Long Branch · W06 · M8W 3H8
$1,298,000
$649 / sq ft4 days on market
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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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This home is priced in line with comparable listings — about 27% of comparable multiplex listings in Toronto are asking less.
Based on 95 comparable active multiplex listings in Toronto. 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 $1,298,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX PROFESSIONALS INC.. 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.