$1,248,000
Available - For Sale
Listing ID: W13757942
31 Long Branch Avenue , Toronto, M8W 3H8, Toronto
| 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. |
| Price | $1,248,000 |
| Taxes: | $5509.29 |
| Occupancy: | Tenant |
| Address: | 31 Long Branch Avenue , Toronto, M8W 3H8, Toronto |
| Directions/Cross Streets: | Long Branch Avenue/Lake Promenade |
| Rooms: | 8 |
| Rooms +: | 4 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Apartment, Separate Ent |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Lower |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Lower |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 3 | Main |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 4 | Lower |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 3 | Main |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 4 | Lower |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 3 | Main |
| Washroom Type 22 | 4 | Second |
| Washroom Type 23 | 4 | Lower |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 3 | Main |
| Washroom Type 27 | 4 | Second |
| Washroom Type 28 | 4 | Lower |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 3 | Main |
| Washroom Type 32 | 4 | Second |
| Washroom Type 33 | 4 | Lower |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Other Structures: | Garden Shed |
| Approximatly Square Footage: | 2000-2500 |
| Property Features: | Lake/Pond, Rec./Commun.Centre |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX PROFESSIONALS INC. |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Toronto |
| Municipality: | Toronto W06 |
| Neighbourhood: | Long Branch |
| Style: | 2-Storey |
| Tax: | $5,509.29 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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