31 Long Branch Avenue More Photos

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    For Sale - 31 Long Branch Avenue, Toronto, Ontario

    Est payment $6,233/mo
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    Time on Jump  19 day

    AI Summary *

    • Turn-key triplex in the sought-after Village by the Lake area.
    • Generates $6,300/month with a strong annual net operating income.
    • Three self-contained units, including two 2-bedrooms and one 1-bedroom.
    • Recently renovated main floor and basement units with upgraded systems.
    • Steps from shops, parks, and transit options for easy commuting.




    Turn-key multi-family asset in the heart of long branch, toronto's highly coveted "village by the lake", south etobicoke's fastest appreciating pockets! Semi-detached triplex on a premium 25 x 146. 5 ft deep lot generating $6,300/mo gross income with a solid $59,228 annual noi. Expenses average $1,365/mo including property tax, all utilities, insurance, and internet/cable. This low-maintenance income property features three bright and spacious self-contained units, two 2-bedroom units and one 1-bedroom unit, with parking at rear. Meticulously maintained with over $156k in capital improvements over the past 8 years, makes this an incredibly rare, worry-free addition to any portfolio. Main floor and basement units were completely renovated (2021). Brand new foundation waterproofing, weeping tiles, and sump pump system installed with transferable peace-of-mind ($20k, 2026). Upgraded mechanics include a tankless water heater (2024), high-efficiency boiler (2019), newer windows. Rear yard new asphalt parking area (2018) and a large 8' x 10' storage shed (2022). Ideal lakeside location just steps to lake shore boulevard shops, cafes, restaurants, marie curtis park, sandy beach, picnic area, connections to the waterfront trail and etobicoke creek trail. Unbeatable tenant transit access, walk to long branch go station and ttc streetcar loop, bus routes, offering quick commute downtown. Stable cash flow, premium finishes, and major capital expenditures already paid for!
    Listing IDW13757942
    Address31 Long Branch Avenue
    CityToronto, Ontario
    Price$1,298,000
    Bed / Bath5 / 3 Full
    Style2-Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features OtherAmenities Lake/Pond, Rec./Commun.Centre, Public Transit, Park, SchoolOwnership FreeholdBasement Apartment, Separate EntranceFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Brokerage: RE/MAX PROFESSIONALS INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    31 Long Branch Avenue
    Toronto , Ontario
    5 3 $1,298,000
    Get more info