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    For Sale - 40 Dominion Road, Toronto, Ontario

    Est payment $8,879/mo
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    Views   2
    Time on Jump  49 day

    AI Summary *

    • Rare investment opportunity in the heart of Long Branch, near transit and parks.
    • Large lot with potential for a garden suite to boost income.
    • Triplex with four rental units, including two spacious 3-bedroom apartments.
    • Basement has coin laundry and all above-grade windows for easy access.
    • Excellent financial profile with strong net operating income and 4.5% cap rate.




    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.
    Listing IDW13132886
    Address40 Dominion Road
    CityToronto, Ontario
    Price$1,849,000
    Bed / Bath8 / 4 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features OtherOwnership FreeholdBasement Apartment, FinishedFoundation UnknownHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  HARVEY KALLES REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    40 Dominion Road
    Toronto , Ontario
    8 4 $1,849,000
    Get more info