40 Dominion Road

Long Branch, Toronto, M8W 1J7
FOR SALE
$1,749,000
40 Dominion Road, Toronto
40 Dominion Road
40 Dominion Road
40 Dominion Road
40 Dominion Road
40 Dominion Road
40 Dominion Road
40 Dominion Road
40 Dominion Road
40 Dominion Road
40 Dominion Road
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6 + 2
BEDROOMS
4
BATHROOMS
2 + 2
KITCHENS
10 + 5
ROOMS
W13771558
MLSID
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Property Description
ATTENTION INVESTORS! Turnkey, fully leased 4-unit multi-residential investment in the heart of Long Branch! VACANT POSSESSION IS POSSIBLE ON UPPER 2 UNITS. This well-maintained property features an attractive unit mix with 2 one-bedroom units on the lower level and 2 three-bedroom units on the main and upper levels, providing approximately 2,382 sq. ft. of above-grade living space. Additional features include a double detached garage, 5 rear surface parking spaces, and on-site coin-operated laundry. Ideally situated near the shores of Lake Ontario with easy access to multiple transit options, schools, parks, shopping, dining, and everyday amenities. Fully occupied and income-producing, this is an excellent opportunity to acquire a well-positioned asset with strong tenant appeal to add to your portfolio. Expansive 6759 sq. ft. lot with development potential to add a garden suite. Average leveraged rate of return of 9.82% with 30% down. Gross Income: $109,080, Expenses $22,306, Net Income $86,774 in year 1. NOTE OVERSIZED LOT WITH STRONG POTENTIAL FOR GARDEN SUITE
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
Park, Place Of Worship, Public Transit, School, None, Private Double
Property Details
Address
40 Dominion Road
Community
Postal Code
M8W 1J7
Property Type
Multiplex, Multiplex
Zoning
RM (u4) (x2)
Lot Size
45' x 150'
Acreage
6,759.0 Feet
Taxes
$7,256 (2026
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Detached
Listing contracted with Royal Lepage Real Estate Services Ltd.
33 Lanark Avenue, Toronto
6+2
BEDS
5
BATHS
$1,499,000
FOR SALE
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5+1
BEDS
5
BATHS
$1,680,000
FOR SALE
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