Long Branch · W06 · M8W 1E9
$1,699,990
$2,429 / sq ft6 days on market
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RARE PERMIT-READY MULTIPLEX OPPORTUNITY IN PRIME LONG BRANCH! An exceptional 50 x 130 ft property offering outstanding scale, approvals and flexibility. Permits are issued to construct a three-storey fourplex, with approved drawings featuring over 6,000 sq. ft., 10 ft ceilings in the lower and upper levels, skylights, two three-bedroom upper 2 story units and two one-bedroom-plus-den lower units and two garage. The property also offers potential for an additional dwelling (5th) at the rear, further expanding its income-producing possibilities and long-term value. This is a shovel-ready opportunity. The required planning, architectural and permit work is complete, allowing the next owner to move directly toward construction without the delays, added costs and uncertainty of starting the approval process from scratch. With the project de-risked at the planning and approval stage, it may also be well positioned for multiplex construction financing, subject to lender approval and buyer qualifications. No City development charges and no HST further strengthen the financial appeal and potential returns. Until construction begins, the existing well-maintained brick bungalow provides flexibility to live in, rent out or hold. Ideally located on a quiet residential street south of Lake Shore Blvd. in one of Toronto's most desirable waterfront communities, minutes from Lake Ontario, Marie Curtis Park, waterfront trails, yacht clubs, parks, schools, shopping and restaurants. Convenient access to Long Branch GO Station, TTC, major highways, the upcoming Ontario Line with a direct connection to Downtown Toronto and future LRT service adds exceptional connectivity. Opportunities combining a large lot, existing home, approved multiplex plans and permits are increasingly difficult to find. Build a substantial multi-unit project, create a strong income-producing asset and secure a valuable piece of Long Branch.
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This home is priced in line with comparable listings — about 70% of comparable detached listings in Long Branch are asking less.
Based on 27 comparable active detached listings in Long Branch. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,699,990. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RED HOUSE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX REALTRON TIMACHY REALTY
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Listing courtesy of CITYSCAPE REAL ESTATE LTD.
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Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY