5 Thirty Ninth Street Toronto, Ontario M8W 3M4

$1,499,900

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. (id:50976)

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https://www.realtor.ca/real-estate/29694937/5-thirty-ninth-street-toronto-long-branch-long-branch