368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

55 Thirty Eighth Street, Toronto W06, ON M8W 3M2

$2,250,000 For Sale
  • Sale
  • Investment
  • 6 days ago
  • Updated: 2026-05-06

Property Overview

Property Type
Investment
Bedrooms
Bathrooms
0
Garage
Covered/8
Size
3168 Square Feet
Age
N/A
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.

Key Details

  • W13093490
  • Covered/8
  • $2,250,000
  • Tenant
  • Apts - 2 To 5 Units
  • 3168 Square Feet
  • 136.5 x 50 Feet
  • N/A SquareFeet
  • N/A
  • Investment
  • Sale

Additional Details

  • Radiant /
  • RD(f12;a370;d0.35)
  • $8393
  • 2025
  • LT 137, PL 2155 ; ETOBICOKE , CITY OF TORONTO
  • N/A
  • N
  • No
  • Municipal
Neighbourhood profile DA 35201577 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

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Homes by decade.

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before tax

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median

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Shelter cost burden (30%+ of income)

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Education (ages 25-64)

Population

Median age

Avg HH size

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labour force

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of employed

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stable jobs

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Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

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since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

What's near transit

Subway and bus stops within 1 km · 55 Thirty Eighth Street, Toronto W06, ON M8W 3M2

Lake Shore Blvd West at Thirty Seventh St
301Queen
198 m ~ 3 min walk
Lake Shore Blvd West at Thirty Seventh St
501Queen
198 m ~ 3 min walk
Lake Shore Blvd West at Thirty Seventh St
507Long Branch
198 m ~ 3 min walk
Lake Shore Blvd West at Thirty Seventh St
508Lake Shore
198 m ~ 3 min walk
Long Branch GO
LWLakeshore West
624 m ~ 8 min walk
Lake Shore Blvd West at Thirty Seventh St
110Islington South
198 m ~ 3 min walk
Brown's Line at Lake Shore Blvd West North Side
123Sherway
204 m ~ 3 min walk
Brown's Line at Lake Shore Blvd West North Side
315Evans-Brown's Line
204 m ~ 3 min walk

Neighbourhood Profile

Long Branch
Toronto neighbourhood · 2021 census
5.8 / 10
$83K
Median income
39.6 yrs
Median age
$1M
Median home value
50%
Renters
Transit
21.5%
Car
70.3%
Walk / bike
4.6%
$1,280/mo
Median rent
40%
Renters 30%+ on shelter
🌳Park 🛝Playground 📚Library 🚌Bus / streetcar 🏥Hospital 🩺Clinic / GP 🏡Long-term care
● within approx. 3 km
Data: Statistics Canada 2021 Census · EQAO 2023-2024 · City of Toronto open data

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FAQ
  • What is the total square footage of the w13093490 - 55 Thirty Eighth Street, Toronto W06, ON M8W 3M2?

    The total square footage of this property is Unknown.

  • What schools near to w13093490 - 55 Thirty Eighth Street, Toronto W06, ON M8W 3M2?

    The nearest schools are St Josaphat Catholic School for elementary and Father John Redmond Catholic Secondary School for secondary.

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