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Property Feature Sheet
 
 
 
Asking Price: $1,749,000

MLS®: W13771522
Intersection: Dominion Road & Thirty-Sixth Street
Municipality: Toronto W06
Area/Region: Toronto
Address: 40 Dominion Road
Taxes: $7,256.08
Bathrooms: 4
Laundry: Main Floor
Basement:
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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Royal LePage Real Estate Services Ltd., Brokerage
3031 Bloor Street West - Toronto, Ontario, M8X 1C5
Office (416) 236-1871       Fax (416) 239-5493       Cell (416) 577-0117

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