40 Dominion Rd, Toronto, Ontario M8W 1J7
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$787/sqft
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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.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces 2
Garage type Detached
Other parking spaces 5
Total parking spaces 7
Property History
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