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.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
150'45.7 m
Lot Frontage:
45'13.7 m
Direction Faces:
North
Bedrooms:
6+2
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
2
Bedrooms Above Grade:
6
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
10
Rooms Below Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Unknown
Basement:
Apartment, Finished
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Private Double
Parking Spaces:
5
Total Parking Spaces:
7.0
Family Room:
Yes
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$6,838.16 /
2024
Assessment:
$- /
-
Toronto
Toronto W06
Long Branch
Other
Hot water Tank.
2 x Gas Furnaces (2013,2018) Coin Operated Washer/Dryer, 4 x Fridge, 4 x Stove, All ELFs, Existing Window Covering, Roof (2013), Windows (2015), all cameras and security equipment included in sale.
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