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Triplex · Listed 1 day ago

31 Long Branch Toronto,ON M8W 3H8

Toronto, ON, Canada

5 Beds3 Baths2,500–2,500 sqft0 Built

List price

$1,248,000

Why This Property?

This semi-detached triplex offers 5 bedrooms, 3 bathrooms, about 2,500 sq ft, rear parking, a basement, and three self-contained units: two 2-bed units and one 1-bed unit. The main-floor and basement units were renovated, and the property has had over $156,000 in capital improvements.

Facts & Features

Highlights

  • parking
  • basement
  • waterfront

Bedrooms & bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full: 3
  • Half: 0

Living Area

  • 2,500–2,500 sqft

Stories

Lot size

  • 0.084 acres

Year built

  • 0

Property type

  • Triplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      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.

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      MLS® TRREB · Listing #W13757942

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      How is the Long Branch triplex configured?
      It contains three self-contained units: two 2-bedroom units and one 1-bedroom unit.
      What schools and transit serve Long Branch?
      Long Branch GO Station is nearby, with TTC bus connections in the area. Nearby schools include James S. Bell Junior Middle School, Twentieth Street Junior School, The Holy Trinity Catholic School, and Lakeshore Collegiate Institute.
      What is a triplex, and how is it different from other multi-unit homes in Toronto?
      A triplex is a property with three separate dwelling units within one building. In Toronto, triplexes are often chosen by buyers who want a home that can accommodate multiple households, support extended family living, or offer rental income potential, while still being managed as a single property.
      What should buyers know about purchasing a triplex in Toronto?
      Buying a triplex in Toronto usually involves reviewing the property’s zoning, permitted uses, unit configuration, and any existing tenancies. Buyers should also consider financing, inspections, insurance, and whether they plan to live in one unit, rent all units, or renovate over time. Working with a real estate professional familiar with multi-unit properties is helpful.
      Which Toronto neighbourhood features are important for triplex buyers?
      For triplex buyers, access to TTC transit, GO Transit connections, schools, parks, and everyday amenities can strongly influence both livability and rental appeal. Neighbourhoods with strong transit access and nearby services are often attractive because they make commuting and daily routines easier for residents in all three units.
      Are triplexes common in Toronto, and what are they typically like?
      Triplexes are a well-established housing type in Toronto, especially in older residential areas and along transit corridors. They are often found in low-rise buildings and may feature separate entrances, shared utilities, or a mix of updated and original finishes depending on the property’s age and renovation history.