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$1,749,000 Sale
Listed 31 days ago
40 Dominion Road
· 6+2
· 4
· 7
· 2000-2500
Listing History
Buy/Sell/Terminated/Expired listing history for 40 Dominion Road
Key Facts
Key facts for 40 Dominion Road
Property Type
Apartment, 2-Storey
Parking
Detached 2 garage, 7 parking
MLS #
W13771558
Size
2000-2500 sqft
Basement
Apartment
Listed on
2026-09-11
Lot size
45 x 150.0
Tax
$7,256.08 /yr
Days on Market
32
Approximate Age
51-99
Maintenance Fee
-
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.
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Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.