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$ 2,099,000
Est. payment /mo
Active
40 Dominion RD Toronto W06, ON M8W 1J7
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Long Branch
MLS Listing ID W11977475
Style 2-Storey
Bedrooms 8
Annual Tax Amount $6,838
Tax Year 2024
Property Sub-Type Multiplex
Lot Depth 150.0
Lot Front 45.0
Appx SqFt 2000-2500
Property Description
Welcome to 40 Dominion Rd, an Incredible Rare Investment Opportunity Located South Of Lake Shore Blvd in the Heart of Long Branch. Steps away from the Long Branch GO Station, Marie Curtis Park, Trendy Shops and Major Highways with Direct access from Browns Line to Sherway Gardens, 427 and QEW/Gardiner. The Property Sits on a Very Large 45 x 150 ft Deep exterior Lot with an incredible Detached Double Garage complete with Electricity and Expansion Potential. This legal Triplex has 4 rentable units, including 2 very large 3-bedroom apartments on the 1st and 2nd floor, with an additional 2 lower units, each with 1 Bedroom and a large Kitchen/Living area. The Basement is complete with coin laundry and all windows are above grade. The unit has an excellent financial profile and a fantastic net operating income. If you are looking for a great return on investment with additional future upside Potential, Then Look no further, Your dream investment opportunity is here! **EXTRAS** This Property Also Qualifies For A 1290 sq ft Garden Suite Which Would Increase the Income and Value To The Owner. Property has a 4.5% cap rate.
Location
Province ON
County Toronto
Community Long Branch
Area Toronto
Rooms
Family Room Yes
Basement Apartment, Finished
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private Double
Garage Spaces 2.0
Pool None
Roof Type Unknown
Lot Frontage 45.0
Lot Depth 150.0
Total Parking Spaces 7
Building
Foundation Unknown
Listed by HARVEY KALLES REAL ESTATE LTD.
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