40 Dominion Rd

About this Property

ATTENTION INVESTORS! Turnkey, fully leased 4-unit multi-residential investment in the heart of Long Branch! VACANT POSSESSION IS POSSIBLE ON THE UPPER 2 UNITS. 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. NOTE: OVERSIZED LOT SIZE WITH STRONG POTENTIAL FOR A GARDEN SUITE.

Listing Details

MLS #

W13771522

Board

PROPTX

Market

ontario

Property Type

Investment

Style

Apartment

Year Built

51-99

Garage

Double Detached

Parking Spaces

7

Basement

Y

Heating

Gas Forced Air Closd

Cooling

N

Lot Size

45 × 150 ft

Annual Taxes

$7,256/yr

Listed By

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listed On

September 11, 2026