18 Thirty Third St
Long Branch, Etobicoke, M8W 3G9
FOR SALE
$3,995,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
8 + 3
BEDROOMS13
BATHROOMS6
KITCHENS20 + 8
ROOMSW9051447
MLSIDContact Us
Property 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 for even more rental income.
Call
Extras
4 Balconies,Gated Electronic Parking For 10 Cars, 6 Sep Hydro Meters,In-Suite Laundry In Every Unit,Superintendent/Prop Mgmt Office/Shower&Kitchen,Sec Sys, New 2024 Boiler Owned, Aluminium Wdw, Roof 8 Years Old,Brand New A/C In Every Unit
Property Features
Fenced Yard, Lake Access, Library, Public Transit, Rec Centre, School
Call
Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
70' x 146'
Fronting
West
Taxes
$8,278 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
None
Call
Etobicoke Market Statistics
Etobicoke Price Trend
18 Thirty Third St is a 8-bedroom 13-bathroom home listed for sale at $3,995,000, which is $1,920,000 (92.5%) higher than the average sold price of $2,075,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 8 bedroom home in Etobicoke declined by $1,454,942 (41.2%) compared to the previous 30 day period (September 21 - October 20) and down $480,000 (18.8%) from the same time one year ago.Inventory Change
There were 8 8-bedroom homes listed in Etobicoke over the last 30 days (October 21 - November 19), which is down 20.0% compared with the previous 30 day period (September 21 - October 20) and up 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Etobicoke typically sold ($125,000) (6.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $111,693 decrease compared to the previous 30 day period (September 21 - October 20) and $157,500 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 8-bedroom homes in Etobicoke over the last 30 days (October 21 - November 19) stood at 12.5%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 13-bathroom home in Etobicoke stood at 11 days when successfully sold over the last 30 days (October 21 - November 19), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Berkshire Hathaway Homeservices West Realty
Call