Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3,168 sqft

$2,150,000

55 Thirty Eighth Street, Toronto, Toronto W06 ON, M8W 3M2

Price per sqftC$678.66
Property size3,168 sqft
Property typeCommercial

Overview

Active

New

Listed Sep 14, 2026

Updated 12 days ago

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 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.

Other Property Details

Taxes
$8,393
Tax Frequency
Annually

 

Courtesy of Listed by , STONECASTLE REALTY GROUP INC.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:29 AM UTC, 9/22/2026

 

Powered by Luxury Presence