L5C Apartment Buildings for Sale

Apartment Buildings for Sale Within 10 kilometers of L5C

55 Thirty Eighth St

Toronto, ON M8W 3M2

Multifamily for Sale
$2,188,000 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:

Apartment

Date on Market:

2026-05-28

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5170 Ninth Line

Mississauga, ON L5M 0R5

Multifamily for Sale
Price Upon Request
200,464 SF

Air Conditioning
24 Hour Access
Controlled Access
Kitchen
Smoke Detector

Mississauga Multifamily for Sale

High Line is a rare forward-sale, purpose-built rental opportunity in one of Mississauga’s fastest-growing urban corridors, delivered by Branthaven, an award-winning developer with a proven track record across the GTA. The modern 12-storey building will offer premium finishes and a strong amenity program including a fitness centre, yoga studio, parcel rooms, bike storage, and storage lockers, complemented by landscaped green spaces designed to support long-term tenant appeal. Strategically located in the Churchill Meadows / Ninth Line Corridor, High Line benefits from excellent connectivity to Highways 401, 403, and 407 and close proximity to major retail destinations such as Erin Mills Ridgeway Plaza and Costco. Construction is scheduled to commence in late 2026 with completion targeted for 2028, providing investors with a fully entitled, shovel-ready asset in one of Mississauga’s most supply-constrained and high-demand rental markets, backed by Branthaven’s development expertise