For Sale

40 Dominion Road, Toronto (Long Branch), Ontario M8W1J7

$2,149,000

40 Dominion Road, Toronto (Long Branch), Ontario M8W1J7 is For Sale and has a listing price of 2,149,000. The property is located in the Long Branch neighbourhood. It's been on the website for 7 Days.

  • Multi-family
    Property Type
  • Other
    Building Type
  • 8
    Bedrooms
  • 4
    Bathrooms
  • Detached Garage
    Parking
  • 7
    Parking Spaces
  • MLS ID: W9349317
  • Office Name HARVEY KALLES REAL ESTATE LTD.,HARVEY KALLES REAL
Property Description

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:43137)

Property Details
  • Bedrooms: 8
  • MLS ID: W9349317
  • Bathrooms: 4
  • Price: $2,149,000
  • Transaction Types: For Sale
  • Ref ID: 27414510
  • Year Built: N/A
  • Building Type: Other
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
09/13/2024 W9349317 $2,149,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Kitchen - Main 4.41 m x 4.24 m
Living room - Main 4 m x 4.75 m
Bedroom - Main 4 m x 3.76 m
Bedroom 2 - Main 4 m x 3.1 m
Bedroom 3 - Main 3.3 m x 3.07 m
Neighborhood Stats
Long Branch
  • $1,325,082 Average List Price
    based on 1 year
  • 47 New Listings
    based on 30 days
  • 72 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.15 % Up
  • Sold (12mo) 92
  • Rented (12mo) 88

  • 1 Month Change -1.4%
  • 3 Month Change -4.9%
  • 6 Month Change +17.7%
Walkscore
Property Type Distribution
  • All Houses
    79.2%
  • Commercial
    5.01%
  • Condo
    15.8%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 7
  • Basement Apartment In Basement
  • Fireplace False
  • Parking Detached Garage
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/09/2024 00:00:00
  • Agent Name: PETER POWERS,JASON SAMPSON
  • Last Updated: 17/09/2024 22:05:17
Open House Dates
Want to see this property?