55 Thirty Eighth Street
Long Branch, Toronto, M8W 3M2
$2,150,000
Listed 36 days ago · MLS® W13780184
About this home
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.
Details
- Type
- Investment
- Lot
- 50 × 136.5 ft
- Garage
- Double Detached
- Property tax
- $8,393 (2026)
- Neighbourhood
- Long Branch
- Municipality
- Toronto W06
Heating, cooling and services
- Heating
- Radiant
- Utilities
- Available
Building and exterior
- Building area
- 3,168 Square Feet
More
- Possession
- TBD
- Cross street
- Lakeshore Blvd W and Thirty Eighth Street
- Business type
- Apts - 2 To 5 Units
History of this address
7 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
- 🚆 Long Branch GO8 min walk
Within a 10-minute walk: 1 grocery store, 15 cafés and restaurants, 12 parks, 5 pharmacies. Nearest grocery: No Frills (300 m). Nearest park: Brown's Line Lake Shore Parkette (250 m).
Schools nearby
Elementary
- École élémentaire Micheline-Saint-Cyr Catholic · French
EQAO: Gr 6 reading 81%, math 62%6 min walk - James S. Bell Junior Middle School
EQAO: Gr 6 reading 92%, math 55%11 min walk - Sir Adam Beck Junior School
EQAO: Gr 3 reading 100%, math 67%1.4 km - Twentieth Street Junior School
EQAO: Gr 3 reading 69%, math 69%1.7 km
Secondary
- Father John Redmond Catholic Secondary School Catholic
EQAO: Gr 9 math 75%, literacy test 94%1.8 km - Lakeshore Collegiate Institute
EQAO: Gr 9 math 42%, literacy test 75%1.9 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M8W
- Owners / renters
- 65% / 35%
- Median household income
- $95,000
- Average age
- 42
- Children under 15
- 15%
- Homes
- 44% detached, 17% high-rise
- Commute by transit
- 17%
- Population
- 22,381
Languages spoken most at home besides English: Polish 2.6%, Spanish 1.3%, Ukrainian 1.1%, Portuguese 1.1%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Long Branch (2025): 25% below the Toronto average, down 7% from the year before.
- Assault25% below average
- Break and enterabout average
- Auto theft29% below average
- Robbery42% below average
- Theft from vehicles39% below average
- Shootingsnone reported
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 1 active
-
3807 LAKE SHORE BLVD W · 300 mOfficial Plan / Zoning By-law Amendment · Appeal Received · applied 2022Proposed Official Plan Amendment and Rezoning application to construct a 39-storey mixed-use building with 490 residential units, 71 parking spaces (62…Application details
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 14 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built RD
Residential Detached.
- ✅ Up to 4 homes on the lot (multiplex)
- ✅ Garden suite in the backyard
- ✅ Laneway suite, if the lot backs onto a lane
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Trees
68 City street trees within 100 m. That’s more than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by STONECASTLE REALTY GROUP INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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