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40 Dominion Rd, Etobicoke, ON

Name: 40 Dominion Rd, For Sale in Etobicoke - eXp Realty
Brand: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
SKU: W13771558
Price: 1749000 CAD

House

For Sale

$--,---,---

845

MLS® W13771558

Property Details
Map

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.Show Description

Key Facts

Type Multi Family

Levels Residential

Size -

Garage Detached

Taxes $7,256

Days Active 0

Lot Size 6759

MLS® Number W13771558

Central VacNo

FireplaceNo

GarageDetached

BasementApartment

DrivewayGarage Type:Detached

HeatGas, Forced Air

A/CNone

Additional Information

Zoning RM (u4) (x2)

Roofing Flat

Siding Brick

Sewage System Public Sewer

Landscaping Park

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