$1,749,000
Est. payment $7,744/moCalculate yours
40 Dominion Road, Toronto, ON M8W 1J7
Long Branch, Etobicoke, ON M8W 1J7
- 6 + 2 Beds
- 4 Baths
- 2 Garage
- 2,000 Sq Ft
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. MLS® W13771558
About this home
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
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 2,000 sqft
Interior
- Bedrooms
- 6 + 2
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Flat
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 45 x 150 Feet
- Parking
- Detached garage · 7 total
- Zoning
- RM (u4) (x2)
Financial
- Property Taxes
- $7,256 (2026)
Location
- Neighbourhood
- Long Branch
- Cross Street
- Dominion Road & Thirty Sixth Street
- Direction Faces
- South
Listing
- MLS® Number
- W13771558
- Days on Market
- 37
- Listed On
- 2026-09-11
- Possession
- TBD
- Listed By
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Features
Interior
- None
Property
- Park
- Place Of Worship
- Public Transit
- School
Pool
- None
Mortgage calculator
Estimated mortgage payment
$7,744 per month
- Principal and interest
- $7,744
- Property tax
- $605
- Condo fees
- $0
- Estimated monthly cost
- $8,349
Your mortgage
- Mortgage amount
- $1,399,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $924,058
Cash to close
- Down payment
- $349,800
- Land transfer tax (Ontario + Toronto)
- $62,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $412,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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