Matthew Tenk
Broker of Record
40 Dominion Road Toronto (Long Branch), 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:39551)
Property Details
| MLS® Number | W9349317 |
| Property Type | Multi-family |
| Community Name | Long Branch |
| Parking Space Total | 7 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 8 |
| Appliances | Dryer, Refrigerator, Stove, Washer, Window Coverings |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a (finished) |
| Exterior Finish | Brick |
| Fireplace Present | No |
| Flooring Type | Laminate |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 150 Ft |
| Size Frontage | 45 Ft |
| Size Irregular | 45 X 150 Ft |
| Size Total Text | 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
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Toronto Real Estate Board
Harvey Kalles Real Estate Ltd.
October 16 2024 05:28:44
