$1,248,000
↓ $50,000 from $1,298,000
Est. payment $5,526/moCalculate yours
31 Long Branch Avenue, Toronto, ON M8W 3H8
Long Branch, Etobicoke, ON M8W 3H8
- 5 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of RE/MAX PROFESSIONALS INC. MLS® W13757942
About this home
A rare, low-maintenance income property with strong cash flow in the heart of Long Branch, one of South Etobicoke’s most desirable lakeside communities. This semi-detached Triplex sits on a premium 25 x 146.5 foot lot and generates $6,300/month in gross income with a solid $59,228 annual NOI. Monthly operating expenses average approximately $1,365, including property taxes, all utilities, insurance, and internet/cable. The property features three bright and spacious self-contained units: two 2-bedroom units and one 1-bedroom unit, with rear parking. The main-floor and basement units were completely renovated. Meticulously maintained, the property has benefited from over $156,000 in capital improvements over the past few years. Major recent upgrades include brand-new foundation waterproofing, weeping tiles, and sump pump system (2026), providing added peace of mind. Additional improvements include a tankless water heater (2024), high-efficiency boiler, newer windows, a newly asphalted rear parking area, and a large 8′ x 10′ storage shed. Ideally located just steps from the Lake, Lake Shore Boulevard’s shops, cafés, restaurants, Marie Curtis Park, the sandy beach, picnic areas, and connections to the Waterfront and Etobicoke Creek Trails. Excellent transit access with Long Branch GO Station, the TTC streetcar loop, and bus routes all within easy reach, providing convenient commuting to downtown Toronto.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Apartment, Separate Entrance
Building & Systems
- Heating
- Radiant (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 25 x 146.5 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $5,509 (2026)
Location
- Neighbourhood
- Long Branch
- Cross Street
- Long Branch Avenue/Lake Promenade
- Direction Faces
- East
Listing
- MLS® Number
- W13757942
- Days on Market
- 40
- Listed On
- 2026-09-08
- Possession
- 60 Days/TBA
- Listed By
- RE/MAX PROFESSIONALS INC.
Features
Interior
- Other
Property
- Lake/Pond
- Rec./Commun.Centre
- Public Transit
- Park
- School
Pool
- None
- Included
- All existing electric light fixtures, 3 refrigerators, 3 stoves, 2 built-in microwave ovens, 2 built-in dishwashers, washer, dryer, lawn mower, garden shed.
Mortgage calculator
Estimated mortgage payment
$5,526 per month
- Principal and interest
- $5,526
- Property tax
- $459
- Condo fees
- $0
- Estimated monthly cost
- $5,985
Your mortgage
- Mortgage amount
- $998,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $659,362
Cash to close
- Down payment
- $249,600
- Land transfer tax (Ontario + Toronto)
- $42,870
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $292,470
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.