55 Thirty Eighth Street
Toronto W06, ON
- 7 bed
- 5 bath
- approx. 3000-3500 sqft
- Fourplex
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.
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Listing Details
- Taxes (2026)
- $8,393
- Listed
- September 11, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Separate Hydro Meter
- Lot Size
- 50 x 136.5 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 4
- Total Parking
- 8
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lakeshore Blvd W and Thirty Eighth Street
- Zoning
- RD(f12;a370;d0.35)
- Parcel Number
- 075790204
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 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
- Exclusions
- Tenant belongings
- Rental Items
- Coinamatic washer and dryer
Schools
Elementary
- École élémentaire Micheline-Saint-Cyr0.5 km
French public · CS Viamonde · 235 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 62% met the provincial standard
- St Josaphat Catholic School0.5 km
Catholic · Toronto CDSB · 390 students
Grade 3 reading: 8% met the provincial standard · Grade 6 math: 46% met the provincial standard
- James S Bell Junior Middle School0.7 km
Public · Toronto DSB · 375 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 55% met the provincial standard
Secondary
- Father John Redmond Catholic Secondary School1.8 km
Catholic · Toronto CDSB · 1160 students
Grade 10 literacy: 94% met the provincial standard
- Lakeshore Collegiate Institute1.9 km
Public · Toronto DSB · 650 students
Grade 10 literacy: 75% met the provincial standard
- Peel Alternative South2.8 km
Public · Peel DSB · 190 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M8W
- Population
- 22,381
- Private dwellings
- 9,994
- Median age
- 41.6
- Average household size
- 2.4
- Median household income
- $95,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto W06 · last 12 months
- Median sold price
- $777,000
- Homes sold
- 965
- Median days on market
- 24
- Sale-to-list price
- 97.8%
Based on 965 recorded sales of residential freehold properties in Toronto W06 over the last 12 months.
Listed by
STONECASTLE REALTY GROUP INC.
Walk Score
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Location
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Mortgage Calculator
$430,000
Estimated Monthly Payment
$10,562
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $10,562/mo (20% down, 5.5%)
Taxes: $699/mo · Insurance: $538/mo
Estimates only. Consult a financial advisor.
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