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$2,250,000Asking Price

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

Long Branch, Toronto

Fourplex
7
Bedrooms
5
Baths
8
Parking
Day on Market

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.

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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.

Key Info

  • 2-Storey Fourplex
  • 4+ Parking
  • Detached Garage
  • Lakeshore Blvd and Thirty Eighth Street
  • 3000-3500 Approximate Sq Feet
  • No Ensuite Laundry
  • Radiant Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $8,393 in 2025
  • Possession: TBD

Details

  • Brick Exterior
  • Fireplace
  • 5 Kitchens
  •  
  • MLS #W13091906
  • STONECASTLE REALTY GROUP INC.

Extras

Room Floor Dimensions Details
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom on Ground Floor
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Long Branch, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, business and science professionals, salespeople and tradespeople. It has a higher than average population of Polish speakers. Residents tend to be older with a significant number of adults aged 30 to 44, 30 to 44, 30 to 44 and 30 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

52% of residents are
single and loving it.

52% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

52% of residents
are renters.

52% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

39% of residents are
university grads.

39% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$106K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 12%
Trades 9%
Management 8%
Government 8%

Immigrants

35% of residents were
born outside of Canada.

35% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Poland was once home to 4.3% of immigrants.
Philippines 3.7%
Caribbean 3.1%
Ukraine 2.5%
UK 2.1%

4.3% from Poland
All-time

Birthplace - Recent

Philippines was once home to 0.9% of immigrants.
Poland 0.7%
Ukraine 0.5%
Cuba 0.5%
India 0.4%

0.9% from Philippines
Recent

Foreign Languages

Foreign Languages

Polish 5%
Tagalog 3%
Spanish 3%
Ukrainian 3%
French 2%

Religions

Religions

Christian 68%
Muslim 2%
Hindu 2%
Buddhist 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)