$7,550,000
2847 Lake Shore BLVD W Toronto W06, ON M8V 1H8
2
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$7,550,000
Est. payment /mo
10,988 SqFt
Active
2847 Lake Shore BLVD W Toronto W06, ON M8V 1H8
UPDATED:
09/27/2024 09:14 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,988 sqft
Price per Sqft $687
MLS Listing ID W9244138
Annual Tax Amount $39,992
Tax Year 2024
Property Description
MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block.
Location
Province ON
County Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Parking Type Outside/Surface
Others
Security Features Yes
Listed by INTERNATIONAL REALTY FIRM, INC.
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