40 Dominion Road
Long Branch, Toronto, M8W 1J7
FOR SALE
$1,849,000
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6 + 2
BEDROOMS4
BATHROOMS2 + 2
KITCHENS10 + 5
ROOMSW13132886
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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.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2009-10-05 | 2009-10-10 | 5 | $639,000 | $625,000 |
| 2004-10-04 | 2004-10-18 | 14 | $509,000 | $505,500 |
Nearby Intersections
Property Features
Other, Private Double
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Property Details
Address
40 Dominion Road
Community
City
Postal Code
M8W 1J7
Property Type
Multiplex, Multiplex
Lot Size
45' x 150'
Taxes
$7,256 (2026
Basement
Apartment, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Detached
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Listing contracted with Harvey Kalles Real Estate Ltd.
533 Kingston Rd presents an exceptional opportunity to own a fully self-contained 3-unit income property in a rapidly developing Upper Beaches location near Kingston Rd & Lee Ave. Priced to sell at over a 4% cap rate and with ~$75K in annual rental income, this well-maintained investment property offers strong income potential and long-term upside in one of Toronto's most vibrant east-end communities. Financials attached. Featuring three spacious units, including a rare and highly desirable 3-bedroom upper suite, the property is well-positioned to attract consistent tenant demand. The lower and upper units have undergone recent renovations with updated finishes throughout, while the main level is well-maintained and offers excellent functionality. Updated mechanics include a newer boiler with radiant heat throughout. Shared laundry is conveniently located on-site, and the property includes 3 fridges, 3 stoves, and 3 dishwashers, making this a turnkey investment opportunity. The property also features 2 separate meters and 2 separate services with potential for a third. Ideally located steps to transit at your doorstep, local cafés, restaurants, and shops along Kingston Road, and within walking distance to the Beach and waterfront trails, this vibrant, community-oriented neighbourhood continues to experience strong growth and redevelopment, supporting excellent long-term appreciation and consistent rental demand
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