55 Thirty Eighth Street, Toronto, ON M8W 3M2, Toronto W06, ON
Bed 7
Bath 5
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.
Property Highlights
For Sale
MLS NO.
W13091906
Type
Residential Freehold
Sub Type
Fourplex
Bedrooms
7
Bathrooms
5
Parking
8.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Fourplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
W13091906
Living Area Range
3000-3500
Total Bedrooms
7
Bedrooms Above Grade
7
Total Bathrooms
5
Total Kitchens
5
Kitchens Above Grade
5
Rooms Above Grade
12
Interior Features
Separate Hydro Meter
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
50.0
Parking Features
Private, Available
Parking Total
8.0
Covered Spaces
4.0
Garage Type
Detached
Garage
Yes
Pool
None
Direction Facing
East
Cooling
None, Window Unit(s)
Heat Source
Gas
Heat Type
Radiant
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
55 Thirty Eighth Street, Toronto, ON M8W 3M2
City
Toronto W06
Neighbourhood
Long Branch
County / Region
Toronto
Province / State
ON
Postal Code
M8W 3M2
Cross Street
Lakeshore Blvd and Thirty Eighth Street
Directions
Lakeshore Blvd and Thirty Eighth Street
Country
CA
List Price
$2,250,000
Annual Taxes
$8,393
Tax Year
2025
Legal Description
LT 137, PL 2155 ; ETOBICOKE , CITY OF TORONTO
Possession Type
Flexible
Possession Details
TBD
Listing Office
STONECASTLE REALTY GROUP INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-06T18:30:11Z
Media Updated
2026-05-06T18:30:12Z
Photos Updated
2026-05-06T18:30:12Z
Last Modified
2026-07-13T15:30:46Z
System Modified
2026-07-27T22:04:45.153358Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Apartment, Finished, Separate Entrance
Ddfyn
Yes
Expiration Date
2026-09-09
Foundation Details
Concrete Block
Heat Source Multi
Gas
Heat Type Multi
Radiant
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
075790204
Parking Spaces
4
Public Remarks
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.