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For saleMLS® W13771558

40 Dominion Road, Toronto, ON M8W 1J7

Long Branch · W06 · M8W 1J7

$1,749,000

$875 / sq ft

1 months on market

Bedrooms
6+2
Bathrooms
4
Interior
2,000 sf
Parking
7
Lot
45 × 150 ft
Age
51-99 years

What's special

  • Detached garage
  • Basement apartment

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About this property

ATTENTION INVESTORS! Turnkey, fully leased 4-unit multi-residential investment in the heart of Long Branch! VACANT POSSESSION IS POSSIBLE ON 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 WITH STRONG POTENTIAL FOR GARDEN SUITE

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
6 + 2
Bathrooms
4
Interior size
2,000 sq ft
Year built
51-99
Lot size
45 × 150 ft
Zoning
RM (u4) (x2)
Possession
TBD

Interior

Basement
Apartment
Heating
Forced Air · Gas
Exposure
South

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
7
Sewer
Sewer

Costs

List price
$1,749,000
Property taxes
$7,256 / year (2026)
Price per sq ft
$875

Listing

MLS® number
W13771558
Status
For sale
Listed
September 11, 2026
Days on market
55
Last updated
October 29, 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 51% of comparable multiplex listings in Toronto are asking less.

$977KMedian $1.74M$2.97M
This home
$875 / sq ft
Comparable median
$835 / sq ft

Based on 96 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $349,800
$349,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,736.42
Property tax (est.)
$604.67
Estimated monthly
$8,341

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$31,455
Toronto municipal
$31,455
Total due on closing
$62,910

An estimate on the asking price of $1,749,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,749,000

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