$2,075,000
55 Thirty Eighth St
Toronto W06, ON M8W 3M2
55 Thirty Eighth St, Toronto W06 — Listed at $2,075,000. 7 bedroom, 5 bathroom 2-Storey Fourplex. MLS® W13780002.
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Description
TURNKEY MULTIPLEX INVESTMENT IN THE HEART OF LONG BRANCH! An exceptional opportunity to acquire a rare 5 units, fourplex + one non conforming, 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
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Listing Courtesy of: STONECASTLE REALTY GROUP INC.
MLS® #W13780002
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HouseIndex Take: 55 Thirty Eighth Street
This fourplex (2-Storey) is located in the Long Branch neighbourhood of Toronto.
The home offers 7 bedrooms, 5 bathrooms.
Features include a apartment, finished with walk-out basement, 8 parking spaces including a 4-car garage, a fireplace.
Additional details: lot dimensions of 50 × 136.5 feet.
Listed at $2,075,000 CAD with annual property taxes of $8,393 (2026).
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About Toronto Real Estate
This Fourplex is located in the Long Branch community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.