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5 Thirty Ninth Street, Long Branch M8W 3M4

Price

$1,499,900

Bedrooms

10 Beds

Bathrooms

8 Baths

Size

3500-5000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$11978

Description

Rare opportunity to acquire a fully legal 7-unit multi-residential property in a high-demand South Etobicoke Long Branch location. All units are self-contained with separate entrances and individually metered, providing clean operations and strong tenant appeal. The property features a desirable mix of one- and two-bedroom units, generating solid, reliable income. Two units are currently vacant-a two-bedroom-two bath and a one-bedroom-one-bath offering immediate flexibility for an end user to move in or for an investor to optimize tenancy from day one. Set on a substantial 50 x 132 ft lot , this asset offers strong fundamentals with future development potential, including the possibility of laneway housing or expansion. The depth of the lot also allows for ample on-site parking, a rare feature for multi-unit properties. Ideally located within walking distance to Lake Ontario, Long Branch GO Station, and Marie Curtis Park, with convenient access to the QEW via Browns Line. Surrounded by retail, dining, and everyday amenities, this is a proven rental location. A rare offering combining legal multi-unit status, scale, income stability, end-user flexibility, and long-term upside in a highly desirable lakeside community. Some photos are virtually staged and remodelled.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,887 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,199,920

Total Interest Payments

$739,824

Total Payment (Principal + Interest)

$1,939,744

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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