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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$2,150,000
Available - For Sale
Listing ID: W13780184
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.
Price $2,150,000
Taxes: $8,393
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 55 Thirty Eighth Street , Toronto, M8W 3M2, Toronto
Postal Code: M8W 3M2
Province/State: Toronto
Legal Description: LT 137, PL 2155 ; ETOBICOKE , CITY OF TO
Directions/Cross Streets: Lakeshore Blvd W and Thirty Eighth Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,168
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Radiant
Central Air Conditioning: No
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
STONECASTLE REALTY GROUP INC.

55 Thirty Eighth Street , Toronto, M8W 3M2, Toronto

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Long Branch
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Lot Size: x 136.50(Feet)
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Tax: $8,393
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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