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$ 1,749,000
Est. payment /mo
New
40 Dominion RD Toronto W06, ON M8W 1J7
4 Baths
2,382 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,382 sqft
Price per Sqft $734
Municipality Toronto W06
Subdivision Long Branch
MLS Listing ID W13771522
Annual Tax Amount $7,256
Tax Year 2026
Lot Size 6759.000 Acres
Property Sub-Type Investment
Property Description
ATTENTION INVESTORS! Turnkey, fully leased 4-unit multi-residential investment in the heart of Long Branch! 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.
Location
Province ON
County Toronto
Community Toronto W06
Area Toronto
Zoning RM (u4) (x2)
Interior
Cooling No
Exterior
Parking Features Double Detached
Community Features Major Highway, Public Transit
Utilities Available Yes
Building
Building Age 51-99
Lot Description Lot
Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.