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$3,999,900Asking Price

3263 Lake Shore Boulevard W, Toronto W06, ON M8V 1M2

Long Branch, Toronto

Multiplex
16
Bedrooms
11
Baths
2
Parking
Days on Market

This very profitable legal apartment building comprises ten well-maintained units, strategically situated just two minutes away from Humber College. Its prime location makes it a highly desirable investment for those seeking strong returns and stable demand. The property offers versatility in management, as it can be operated either as a traditional rental or as an Airbnb business. This flexibility provides potential owners with the opportunity to choose the model that best suits their investment strategy and market conditions. The current tenant base is primarily composed of Humber College students. This revolving tenancy ensures a steady influx of occupants, contributing to the building's consistent profitability year after year. Significant renovations were completed in 2017 and 2019, resulting in the building being in excellent condition. These upgrades have enhanced the property's appeal and ensured that all units meet modern standards. The building is equipped with advanced security and safety amenities, including: Keyless/Key scan access for secure entry; API fire monitoring system; 24/7 security cameras installed throughout the premises; LED lighting for improved visibility and energy efficiency. A new roof was installed in 2017, providing long-term durability and protection. Additionally, the building features a tankless boiler system, ensuring efficient heating and optimal energy usage for all tenants. The units have separate meters (7 existing and 4approved).

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This very profitable legal apartment building comprises ten well-maintained units, strategically situated just two minutes away from Humber College. Its prime location makes it a highly desirable investment for those seeking strong returns and stable demand. The property offers versatility in management, as it can be operated either as a traditional rental or as an Airbnb business. This flexibility provides potential owners with the opportunity to choose the model that best suits their investment strategy and market conditions. The current tenant base is primarily composed of Humber College students. This revolving tenancy ensures a steady influx of occupants, contributing to the building's consistent profitability year after year. Significant renovations were completed in 2017 and 2019, resulting in the building being in excellent condition. These upgrades have enhanced the property's appeal and ensured that all units meet modern standards. The building is equipped with advanced security and safety amenities, including: Keyless/Key scan access for secure entry; API fire monitoring system; 24/7 security cameras installed throughout the premises; LED lighting for improved visibility and energy efficiency. A new roof was installed in 2017, providing long-term durability and protection. Additionally, the building features a tankless boiler system, ensuring efficient heating and optimal energy usage for all tenants. The units have separate meters (7 existing and 4approved).

Key Info

  • 2-Storey Multiplex
  • 2 Parking
  • No Garage
  • Lake Shore Blvd W & Kipling Avenue
  • 3500-5000 Approximate Sq Feet
  • No Ensuite Laundry
  • Water Gas Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $11,877 in 2025
  • Possession: TBA

Details

  • No Fireplace
  • 10 Kitchens
  •  
  • MLS #W12803806
  • ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Extras

Room Floor Dimensions Details
Washroom4 3-Piece Bathrooms on Ground Floor
Washroom2 3-Piece Bathrooms
Washroom5 3-Piece Bathrooms on Lower

Who lives here?

Long Branch, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, business and science professionals, salespeople and tradespeople. It has a higher than average population of Polish speakers. Residents tend to be older with a significant number of adults aged 30 to 44, 30 to 44, 30 to 44 and 30 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

52% of residents are
single and loving it.

52% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

52% of residents
are renters.

52% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

39% of residents are
university grads.

39% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$106K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 12%
Trades 9%
Management 8%
Government 8%

Immigrants

35% of residents were
born outside of Canada.

35% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Poland was once home to 4.3% of immigrants.
Philippines 3.7%
Caribbean 3.1%
Ukraine 2.5%
UK 2.1%

4.3% from Poland
All-time

Birthplace - Recent

Philippines was once home to 0.9% of immigrants.
Poland 0.7%
Ukraine 0.5%
Cuba 0.5%
India 0.4%

0.9% from Philippines
Recent

Foreign Languages

Foreign Languages

Polish 5%
Tagalog 3%
Spanish 3%
Ukrainian 3%
French 2%

Religions

Religions

Christian 68%
Muslim 2%
Hindu 2%
Buddhist 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)