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Last Updated : 35 Days ago
2847-53 Lake Shore Blvd W, Toronto, Ontario, New Toronto
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2847-53 Lake Shore Blvd W, Toronto MLS Number: W8032224

New Toronto, Toronto, ON, M8V 1H8

$9,950,000

Status: For Sale

  • Property Type: Commercial (Commercial)
  • Property Taxes : $52825.00 (Tax Year:2023)
  • Listing Courtesy : International Realty Firm, Inc.

2847-53 Lake Shore Blvd W Property Description

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 yearsThe 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 rooms6 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: 2847-2853 Lake Shore Blvd W.

2847-53 Lake Shore Blvd W Property Facts

Property Type :Commercial
MLS Number :W8032224
Listing Type :Sale
Possession Date :
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Last Updated :02 Oct, 2024 (35 Days ago)
Source :TRREB
Area :Toronto
Postal Code : M8V 1H8
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2847-53 Lake Shore Blvd W Property Price & Tax Insights

Price : $9,950,000
Property Taxes :$52825.00
Tax Year :2023

2847-53 Lake Shore Blvd W, Toronto Property Details

Cross Street :Fourth St
Fireplace/Stove :No

2847-53 Lake Shore Blvd W, Toronto - Price History

2024-08

07 Aug, 2024

TREB #W9244138

Available

$7550000.0

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  • 24
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FAQs: 2847-53 Lake Shore Blvd W, Toronto

  • Q:What is the Area Size of the 2847-53 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 W8032224 and the Project is located in Ontario, Canada
  • Q: Does this Project 2847-53 Lake Shore Blvd W available for Sale ?

    A: The project 2847-53 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 2847-53 Lake Shore Blvd W is Offering?

    A:Square Yards is giving a Cashback of $49,750 if you buy this property from us, however there are several key features offered by the 2847-53 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 2847-53 Lake Shore Blvd W, Toronto?

    A: 2847-53 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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