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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

3 Baths

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Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto W06

Subdivision Long Branch

MLS Listing ID W13757942

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,509

Tax Year 2026

Property Sub-Type Triplex

Property Description

Turn-Key Multi-Family asset in the Heart of Long Branch, Toronto's highly coveted "Village by the Lake", South Etobicoke's fastest appreciating pockets! Semi-detached Triplex on a premium 25 x 146.5 ft deep lot generating $6,300/mo Gross Income with a solid $59,228 annual NOI. Expenses average $1,365/mo including property tax, all utilities, insurance, and internet/cable. This low-maintenance income property features three bright and spacious self-contained units, two 2-bedroom units and one 1-bedroom unit, with parking at rear. Meticulously maintained with over $156k in capital improvements over the past 8 years, makes this an incredibly rare, worry-free addition to any portfolio. Main Floor and Basement units were completely renovated (2021). Brand new foundation waterproofing, weeping tiles, and sump pump system installed with transferable peace-of-mind ($20k, 2026). Upgraded mechanics include a tankless water heater (2024), high-efficiency boiler (2019), newer windows. Rear yard new asphalt parking area (2018) and a large 8' x 10' storage shed (2022). Ideal lakeside location just steps to Lake Shore Boulevard shops, cafes, restaurants, Marie Curtis Park, sandy beach, picnic area, connections to the Waterfront Trail and Etobicoke Creek Trail. Unbeatable tenant transit access, walk to Long Branch GO Station and TTC Streetcar loop, bus routes, offering quick commute downtown. Stable cash flow, premium finishes, and major capital expenditures already paid for!

Location

Province ON

County Toronto

Community Toronto W06

Area Toronto

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 3

Interior

Interior Features Other

Cooling None

Inclusions All existing electric light fixtures, 3 refrigerators, 3 stoves, 2 built-in microwave ovens, 2 built-in dishwashers, washer, dryer, lawn mower, garden shed.

Exterior

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 25.0

Lot Depth 146.5

Total Parking Spaces 3

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

Virtual Tour https://imaginahome.com/WL/orders/gallery.html?id=384376182

Listed by RE/MAX PROFESSIONALS INC.

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31 Long Branch AVE Toronto W06, ON M8W 3H8