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.
5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $624 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 31 Long Branch Ave
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
3 spaces
Basement
Apartment, Separate Entrance
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Apartment · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Triplex
31 Long Branch Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,131
/mo
based on the purchase price of $1,248,000
$249,600 cash
$998,400 financed
$840,915 total interest
Principal54%$998,400
Interest46%$840,915
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 4–7 bed homes for sale in Toronto around $1.2M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,418Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
31 Long Branch Ave is listed at $1,248,000 (MLS® W13757942). Summitly updates the price as soon as the MLS® record changes.
Is $1,248,000 a good price for 31 Long Branch Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 31 Long Branch Ave changed?
Yes — it was first listed at $1,298,000 and is now $1,248,000, a drop of $50,000 (3.9%).
How many bedrooms and bathrooms does 31 Long Branch Ave have?
31 Long Branch Ave has 5 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a triplex in Toronto.
Is 31 Long Branch Ave close to transit?
The nearest rapid-transit station is Long Branch GO Station (Lakeshore West GO), about 1.1 km (about a 13-minute walk) in a straight line. Mimico GO Station is about 4.0 km, and Dixie GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 31 Long Branch Ave?
About $6,131 a month — principal and interest on $1,248,000 with 20% down ($249,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 31 Long Branch Ave compare with other homes in Toronto?
Its asking price of $1,248,000 is about 48% above the median sold price in Toronto over the last 90 days, $845,000, across 9,621 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 31 Long Branch Ave been sold before?
Summitly has no earlier MLS® sale or lease of 31 Long Branch Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 31 Long Branch Ave?
31 Long Branch Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 31 Long Branch Ave been on the market?
47 days — 31 Long Branch Ave was listed on September 8, 2026.
What is the price per square foot of 31 Long Branch Ave?
About $499 to $624 per square foot: the asking price of $1,248,000 over the 2,000–2,500 sq ft the listing gives as its size range.
