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55 Thirty Eighth Street, Toronto W06, ON M8W 3M2
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55 Thirty Eighth Street, Toronto W06, ON M8W 3M2
Toronto W06 , M8W 3M2
$2,250,000.00
3168 Square Feet Commercial
Property Details
MLS Number W13093490
Property Type Commercial
City Toronto W06
City Region Long Branch
Postal Code M8W 3M2
Cross Street LAKESHORE BLVD AND THIRTY EIGHTH STREET
Street Number 55
Street Name Thirty Eighth
Lot Width 50 ft
Lot Depth 136.5 ft
Building Area 3168 Square Feet
Annual Tax $8,393.00
Utilities Yes
Occupant Type Tenant
Description
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.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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