Gurvinder Nokwal REALTOR®
For Sale Fourplex 37 days on market

$2,150,000

Est. payment $9,520/moCalculate yours

55 Thirty Eighth Street, Toronto, ON M8W 3M2

Long Branch, Etobicoke, ON M8W 3M2

  • 7 Beds
  • 5 Baths
  • 4 Garage
  • 3,000 Sq Ft

Listing courtesy of STONECASTLE REALTY GROUP INC. MLS® W13780002

About this home

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.

Property details

Overview

Property Type
Fourplex
Style
2-Storey
For
For Sale
Status
New
Size
3,000 sqft

Interior

Bedrooms
7
Bathrooms
5
Kitchens
5
Basement
Apartment, Finished with Walk-Out

Building & Systems

Heating
Radiant (Gas)
Cooling
None
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
50 x 136.5 Feet
Parking
Detached garage · 8 total
Zoning
RD(f12;a370;d0.35)

Financial

Property Taxes
$8,393 (2026)

Location

Neighbourhood
Long Branch
Cross Street
Lakeshore Blvd W and Thirty Eighth Street
Direction Faces
East

Listing

MLS® Number
W13780002
Days on Market
37
Listed On
2026-09-11
Possession
TBD
Listed By
STONECASTLE REALTY GROUP INC.

Features

Interior

  • Separate Hydro Meter

Pool

  • None
Included
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
Excluded
Tenant belongings
Rental items
Coinamatic washer and dryer

Mortgage calculator

Minimum for this price: $430,000 (20%)

Amortization, years

Estimated mortgage payment

$9,520 per month

Principal and interest
$9,520
Property tax
$699
Estimated monthly cost
$10,219

Your mortgage

Mortgage amount
$1,720,000
Mortgage insurance
Not needed
Interest over 25 years
$1,135,920

Cash to close

Down payment
$430,000
Land transfer tax (Ontario + Toronto)
$80,450
Total, before legal fees
$510,450
Talk to me about financing

Estimates 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

55 Thirty Eighth Street, Toronto, ON M8W 3M2 Long Branch, Etobicoke, ON M8W 3M2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,150,000 55 Thirty Eighth Street, Toronto, ON M8W 3M2
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