ON > Toronto W06 > Long Branch
Toronto W06, ON M8W 1J7,40 Dominion RD
Toronto W06, ON M8W 1J7,40 Dominion RD
Toronto W06, ON M8W 1J7,40 Dominion RD
Toronto W06, ON M8W 1J7,40 Dominion RD
Toronto W06, ON M8W 1J7,40 Dominion RD
Toronto W06, ON M8W 1J7,40 Dominion RD
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 2,099,000
Est. payment | /mo

8 Beds

4 Baths

Save
$ 2,099,000
Est. payment | /mo
Save

8 Beds

4 Baths

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

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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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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40 Dominion RD