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40 Dominion Rd

Dominion RdEtobicoke-LakeshoreTorontoON, M8W 1J7

8
Beds
4
Baths
$2,149,000
List Price
40 Dominion Rd, Toronto, ON - 1 of 3
40 Dominion Rd, Toronto, ON - 2 of 3
40 Dominion Rd, Toronto, ON - 3 of 3
62 days on market

Quick Summary

  • Incredible rare investment opportunity
  • Steps away from transit, park, shops
  • Large 45 x 150 ft deep exterior lot
  • Detached double garage with expansion
  • Legal triplex with 4 rentable units
  • Excellent financial profile and NOI
  • Potential for 1290 sq ft garden suite
  • 4.5% cap rate property

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... Show More

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! 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 Details

Size

Sq. Ft. Not Available
5 total rooms
8 Beds
6 Above Grade - 2 Below Grade
4 Baths

Parking

7 Parking Spaces
Detached

Build

Year Built
-
Model Name
-
Basement
Finished, Apartment
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
Laminate
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
None

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Rooms

Kitchen

13′10″ x 14′5″

Living

15′7″ x 13′1″

Br

12′4″ x 13′1″

2nd Br

10′2″ x 13′1″

3rd Br

10′0″ x 10′9″

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$6,838.16

Source

Listing Brokerage

MLS® Listing
W9349317
Last Updated
September 19, 2024
Brokerage
HARVEY KALLES REAL ESTATE LTD.
Call us 800-591-0566

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