For Sale $1,595,000 - Plexes, Residential
18 Dominion Road
3 Suite Long Branch Investment Property
Duplex with additional Basement Apartment
Huge Suites-Approx 1,200 square feet in Main and Upper
Private Drive with 2 Car Limo Length Garage / additional 3 Car Surface Parking
Large 46.5 by 150 foot lot with Huge Rear Yard
Short walk to: Lake, Shopping, Restaurants, Parks, Schools
Income Statement
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Suite         Rent                           Bdrms
***** Â Â Â Â Â Â ********Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â *******
Upper:Â Â Â Â Â Â $ 2,700 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 3 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Apr 1, 24: $ 2,767.50
Main:Â Â Â Â Â Â Â Â $ 1,335 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 2 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â May 1 anniversary
Lower:Â Â Â Â Â Â $ 1,332.50Â Â Â Â Â Â Â Â Â 2
Gross Yearly Rent                                                    $ 64,410
Laundry (approx)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $Â Â 1,500
Gross Yearly Income                                               $ 65,910
Expenses
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Property Taxes:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $ 5,737 (2023)
Enbridge: Gas, 2 Furnace
and 2 Water Tank Rentals   $ 4,311 (Dec 22 – Dec 23)
Water – Waste                    $ 2,663 (Dec 22 – Dec 23)
Common Hydro                   $ 1,142 (Dec 22 – Dec 23)
Insurance                            $ 3,770
Grass Cutting and
Snow Removal                    $ 3,000
Cleaning                              $ 1,200
Yearly Expenses                                                      ($ 21,823)
Net Yearly Income                                                   $ 44,087
$ 1,595,000
**Property is sold conditional on Financing until January 31, 2024**
