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    For Sale - 55 Thirty Eighth Street, Toronto, Ontario

    Est payment $10,324/mo
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    Views   1
    Time on Jump  24 day

    AI Summary *

    • Turnkey multiplex investment with five rental units in a prime location.
    • Generously sized apartments including four one-bedrooms and one three-bedroom suite.
    • Strong in-place income with current market rents for the one-bedroom units.
    • On-site laundry and a detached four-car garage for extra revenue opportunities.
    • Great community with parks, transit, and amenities nearby for high rental demand.




    Turnkey multiplex investment in the heart of long branch! An exceptional opportunity to acquire a rare 5 units, fourplex + one non conforming, 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.
    Listing IDW13780002
    Address55 Thirty Eighth Street
    CityToronto, Ontario
    Price$2,150,000
    Bed / Bath7 / 5 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement Apartment, Finished with Walk-OutFoundation Concrete BlockHeating / Cooling RadiantHeating Fuel GasSewer Sewer

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    Listing Brokerage: 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 $2,150,000
    Get more info