LOADING

2847 Lake Shore Blvd W Toronto, Ontario M8V 1H8
MLS# W8032220 - Buy this house, and I'll buy Yours*

End Big Image
13850 sqft
Fully Air Conditioned

$12,600,000

EARN $786,000 / 101 ft corner property / 13,850 SF / 5 retail units / 11-room boutique Hotel operation. Amazing opportunity for cash flow investor (and hands on property manager and Landlord) The real estate earns stabilized NOI of $546,000 > growing to $583,000 in 5 years The Hotel operation earns NOI of $240,000 > has much upside in occupancy and cash flows. Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. Renovated top to bottom / new roof / new HVAC / renovated hotel rooms 6 onsite parking / parking along Lake Shore and Fourth St / Green-P Parking at Fifth St / Rear lane access. High traffic location / fronting 24 HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Full address: 2847-2857 Lake Shore Blvd W. Also for sale with 2869 Lake Shore Blvd W >> own most of the block. **** EXTRAS **** 1st Floor: 7,850 SF / 4 retail units 2nd Floor: 6,000 SF / Hotel / Rooftop Patio Basement: 7,850 SF / ~3,000 SF leased as retail unit Roof top HVAC / New roof / Enviro report available Marketing package upon request. Tours by app only (id:51158)

Property Details

MLS® Number W8032220
Property Type Business
Community Name New Toronto

About 2847 Lake Shore Blvd W, Toronto, Ontario


This For sale Property is located at 2847 Lake Shore Blvd W Business set in the community of New Toronto, in the City of Toronto Business bedroom(s), bath(s) . 2847 Lake Shore Blvd W heating and Fully air conditioned. This house features a Fireplace.

.

This Toronto

The Current price for the property located at 2847 Lake Shore Blvd W, Toronto is $12,600,000 and was listed on MLS on :2024-04-03 03:07:29

Building

Cooling Type Fully Air Conditioned
Size Interior 13850 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular 101 X 100 Ft
Size Total Text 101 X 100 Ft

https://www.realtor.ca/real-estate/26462420/2847-lake-shore-blvd-w-toronto-new-toronto

Interested?

Get More info About:2847 Lake Shore Blvd W Toronto, Mls# W8032220


Your Favourites

 

No Favourites Found