55 Thirty Eighth Street

Long Branch, Toronto, M8W 3M2

$2,150,000

Photo 1 of 13Photo 2 of 13Photo 3 of 13Photo 4 of 13Photo 5 of 13Photo 6 of 13Photo 7 of 13Photo 8 of 13Photo 9 of 13Photo 10 of 13Photo 11 of 13Photo 12 of 13Photo 13 of 13

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 m
    Official Plan / Zoning By-law Amendment · Appeal Received · applied 2022
    Proposed 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.

Full lot check · Run the numbers

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.

Similar homes nearby

See more in Toronto