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$2,150,000

55 Thirty Eighth St

Toronto W06, ON M8W 3M2

55 Thirty Eighth St, Toronto W06Listed at $2,150,000 Investment. MLS® W13780184.

New this week

Possession · seller's timeline

Flexible

Apts - 2 To 5 Units
Investment
$8,393Taxes/yr · 2026

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 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

Property TypeInvestment
CommunityLong Branch
Lot Dimensions50 × 136.5 ft
Dir/Cross StLakeshore Blvd W and Thirty Eighth Street
Garage TypeDouble Detached
Heating TypeRadiant
A/CNo
Taxes (2026)$8,393
HSTIn Addition To
Listed Date9/14/2026
Days on Market7 days
PossessionTBD

Business Details

Property Sub-TypeInvestment
Business TypeApts - 2 To 5 Units
Property UseApartment
Occupant TypeTenant
Showing RequirementsGo Direct, List Brokerage
Possession TypeFlexible
Listing Expires1/15/2027

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Property Insights

Listing Courtesy of: STONECASTLE REALTY GROUP INC.

MLS® #W13780184

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Investment 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.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →