31 LONG BRANCH AVENUE, Toronto (Long Branch)
$1,248,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 5 bedrooms, 3 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® W13757942
- Neighbourhood
- Long Branch
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.
Sold data
Homes in Long Branch — recent sold market
Homes in Long Branch took a median of 21 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 122 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $897,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
- Median days to sell
- 21
- Median sale price
- $897,000
- Sale-to-list ratio
- 96.9%
- Sold above asking
- 16%
Based on 122 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Toronto (Long Branch)
Toronto (Long Branch) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
- Rated schools
- 529
- Elementary
- 425
- Secondary
- 104
- Average rating
- 6.2 / 10
Top-rated schools in Toronto (Long Branch)
- Cottingham — elementary, TorontoFraser rating 10.0/10
- High Park Alternative — elementary, TorontoFraser rating 10.0/10
- Northmount — elementary, TorontoFraser rating 10.0/10
- Sathya Sai — elementary, TorontoFraser rating 10.0/10
- St Michael's Choir — secondary, TorontoFraser rating 10.0/10
- St Sebastian — elementary, TorontoFraser rating 10.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 31 LONG BRANCH AVENUE
$1,199,000
Multiplex5+131,500–2,000 sqft1060 COLLEGE STREET, Dufferin Grove, Toronto
$1,650,000
Multiplex5+142,000–2,500 sqft560 INDIAN GROVE, Junction Area, Toronto
$1,389,000
Multiplex5+241,500–2,000 sqft805 ATHOL STREET, Downtown Whitby, Whitby
$1,199,000
Detached5+231,500–2,000 sqft3478 PALGRAVE ROAD, Fairview, Mississauga
$1,498,000
Detached5+141,500–2,000 sqft52 BRECKONWOOD CRESCENT, Aileen-Willowbrook, Markham
$1,499,000
Detached5+142,000–2,500 sqft97 CENTRE STREET E, Crosby, Richmond Hill
$1,299,900
Semi-Detached/Link5+231,500–2,000 sqft742 DUFFERIN STREET, Dufferin Grove, Toronto
$1,178,000
Detached5+231,100–1,500 sqft1072 ORCHARD ROAD, Lakeview, Mississauga