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BEDROOMS5
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ROOMSW8311040
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-06 | 2024-05-24 | 18 | $1,999,000 | $1,900,000 | Sold |
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Property Description
An Amazing Investment Opportunity! Meticulously Maintained, Pristine Sun-Filled Apartments, Legal 4 Plex With 5 Units, 4 X 1 Bedroom And 1 X 2 Bedrooms In The Heart Of Mimico. Fully Rented To Excellent Tenants. Huge 55 X 151 Foot Lot, Steps To Ttc, Walk To Mimico Go Station, Lake Ontario, And Shopping On Lakeshore And Royal York. Coin-Op Laundry, Storage Lockers, Private Drive And Parking For 5 Cars. The Building Gleams With Pride Of Ownership.
Nearby Intersections
Lake Shore & Park Lawn (182)
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Similar Listings
Welcome to 40 Dominion Rd, an Incredible Rare Investment Opportunity Located South Of Lake Shore Blvd in the Heart of Long Branch. Steps away from the Long Branch GO Station, Marie Curtis Park, Trendy Shops and Major Highways with Direct access from Browns Line to Sherway Gardens, 427 and QEW/Gardiner. The Property Sits on a Very Large 45 x 150 ft Deep exterior Lot with an incredible Detached Double Garage complete with Electricity and Expansion Potential. This legal Triplex has 4 rentable units, including 2 very large 3-bedroom apartments on the 1st and 2nd floor, with an additional 2 lower units, each with 1 Bedroom and a large Kitchen/Living area. The Basement is complete with coin laundry and all windows are above grade. The unit has an excellent financial profile and a fantastic net operating income. If you are looking for a great return on investment with additional future upside Potential, Then Look no further, Your dream investment opportunity is here! **EXTRAS** This Property Also Qualifies For A 1290 sq ft Garden Suite Which Would Increase the Income and Value To The Owner. Property has a 4.5% cap rate.
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