31 Long Branch AVE, Toronto W06, ON M8W 3H8
31 Long Branch AVE, Toronto W06, ON M8W 3H8
31 Long Branch AVE, Toronto W06, ON M8W 3H8
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$1,248,000
Est. payment /mo
5 Beds
3 Baths

UPDATED:

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

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.

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

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 25.0

Lot Depth 146.5

Total Parking Spaces 3

Building

Unit Features Lake/Pond,Rec./Commun.Centre,Public Transit,Park,School

Foundation Concrete Block

Others

ParcelsYN No

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Listed by RE/MAX PROFESSIONALS INC.

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Jordan Pal

Jordan Pal

+63(915) 883-4393

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