About 31 Long Branch Avenue
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. (id:6289)
More Info on this Long Branch Triplex MLS® listing
31 Long Branch Avenue is a triplex listing for sale in Toronto (Long Branch). The MLS® number is W13757942. It features 5 bedrooms, 3 bathrooms. It's currently listed for $1,248,000. For more details on MLS® W13757942, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This triplex listing in Long Branch is available now!
Selling your Long Branch Triplex property?
Have a similar home to 31 Long Branch Avenue? If you’re thinking about selling your Long Branch triplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Toronto (Long Branch) property.
