55 Thirty Eighth Street, Toronto
1 / 13
For Sale
$2,075,000
0 bd · 0 ba

55 Thirty Eighth Street, Toronto M8W 3M2

MLS®# W13780184

Est. mortgage
$7,872/mo
Property taxes $8,393/yr

About This Home

Property Type
Commercial, Investment
Parking
Double Detached
MLS #
W13780184
Listed on
2026-09-11
Lot size
50 x 136.5
Tax
$8,393 /yr
Days on Market
62
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.

Property Details

Full Property Details

General

Business Type
Apts - 2 To 5 Units
Total Area
3168.00 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-

Interior

Washrooms
0
Heating Fuel
Radiant
Air Conditioning
No

Exterior

Depth
136.5
Front
50.0
Lot Size
50 x 136.5 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Double Detached
Garage Spaces
-
Zoning
RD(f12;a370;d0.35)

Building Description

Home Type
Commercial
Subtype
Investment
Water Supply
Municipal
Possession Date
No Data

Community

Community
Long Branch

Taxes & Fees

Taxes
$8,393 /yr
Tax Year
2026
Occupancy
Tenant

Other

Virtual Tour Link
Mark Barbosa
Mark Barbosa
Century 21 In-Studio Realty Inc., Brokerage
Listed by CORA RUSCICA, Salesperson
58 days on site
Listing Broker
STONECASTLE REALTY GROUP INC.
Courtesy
STONECASTLE REALTY GROUP INC.
Listed Date
9/11/2026

Courtesy of PropTx MLS® / STONECASTLE REALTY GROUP INC.

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