40 Dominion Road Toronto, Ontario M8W 1J7
$2,149,000
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. (id:24801)
Property Details
| MLS® Number | W9349317 |
| Property Type | Multi-family |
| Community Name | Long Branch |
| ParkingSpaceTotal | 7 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 8 |
| Appliances | Dryer, Refrigerator, Stove, Washer, Window Coverings |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a (finished) |
| ExteriorFinish | Brick |
| FlooringType | Laminate |
| FoundationType | Unknown |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 150 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45 X 150 Ft |
| SizeTotalText | 45 X 150 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 4.41 m | 4.24 m | 4.41 m x 4.24 m |
| Main Level | Living Room | 4 m | 4.75 m | 4 m x 4.75 m |
| Main Level | Bedroom | 4 m | 3.76 m | 4 m x 3.76 m |
| Main Level | Bedroom 2 | 4 m | 3.1 m | 4 m x 3.1 m |
| Main Level | Bedroom 3 | 3.3 m | 3.07 m | 3.3 m x 3.07 m |
https://www.realtor.ca/real-estate/27414510/40-dominion-road-toronto-long-branch-long-branch
Interested?
Contact us for more information
Peter Powers
Broker
2316 Bloor Street West
Toronto, Ontario M6S 1P2
Jason Sampson
Salesperson
2145 Avenue Road
Toronto, Ontario M5M 4B2
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October 16 2024 05:28:44
Toronto Real Estate Board
Harvey Kalles Real Estate Ltd.