L4X Apartment Buildings for Sale

Apartment Buildings for Sale Within 5 kilometers of L4X

55 Thirty Eighth St

Toronto, ON M8W 3M2

Multifamily for Sale
$2,250,000 CAD
3,168 SF

Toronto Multifamily for Sale - West Toronto

Client Remarks An exceptional multiplex opportunity in the highly sought-after Long Branch community of Etobicoke, just steps from Marie Curtis Park and the shores of Lake Ontario. This well-maintained property, on a 50' x 137' lot, features five spacious units, including four one-bedroom apartments and one expansive three-bedroom suite. All four one-bedroom units are tenanted at market rents, offering immediate, stable income. The impressive three-bedroom unit-approximately 1,500 sq ft-is currently vacant, providing flexibility for owner occupancy or the opportunity for a new buyer to lease at top market value. The building offers separately metered hydro for four of the five units, helping streamline expenses and management. Each unit has been beautifully renovated with generous layouts that appeal to quality tenants. Additional income potential comes on site laundry in the lower level and from a detached four-car garage, ideal for indoor parking rentals, along with four exterior parking spaces-eight in total. Located in a prime lakeside neighbourhood with strong rental demand, this is a turnkey investment with upside potential and long-term value.

Contact:

Stonecastle Realty Group Inc

Property Subtype:

Multi Family

Date on Market:

2026-05-28

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1199-1201 Lakeshore Rd E

Mississauga, ON L5E 1G1

Multifamily for Sale
$1,300,000 CAD
5,963 SF

Mississauga Multifamily for Sale - Mississauga South

This offering presents a unique investment opportunity along Mississauga’s Lakeshore corridor, featuring two addresses on a single lot within the Lakeview community. The property spans approximately 5,963 square feet and is zoned EC (Employment Commercial), providing flexibility for a range of uses including residential apartments and potential commercial applications. The surrounding area is undergoing significant revitalization, with mixed-use developments, retail amenities, and waterfront enhancements contributing to long-term value growth. Investors will appreciate the combination of stable income potential and redevelopment upside in a well-connected urban setting.