$1,248,000
 $6,700 est/mo Sourced by Back At You

31 Long Branch Avenue,Toronto (Long Branch), ON M8W3H8

Toronto (Long Branch), ON M8W3H8

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Description

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:13843)

Details

MLS #W13757942
Listing TypeFor Sale
StatusActive
Days On Site43
Listing Provided ByRE/MAX PROFESSIONALS INC. | IRENA COYNE

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,000
BasementY
Story(s)2

Interior

CoolingNone
HeatingRadiant heat, Natural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Oven, Dryer, Microwave
Fireplace Yes / NoNo

Exterior

Foundation DetailsBlock

Parking

Parking FeaturesNo Garage
Parking Total3

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount5509.29

Area Information

ProvinceON
CityToronto (Long Branch)
Postal CodeM8W3H8
Listing VS Median (in M8W3H8)
Price:
$1,248,000
low | high
Med:
$1,248,000
50% of Average
sqft:
2,000
low | high
Med:
2,000
50% of Average
$ / sqft:
$624
low | high
Med:
$624
50% of Average
On site:
43
low | high
Med:
43
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityToronto (Long Branch)
Postal CodeM8W3H8
Listing VS Median (in M8W3H8)
Price:
$1,248,000
low | high
Med:
$1,248,000
50% of Average
sqft:
2,000
low | high
Med:
2,000
50% of Average
$ / sqft:
$624
low | high
Med:
$624
50% of Average
On site:
43
low | high
Med:
43
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $936K - $1.56M
sqft: 1,500 - 2,500
Listing Updated: October 12, 2026 at 5:09:44 AM PDT