55 Thirty Eighth Street Toronto, ON M8W 3M2
Listing Courtesy of: PropTX - IDX / Listed By: Stonecastle Realty Group Inc.

  55 Thirty Eighth Street Toronto, ON M8W 3M2

Active
$2,188,000 (CAD)
7
BED
5
BATH
3000-3500
SQFT

Description

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.

MLS®:
W13556668
Taxes
$8,393(2025)
Type
Multifamily
Style
2-Storey
County
Toronto
Community
Long Branch

Listed By

Stonecastle Realty Group Inc.
Source
PropTX - IDX
Last checked Aug 28 2026 at 2:36 PM EDT
Bathroom Details
Interior Features
  • Separate Hydro Meter
Property Features
  • Foundation: Concrete Block
Heating and Cooling
  • Radiant
  • None
  • Window Unit(s)
Basement Information
  • Finished
  • Apartment
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Detached
Parking
  • Private
  • Available
Stories
  • 2
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 07:36