How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 55 Thirty Eighth Street
Turnkey multiplex investment in the heart of long branch! An exceptional opportunity to acquire a rare five units, legal fourplex + 1 non confirming, multiplex in one of Etobicoke's most sought-after lakeside communities. Situated on an impressive 50' x 137' lot, just steps from Marie Curtis Park and Lake Ontario, this property offers the combination investors look for: strong in-place income, substantial parking, renovated units, and meaningful potential. The property features five generously sized apartments. four x1 bed suites and one x3 bedroom residence of approximately 1,500 sq. ft. The four one-bedroom units are currently tenanted at market rents, providing immediate, stable cash flow, while the three-bedroom suite is vacant and rent ready or can accommodate an owner-occupier. On-site laundry, a detached four-car garage, and additional exterior parking spaces provide multiple opportunities to generate additional revenue. Located in the heart of Long Branch, surrounded by parks, transit, the lakefront, shops, and established neighbourhood amenities, this property is positioned in a community with strong rental demand and long-term fundamentals.
Toronto investment priced at $2,075,000 — book a tour to see if it fits your search.
Inside 55 Thirty Eighth St
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Investment
55 Thirty Eighth St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 55 Thirty Eighth St. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
Own a home on Thirty Eighth Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 55 Thirty Eighth St with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 55 Thirty Eighth St day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5104.0%On average, homes sold at or above asking.
Active listings11,952Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 13 – Aug 11, 2026: prices down.
Based on 9,290 sales from Aug 11 – Nov 9, 2026 (7,223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
55 Thirty Eighth St is listed at $2,075,000 (MLS® W13780184). Summitly updates the price as soon as the MLS® record changes.
Has the price of 55 Thirty Eighth St changed?
Yes — it was first listed at $2,150,000 and is now $2,075,000, a drop of $75,000 (3.5%).
How many bedrooms and bathrooms does 55 Thirty Eighth St have?
The listing for 55 Thirty Eighth St doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 55 Thirty Eighth St close to transit?
The nearest rapid-transit station is Long Branch GO Station (Lakeshore West GO), about 560 m (about a 7-minute walk) in a straight line. Dixie GO Station is about 3.7 km, and Mimico GO Station is about 4.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 55 Thirty Eighth St compare with other homes in Toronto?
Its asking price of $2,075,000 is about 147% above the median sold price in Toronto over the last 90 days, $840,000, across 9,290 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 55 Thirty Eighth St been sold before?
Summitly has no earlier MLS® sale or lease of 55 Thirty Eighth St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 55 Thirty Eighth St?
55 Thirty Eighth St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 55 Thirty Eighth St been on the market?
59 days — 55 Thirty Eighth St was listed on September 11, 2026.
What is the land transfer tax on 55 Thirty Eighth St?
About $76,700 at the asking price of $2,075,000: $38,350 Ontario land transfer tax plus $38,350 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 55 Thirty Eighth St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 55 Thirty Eighth St?
The listing for 55 Thirty Eighth St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 55 Thirty Eighth St built?
The listing for 55 Thirty Eighth St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.