31 LONG BRANCH AVENUE, Toronto (Long Branch)

$1,298,000

For sale: Multiplex

Multiplex at 31 LONG BRANCH AVENUE, Toronto (Long Branch)
Property type
Triplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® W13757942
Neighbourhood
Long Branch

Turn-Key Multi-Family asset in the Heart of Long Branch, Toronto's highly coveted "Village by the Lake", South Etobicoke's fastest appreciating pockets! Semi-detached Triplex on a premium 25 x 146.5 ft deep lot generating $6,300/mo Gross Income with a solid $59,228 annual NOI. Expenses average $1,365/mo including property tax, all utilities, insurance, and internet/cable. This low-maintenance income property features three bright and spacious self-contained units, two 2-bedroom units and one 1-bedroom unit, with parking at rear. Meticulously maintained with over $156k in capital improvements over the past 8 years, makes this an incredibly rare, worry-free addition to any portfolio. Main Floor and Basement units were completely renovated (2021). Brand new foundation waterproofing, weeping tiles, and sump pump system installed with transferable peace-of-mind ($20k, 2026). Upgraded mechanics include a tankless water heater (2024), high-efficiency boiler (2019), newer windows. Rear yard new asphalt parking area (2018) and a large 8' x 10' storage shed (2022). Ideal lakeside location just steps to Lake Shore Boulevard shops, cafes, restaurants, Marie Curtis Park, sandy beach, picnic area, connections to the Waterfront Trail and Etobicoke Creek Trail. Unbeatable tenant transit access, walk to Long Branch GO Station and TTC Streetcar loop, bus routes, offering quick commute downtown. Stable cash flow, premium finishes, and major capital expenditures already paid for!

Sold data

Multiplex homes in Toronto (Long Branch) — recent sold market

Multiplex homes in Toronto (Long Branch) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.

The median sale price was $1,262,000.

Homes sold for about 5.7% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$1,262,000
Sale-to-list ratio
94.3%
Sold above asking
15%

Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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