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Last Updated : 57 Days ago
2802 Lake Shore Blvd W, Toronto, Ontario, New Toronto
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2802 Lake Shore Blvd W, Toronto MLS Number: W7276906

New Toronto, Toronto, ON, M8V 1H5

$1,375,000

Price drop by $64,000

Status: For Sale

  • Property Type: Commercial (Commercial)
  • Property Taxes : $16928.12 (Tax Year:2023)
  • Listing Courtesy : Cushman & Wakefield

2802 Lake Shore Blvd W Property Description

Notable corner between Royal York and Islington. 100% occupied by national tenant (Money Mart). Single storey building plus basement, with Committee of Adjustments Approval for 2nd & 3rd floor additions, with up to 8 self contained apartments. Potential to build with cash flow from retail tenant. Rental income $36,729/annum NET plus TMI, with current rent renewal in progress for 5 year option term. Great rear parking with large frontage and amazing corner exposure. Carefree net lease investment. Full height Lower Level is presently vacant & not included in Money Mart Lease. Lease out and increase NOI if separate entranceway to lower level built. Money Mart Lease Final Extension Renewed until March 2028 at rents averaging $59,200 per annum NET.

2802 Lake Shore Blvd W Property Facts

Property Type :Commercial
MLS Number :W7276906
Listing Type :Sale
Possession Date :
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Last Updated :10 Sep, 2024 (57 Days ago)
Source :TRREB
Area :Toronto
Postal Code : M8V 1H5
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2802 Lake Shore Blvd W Property Price & Tax Insights

Price : $1,375,000
Property Taxes :$16928.12
Tax Year :2023

2802 Lake Shore Blvd W, Toronto Property Details

Cross Street :Lake Shore W & Islington Ave
Fireplace/Stove :No

2802 Lake Shore Blvd W, Toronto - Price History

2024-09

10 Sep, 2024

TREB #W7276906

Available

$1375000.0

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FAQs: 2802 Lake Shore Blvd W, Toronto

  • Q:What is the Area Size of the 2802 Lake Shore Blvd W In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Toronto. The MLS No of this project is W7276906 and the Project is located in Ontario, Canada
  • Q: Does this Project 2802 Lake Shore Blvd W available for Sale ?

    A: The project 2802 Lake Shore Blvd W is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 2802 Lake Shore Blvd W is Offering?

    A:Square Yards is giving a Cashback of $6,875 if you buy this property from us, however there are several key features offered by the 2802 Lake Shore Blvd W. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 2802 Lake Shore Blvd W, Toronto?

    A: 2802 Lake Shore Blvd W, Toronto comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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