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For sale · Fourplex · 2-Storey

55 Thirty Eighth Street.

Long Branch, Toronto, ON M8W 3M2

On the market47 days
MLS® W13780002Courtesy of Stonecastle Realty Group Inc.
Bedrooms7
Bathrooms5
Lot50 x 136.5 ftFrontage by depth, as listed
Parking8Detached

Buyer's market

House market in Long Branch. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 23 days. Market data

Sales-to-new-listings ratio, last 3 months: 25%
Months of supply: 7.6

What it means

  • Buyer's market in Long Branch: houses take about 23 days to sell.
  • About 7.6 months of houses for sale in Long Branch at the current pace of sales.

At a glance

Property taxes$8,393 / year
BasementApartment, Finished with Walk-Out
Size3,000–3,500 sq ft
PossessionTbd

About this home

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.

Home details

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The homeproperty type, style, size, heating
Property type
Fourplex
Style
2-Storey
Size
3,000–3,500 sq ft
Heating
Radiant
Cooling
None
Basement
Apartment, Finished with Walk-Out
Lot size
50 × 136.5 feet
Possession
Tbd
Parking and storageparking, garage
Parking
8
Garage
Detached
Fees and taxesproperty taxes, price per sq ft
Property taxes
$8,393 (2026)
Price per sq ft
$638
What is includedAppliances and fixtures

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

What it could cost each month

— a month, estimated

With 20% down. Includes property tax. Estimate only.

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  • Mortgage—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

Sale and listing history

Past sales at this address are for members

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The area

Listing brokerage · MLS® W13780002Stonecastle Realty Group Inc.Data last updated Oct 21, 2026 6:30 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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