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    For Sale - 55 Thirty Eighth Street, Toronto, Ontario

    Est payment $10,804/mo
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    Views   2
    Time on Jump  48 day

    AI Summary *

    • Great multiplex opportunity in the popular Long Branch community.
    • Five spacious units, with four currently leased for stable income.
    • Vacant three-bedroom unit offers owner-occupancy or leasing potential.
    • Separately metered hydro streamlines management and expenses.
    • Additional income from onsite laundry and detached garage parking.




    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.
    Listing IDW13091906
    Address55 Thirty Eighth Street
    CityToronto, Ontario
    Price$2,250,000
    Bed / Bath7 / 5 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement Apartment, Finished, Separate EntranceFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 8.00
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    Listing Agency:  STONECASTLE REALTY GROUP 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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    55 Thirty Eighth Street
    Toronto , Ontario
    7 5 $2,250,000
    Get more info