55 Thirty Eighth Street
Etobicoke (Long Branch), ON M8W 3M2
- 7Bedrooms
- 5Bathrooms
- 8Parking
- 3000–3500Sq Ft
- $8,393Tax
- 50×137 ftLot Size
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Sale & Price History for 55 Thirty Eighth Street, Etobicoke, Long Branch
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 55 Thirty Eighth Street, Etobicoke, Long Branch
Summarized Description
- Turnkey multiplex in sought-after Long Branch.
- Five-unit property with strong rental income.
- Renovated units ready for tenants.
- Detached four-car garage for extra revenue.
- Generously sized apartments with stable cash flow.
- Close to parks, transit, and Lake Ontario.
- Three-bedroom suite available for owner-occupier.
- Substantial parking and additional exterior spaces.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,393
- Land Transfer Tax Fee
- $80,450
Rental Items
- Rental Equipment
- Coinamatic washer and dryer
- Basement Type
- Apartment, Finished with Walk-Out
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Separate Hydro Meter
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 136.50 ft
Inclusions
- 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
- Exclusions
- Tenant belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 4
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 8
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 7
- Washrooms
- 5
- Kitchens
- 5
- Family / bonus room
- Yes
Washrooms
- 3-piece, Second
- 3-piece, Main
- 3-piece, Basement
- Municipality
- Etobicoke
- Neighbourhood
- Long Branch
- Main cross streets
- Lakeshore Blvd W and Thirty Eighth Street
- Zoning
- RD(f12;a370;d0.35)
- Directions
- South of Lakeshore, east side of Thirty Eighth Street
- MLS® number
- W13780002
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-11
- Updated on
- 2026-09-21
- Days on market
- 37 days
- Possession type
- Flexible
- Co-op commission
- 2.5% - $250 Marketing Fee
- Seller
- Listed by
- STONECASTLE REALTY GROUP INC.
Home Market Value
Current home valuation for 55 Thirty Eighth Street, Etobicoke, Long Branch, Etobicoke, ON. Listed for $2,150,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 55 Thirty Eighth Street, Etobicoke, Long Branch
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$430,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,720,000 | $1,612,500 | $1,505,000 | $1,397,500 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $8,398monthly | $7,873monthly | $7,348monthly | $6,823monthly |
Land Transfer Tax
$40,225
$40,225
$80,450
Around this home
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