2847-53 LAKE SHORE BOULEVARD W, Toronto (New Toronto), ON, M8V1H8

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$9,950,000
328 Days On Site

2847-53 LAKE SHORE BOULEVARD W
Toronto (New Toronto), ON M8V1H8

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
13,850
SqFt
$718
/SqFt

Built
Subdivision:
New Toronto
County:
Call Now: 905-922-7920
Is this the home for you? We can help make it yours.
905-922-7920
2847-53 LAKE SHORE BOULEVARD W
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Monthly Payment (Est.)

$45,396
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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 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. **** EXTRAS **** 1st Floor: 7,850 SF / 4 retail units\n2nd Floor: 6,000 SF / Hotel / Rooftop Patio\nBasement: 7,850 SF / ~3,000 SF leased as retail unit\nRoof top HVAC / New roof\nMarketing package available upon request. Tours by appt (id:31684)

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Listing Snapshot
Price 
$9,950,000
Days On Site 
328 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,850 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
W8032224
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
7 months agoPrice changed to $9,950,000
11 months agoListing first seen on site
General Features
Property Sub Type 
Retail
SqFt Total 
13850
Interior Features
Cooling 
Heating 
Forced AirNatural Gas
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Exterior Features
Frontage 
101 ft

Listing courtesy of: DANNY SHVARTSMAN of INTERNATIONAL REALTY FIRM, INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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