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Est. payment /mo
New
40 Dominion RD Toronto W06, ON M8W 1J7
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Municipality Toronto W06
Subdivision Long Branch
MLS Listing ID W13771558
Style 2-Storey
Bedrooms 6
Annual Tax Amount $7,256
Tax Year 2026
Property Sub-Type Multiplex
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)
Rooms
Family Room No
Basement Apartment
Kitchen 4
Separate Den/Office 2
Interior
Interior Features None
Cooling None
Exterior
Parking Features Private Double
Garage Spaces 2.0
Pool None
Roof Type Flat
Lot Frontage 45.0
Lot Depth 105.0
Total Parking Spaces 7
Building
Building Age 51-99
Foundation Concrete Block
Others
Senior Community Yes
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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