40 Dominion Road For Sale

Toronto, Long Branch, M8W 1J7

$2,149,000

Description

Listed by HARVEY KALLES REAL ESTATE LTD..

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!

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

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  • Address: 40 Dominion Road
  • Neighborhood: Long Branch
  • City: Toronto
  • State: Ontario
  • Postal Code: M8W 1J7

Property Details

  • Property ID: W9349317
  • Property Price: $2,149,000
  • Style: Multiplex, 2-Storey
  • Rooms: 10+5
  • Bedrooms: 6+2
  • Bath: 4
  • Garages Spaces: 2
  • Garage: Detached
  • Parking Spaces: 7
  • Basement: Apartment, Finished
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $6,838.16 (2024)
  • Lot: 150.00x45.00 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in Long Branch

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Long Branch

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Long Branch

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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