ive 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.
