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!
Property Type:
Freehold
Freehold Type:
Multiplex
Home Style:
2-Storey
Depth:
150'45.7 m
Frontage:
45'13.7 m
Exposure:
North
Bedrooms:
6+2
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
2
Rooms:
10
Rooms Below Grade:
5
Heating type:
Forced Air
Heating Fuel:
Gas
Basement:
Apartment, Finished
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2
Parking Spaces:
5
Total Parking Spaces:
7
Driveway:
Pvt Double
Family Room:
Y
Possession Details:
TBD
Taxes:
$6,838.16 /
2024
Assessment:
$- /
-
Floor
Type
Size
Other
Main
Kitchen
14'6"4.41 m × 13'11"4.24 m
Double Sink, Ceramic Back Splash, Eat-In Kitchen
Main
Living
15'7"4.75 m × 13'1"4.00 m
Laminate, Large Window, O/Looks Frontyard
Main
Br
13'1"4.00 m × 12'4"3.76 m
Laminate, Picture Window, Closet
Main
2nd Br
13'1"4.00 m × 10'2"3.10 m
Laminate, Picture Window, Closet
Main
3rd Br
10'10"3.30 m × 10'1"3.07 m
Laminate, Picture Window
Floor
Ensuite
Pieces
Other
-
4
X2
-
3
X2
Long Branch
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.
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