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A rare, low-maintenance income property with strong cash flow in the heart of Long Branch, one of South Etobicoke's most desirable lakeside communities. This semi-detached Triplex sits on a premium 25 x 146.5 foot lot and generates $6,300/month in gross income with a solid $59,228 annual NOI. Monthly operating expenses average approximately $1,365, including property taxes, all utilities, insurance, and internet/cable. The property features three bright and spacious self-contained units: two 2-bedroom units and one 1-bedroom unit, with rear parking. The main-floor and basement units were completely renovated. Meticulously maintained, the property has benefited from over $156,000 in capital improvements over the past few years. Major recent upgrades include brand-new foundation waterproofing, weeping tiles, and sump pump system (2026), providing added peace of mind. Additional improvements include a tankless water heater (2024), high-efficiency boiler, newer windows, a newly asphalted rear parking area, and a large 8' x 10' storage shed. Ideally located just steps from the Lake, Lake Shore Boulevard's shops, cafés, restaurants, Marie Curtis Park, the sandy beach, picnic areas, and connections to the Waterfront and Etobicoke Creek Trails. Excellent transit access with Long Branch GO Station, the TTC streetcar loop, and bus routes all within easy reach, providing convenient commuting to downtown Toronto. (id:66096)
Property Details
MLS®
W13757942
Property Type
Multi-family
Bedrooms
5
Beds (above / below)
5 above · 0 below
Bathrooms
3
Parking
3
Interior Size
2,250 ft²
Lot Size
25 × 147 ft (3,663 sq ft)
Frontage
25 ft
Storeys
2
Basement
Apartment in basement, Separate entrance, N/A, N/A
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
57d
Toronto (Long Branch) listings, avg age
33d
Price / ft²
$555
List price
$1.25M
Long Listed: 57 days on market, against an average age of 33 days across the listings currently for sale in this city
Market timing · days on market0 → 33d avg age of current listings
Long Listed · day 57
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This 5-bed multi-family in Toronto (Long Branch) is available now. Want me to connect you with the agent or keep you posted on any price updates?
