55 Thirty Eighth Street, Toronto, Ontario, Canada, M8W3M2

2,150,000
for Sale

About the property:

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.

Extra info:

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
Investment false
Property Type:
Investment
Status:
for Sale
Land Size:
50 x 136.5 FT
Business Type:
Apts - 2 To 5 Units
Heating Type:
Radiant
Cross Street:
Lakeshore Blvd W and Thirty Ei
Annual Property Taxes:
8,393
Listing ID:
W13780184

Rooms

Dimensions

Brokered by:
Stonecastle Realty Group Inc.
Source: TRREB/PROPTX
Presented By:

AMIT TALREJA

Sales Representative

RE/MAX All-Stars Realty Inc., Brokerage *