31 Long Branch Avenue

ActiveLiberty Village / Parkdale / South Parkdale · Long Branch14 days on marketMLS® W13757942

$1,298,000

$649 / sq ft

Bedrooms5

Bathrooms3

Interior2,000 sq ft

TypeMulti-Family

ListingFor Sale

Days on Market14

About this property

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!

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	W13757942
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	2,000 sq ft
Beds / Baths	5 bed · 3 bath
Neighbourhood	Long Branch
City	Liberty Village / Parkdale / South Parkdale
Postal Code	M8W 3H8
Province	ON
Listed Date	September 9, 2026
Days on Market	14
Price per Sq Ft	$649
Brokerage	RE/MAX PROFESSIONALS INC.