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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 units in a sought-after lakeside area.
    • Generous lot size of 50' x 137' with substantial parking available.
    • Four one-bedroom units provide steady rental income and cash flow.
    • Vacant three-bedroom suite ready for move-in or new tenants.
    • Close to parks, transit, shops, and the lakefront for convenience.




    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.
    Listing IDW13780184
    Address55 Thirty Eighth Street
    CityToronto, Ontario
    Price$2,150,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Radiant

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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
    $2,150,000
    Get more info