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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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55 Thirty Eighth Street Toronto W06
For SalePrice DropLong Branch

55 Thirty Eighth Street Toronto W06, Investment for Sale

MLS® W13780184

Long Branch, Toronto, ON

57 days on market
$2,075,000
Previously $2,150,000
Show on Map
Show on Map
N/ABeds
N/ABaths
3,168Sqft
N/AParking
Investment

Overview· 55 Thirty Eighth Street Toronto

MLS® #W13780184

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.

Inclusions

Hot water tanks (owned), All kitchen appliances, All interior and exterior lighting (not owned by tenants), Window coverings if not belonging to tenants, 4 hardwired security cameras (hardware only) 3 exterior and 1 interior

Exclusions

Tenant belongings

Broker

STONECASTLE REALTY GROUP INC.

Neighbourhood

Long Branch

Walk 83Avg $1.48MArea guide

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Walk Score®87Very WalkableVery Walkable
Transit Score®71Excellent TransitExcellent Transit
Bike Score®71Very BikeableVery Bikeable
Schools10012 schools within 1.5 km12 schools within 1.5 km
Parks10064 parks within 1 km64 parks within 1 km
Convenience10038 groceries, cafes and pharmacies within 1 km38 groceries, cafes and pharmacies within 1 km
Safety69Safer than 69% of Toronto neighbourhoods (2025)Long Branch: 1,156 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 55 Thirty Eighth Street Toronto

Source: MLS® listing data
55 Thirty Eighth Street Toronto

Investment

55 Thirty Eighth Street Toronto

Long Branch

Type

Investment

Parking

Double Detached

Property Tax

~$8,393/yr

Heating

Radiant

Buying Essentials

Square Feet

3168 sqft

Parking

Double Detached

Finances

List Price

$2,075,000

Price per SQFT

$655/sqft

Property Tax

~$8,393/yr

Property Specs

Property Type

Investment

MLS Size

3168 sqft

Living & Amenities

Heating Type

Radiant

Policies & Utilities

Neighbourhood

Long Branch

Listed On

Sep 11, 2026

Price & Listing History

Days on Market

Current: 57 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 55 Thirty Eighth Street Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$8,346/mo
Property Tax$699/mo
Total Monthly$9,045

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0