31 Long Branch Avenue
Long Branch, Toronto, M8W 3H8
FOR SALE
$1,298,000
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5
BEDROOMS 3
BATHROOMS 3
KITCHENS 8 + 4
ROOMS W13757942
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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!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2017-02-21 | 2017-03-01 | 8 | $909,000 | $1,005,000 |
| 2011-04-18 | 2011-05-13 | 25 | $599,000 | $577,500 |
Nearby Intersections
Property Features
Lake/Pond, Rec./Commun.Centre, Public Transit, Park, School, Other, Private
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Property Details
Address
31 Long Branch Avenue
Community
City
Postal Code
M8W 3H8
Property Type
Triplex, Triplex
Lot Size
25' x 146'
Taxes
$5,509 (2026
Basement
Apartment, Separate Entrance
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Re/Max Professionals Inc.
Welcome Home To This Fabulous Triplex! Well Maintained W/ Many Upgrades. Three, 2 Bedroom Large Units W/ 2 Separate Entrances To Each Apartment. Fully Leased W/ Tenants On Month-Month, Separate Hydro Meters, Newer Stucco On Top Of The Existing Brick. Large Double Garage + 2 Parking Spaces Wide Mutual Driveway. Bsmt Water Proofed. Steps To The New Eglinton LRT Subway. Coin Laundry.
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Exceptional investment opportunity in the highly sought-after Downsview-Roding neighbourhood! This semi-detached triplex features three self-contained 2-bedroom units, offering outstanding income potential for investors or multi-generational families. Each spacious unit provides a functional layout with generous living areas, well-sized bedrooms, and plenty of natural light. Shared Laundry with Coin Washer / Dryer all in one Room! Situated on a quiet residential street, this property is conveniently located close to schools, parks, TTC transit, shopping, Humber River Hospital, York University, Downsview Park, and provides easy access to Highways 401, 400 and 407. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or accommodate extended family, this versatile property offers endless possibilities in a prime Toronto location. Rarely Offered for Sale!
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Solid Triplex in prime Leslieville location! 3 units are tenanted. All tenants are on month-to-month basis. Cooperative tenants would love to stay. Great property for for investors. Each unit has 2 bedrooms with fantastic floor plan. Ensuite laundry in 2 units. Upper units boasts a front balcony overlooking Queen St E. Terrific amenities nearby, walk to the Beach, Woodbine Park, Ashbridge's Bay. New condo development across from property is a bonus. This demand neighbourhood continues to grow and improve. 24-hr streetcar service at doorstep. One bus to subway. Minutes to downtown. Good location for tenants, a tremendous investment opportunity. Easy to manage. No photos as units are tenanted.
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Rarely available detached legal triplex with laneway access, offering exceptional investment potential. This well-maintained property has been extensively upgraded and features three spacious 2-bedroom units, each with separate hydro and gas meters. Fully leased with reliable tenants, each unit boasts dual exits for added safety and convenience. Rear parking accommodates three cars, with additional front parking available. Nestled on a tranquil cul-de-sac mere steps from public transit and the future LRT, this property includes shared coin-operated laundry facilities to maximize rental income. Explore the opportunity to add a laneway house for further value. Totaling 2,208 sq ft, with a newer roof (6 years old),this property offers stability and growth potential. VTB not available, and property sold with tenants in place.
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Large Triplex Located Minutes To St. Clair Ave. This AMAZING Property Offers 3 Apartments, ONE with 3 Large Bedrooms, ONE WITH TWO BEDROOMS AND A GREAT ROOM (CAN BE USED AS BEDROOM) AND 1 Beautiful Lower Level Suite With 2 Large Bedrooms, 3 Parking Spaces, 3 Gas & Hydro Separated Meters, Hvac, Electrical, 3 Acs.
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