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Key Facts
Key facts for 55 Thirty Eighth Street
Property Type
Commercial
Parking
Double Detached
MLS #
W13780184
Size
-
Basement
-
Listed on
2026-09-11
Lot size
50 x 136.5
Tax
$8,393 /yr
Days on Market
41
Approximate Age
-
Maintenance Fee
-
Description
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 a...nd 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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