152 days on Market

18 Thirty Third St, Toronto, Ontario M8W 3G9

Townhouse
-
13
~7014 sqft
$3,995,000
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Townhouse
-
13
~7014 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$569/sqft

Est. Mortgage$17,157/mo

Tax Amount (2023)$8,278/yr

Days On Market152 days


Description

Opportunity of a lifetime to own this Fully Renovated from Top to Bottom Multiplex in one of the most high demand areas of Long Branch, Etobicoke, Toronto, steps to the lake. Situated on a massive 70 ft. x 146 ft. lot facing East. Surrounded by Multi Million dollar homes and sprawling condo and town home developments. This 6-unit Multiplex has FIVE 2-Bedroom Apartments and ONE 1-Bedroom Apartment. All Vacant and ready to put your perfect tenant inside! Private electronic gated 10 spot parking! Tenant Green Space in front and back, great curb appeal with brick exterior, walking distance to Junior and High Schools, Lake Ontario, Parks, TTC, Gardiner Expressway, close to Long Branch GO Train. Units will rent in a heartbeat! All units fully renovated, sound proofed, with brand new Air Conditioners installed, and all units have IN-SUITE Laundry! 4 Units with Balconies. Front and Back door entry/exit. Separate Superintendent/Property manager management office, shower, kitchenette, security system on site! These 11 Bedrooms have a potential of making a conservative $220,000 in Gross Annual Income, amazing Investment Opportunity easily rented and very low tenant turnover in a high demand area. Buy now and get a foothold in the area, and reap the benefits of the investment and then tear down and build 2 multi million dollar homes down the road, or do nothing and relax as the entire multiplex has been renovated and is ready to earn you considerable return! Possibility to build additional Lane way/Garden Suite property on site. Property qualifies for a CMHC loan.


Property Details

StyleResidential Income
View-
Age of property1960
SqFt~7014 SqFt
Lot Size10,328 SqFt(146.5 x 70.5)
Parking Spaces10
MLS ®Number40615883
Community NameLong Branch
Data SourceITSO
Listing byBerkshire Hathaway HomeServices West Realty

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Features

Lot size: 10,328 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by Berkshire Hathaway HomeServices West Realty, Brokerage

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Market Data - Long Branch

Strong Seller's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2023

179 days

2022

18 days

2021

5 days

New Listings

Past 30 days

6 listings

Compared to

2023

5 listings

2022

1 listing

2021

0 listing

Units sold

Past 30 days

5 units

Compared to

2023

1 unit

2022

2 units

2021

3 units

Median Sold Price

Past 30 days

$1,170,000

Compared to

2023

$1,950,000

2022

$1,111,250

2021

$1,111,000


Population and Demographics

Overview

Total population 8240
Average household income $139,288

Age (%)

20 to 34
22%
35 to 49
22%
50 to 64
22%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
54%
Single person
39%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
74%
Polish
6%
Spanish
4%
Others
3%
Portuguese
2%
Ukrainian
2%
Tagalog (Pilipino, Filipino)
2%
French
2%
Russian
1%

House tenancy (%)

Owners
51%
Renters
49%

Schools and amenities

Estimated Budget