$2,250,000
24.15 BTC
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55 Thirty Eighth Street, Toronto
$2,250,000
PRICE
7
BEDROOMS
5
BATHROOMS
W13091906
MLSID

55 Thirty Eighth Street, Toronto

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.
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Sold History

SOLD
23 December 2023
$1,950,000
SOLD
15 October 2004
$535,000

Summary

Address
55 Thirty Eighth Street
Community
MLSID
W13091906
Property Type
Fourplex
Property Category
Bedrooms
7
Bathrooms
5
Kitchens
5
Taxes (Annual)
$8,393.00
Tax Year
2025
Published
May 6, 2026
Days on Market
18 Days
Possession Type
Flexible
Possession Details
Tbd
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Inclusions

All kitchen appliances, 4 hardwired security cameras (hardware only) 3 exterior and 1 interior, all interior and exterior lighting (not owned by tenants), any window coverings (not owned by tenants)

Exclusions

All tenant belongings

Details

Bathroom 1
3-Piece Second Level
Bathroom 2
3-Piece Second Level
Bathroom 3
3-Piece Ground Level
Bathroom 4
3-Piece Basement Level
Bathroom 5
3-Piece Basement Level
Basement
Apartment, Finished, Separate Entrance
Interior Features
Separate Hydro Meter
Parking Spaces
4
Parking Total
8
Parking Features
Private, Available
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
50 Feet
Lot Depth
136 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with STONECASTLE REALTY GROUP INC.
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