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Multiplex · Listed 12 days ago

40 Dominion Toronto,ON M8W 1J7

Toronto, ON, Canada

6 Beds4 Baths2,500–2,500 sqft0 Built

List price

$1,749,000

Why This Property?

Turnkey 4-unit investment in Long Branch with 6 bedrooms, 4 baths, about 2,382 sq. ft. above grade, and a 6,759 sq. ft. lot. Includes a double detached garage, 5 rear parking spaces, and coin laundry. Close to Long Branch GO, TTC buses, lakefront parks, schools, shopping, and dining.

Facts & Features

Highlights

  • parking
  • garage

Bedrooms & bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full: 4
  • Half: 0

Living Area

  • 2,500–2,500 sqft

Stories

Lot size

  • 0.155 acres

Year built

  • 0

Property type

  • Multiplex

Standard status

  • Active

Cooling

Heating

View

    Utilities

      Water / Sewer

      About This Property

      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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      Listing Broker

      ROYAL LEPAGE REAL ESTATE SERVICES LTD.

      MLS® TRREB · Listing #W13771558

      Frequently Asked Questions

      Everything you need to know about valuing and buying with RealOrca.

      Which transit options are close to this Long Branch multiplex?
      Long Branch GO Station is nearby, and the area also has TTC bus connections.
      What schools and parks are noted near the property?
      Area context names James S. Bell Junior Middle School, Twentieth Street Junior School, The Holy Trinity Catholic School, Lakeshore CI, plus Colonel Samuel Smith Park and Marie Curtis Park.
      What is a multiplex home in Toronto?
      A multiplex is a residential property with multiple self-contained units in one building, such as a duplex, triplex, fourplex, or larger multi-unit home. In Toronto, multiplexes are often used for owner-occupancy with rental income, full rental investment, or multi-generational living.
      What should buyers look for when purchasing a multiplex in Toronto?
      Buyers should review the number and layout of units, separate entrances, parking, building condition, and whether the property has been renovated or well maintained. It is also important to understand zoning, permitted uses, and any rental or retrofit considerations before making an offer.
      Are multiplexes in Toronto typically close to transit?
      Many multiplexes are located in established neighbourhoods with access to TTC bus, streetcar, and subway routes, and some are also convenient to GO Transit corridors. Transit access can be a major advantage for tenants and owners who want strong commute options.
      What kinds of neighbourhood features are common near Toronto multiplexes?
      Multiplexes are often found near schools, parks, community centres, libraries, shops, and local amenities that support day-to-day living. Because Toronto has citywide access to public green space and community services, many multiplex locations offer a practical urban lifestyle.