3384 Lake Shore Boulevard W

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Etobicoke , situated at 3384 Lake Shore Boulevard W, Etobicoke. This impressive property is a well-maintained multiplex building that has been owner-occupied for over 40 years, showcasing a blend of traditional finishes and functional design. With a total of six bedrooms and five bathrooms, this residence is perfect for those seeking a versatile living arrangement or a lucrative investment opportunity.

The property features three spacious residential units, each thoughtfully designed to provide a comfortable living experience. Additionally, there is a storefront commercial retail or office space, making this Multi-Family Home for sale in Etobicoke an ideal choice for creative professionals or entrepreneurs looking to establish their business in a prime location. The layout of each unit is practical and move-in ready, ensuring immediate income potential for investors or flexible living arrangements for owner-users.

Located in the Long Branch community of Etobicoke, this property benefits from its proximity to various amenities and services. The area is well-connected, with GO Transit options nearby, making commuting to Toronto and beyond convenient for residents. The property is situated on a substantial lot measuring 27 feet by 134 feet, providing ample outdoor space for potential landscaping or recreational activities.

The exterior of the building features a classic brick front, adding to its charm and curb appeal. Inside, the property boasts a total of 22 rooms, including three kitchens, which offer ample space for cooking and entertaining. Although there is no central vacuum system or additional kitchen, the existing facilities are more than adequate for the needs of its occupants. The family room adds a welcoming touch, providing a perfect space for relaxation and gatherings.

The heating is provided by a baseboard system, ensuring warmth during the colder months, while window air conditioning units offer cooling during the summer. Although the property does not feature a pool or fireplace, it compensates with its spacious layout and prime location. The absence of a basement and garage space means that the focus remains on the living areas and the commercial unit, maximising the functionality of the property.

Water and sewer services are provided by municipal systems, ensuring reliability and convenience for all residents. The property is currently unfurnished, allowing new owners the freedom to personalise the space according to their tastes and preferences. With a parking space capacity of zero, potential buyers should consider alternative parking arrangements, but the location's accessibility to public transport mitigates this concern.

In summary, this Multi-Family Home for sale in Etobicoke at 3384 Lake Shore Boulevard W, Etobicoke, presents an exceptional opportunity for investors and owner-users alike. With its unique combination of residential and commercial spaces, this property is well-suited for those seeking a versatile live/work environment. The well-maintained condition and prime location in the Long Branch community further enhance its appeal.

Don’t miss out on this rare find in a sought-after area of Toronto. The potential for immediate income generation or creative living arrangements makes this Multi-Family Home for sale in Etobicoke a truly special property. Whether you are looking to invest or seeking a unique space to call home, 3384 Lake Shore Boulevard W, Etobicoke, is a property that deserves your attention. Embrace this opportunity to own a turn-key property that offers both charm and functionality in a vibrant community.

Long Branch is a charming lakeside neighbourhood nestled within the city of Etobicoke, offering a delightful blend of suburban tranquillity and urban convenience. Located along the shores of Lake Ontario, this area boasts picturesque parks, scenic waterfront trails, and a vibrant local culture. Residents can enjoy a variety of amenities, including quaint shops, cafes, and restaurants, all within easy reach. The community is well-connected by public transport, making it a convenient choice for commuters. With its welcoming atmosphere, green spaces, and proximity to the lake, Long Branch presents an appealing option for those seeking a serene yet accessible lifestyle in the Greater Toronto Area.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find James S Bell Junior Middle Sports and Wellness Academy, just 0.3 km away, offering grades JK to 8 with a school rating of 5.6. The Holy Trinity Catholic School, located 0.8 km from the property, provides a strong Catholic education for grades JK to 8 and boasts a higher rating of 7.4. For secondary education, Lakeshore Collegiate Institute is only 0.9 km away, although it currently has a school rating of 0. Additionally, Father John Redmond Catholic Secondary School, also 0.9 km from the property, offers a robust arts program for grades 9 to 12 and has a commendable rating of 8. For families interested in French immersion, Second Street Junior Middle School is 2.4 km away, rated at 6.8, while St. Louis Catholic School, 3.9 km away, serves grades JK to 4 in French and has a rating of 7. Overall, the area offers a variety of educational options, catering to different preferences and needs.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 537 residents, with an average household size of 2.3. The demographic profile reveals an average age of 38.8 years and a robust average household income of $116,000. Notably, only 7.8% of the population is classified as low-income, indicating a relatively affluent community. The housing market reflects this affluence, with an average property price of $900,000. The community is characterized by a significant proportion of singles, comprising 54.26% of the population, while 40.74% of households include children. Immigrants make up 30.51% of the residents, contributing to the area's diversity. Additionally, 54% of the population are renters, with 18% residing in condominiums. The educational attainment is high, with 55.77% of residents holding a college or university degree. However, it is worth noting that 28.85% of the population is not in the labor force, which may reflect various factors such as retirement or further education. Overall, this area presents a vibrant, diverse community with a blend of families, singles, and a significant proportion of educated residents.