2802 Lake Shore Blvd W

Toronto W06 | New Toronto | M8V 1H5
  • 2692.0 sqft
  • 0 gar

Ask: $1,439,000 $1,375,000

Est. Mtg $4,662 /mo
  • Days on market

    335

  • Status

    U

Listing Broker CUSHMAN & WAKEFIELD
Since listed: 3 views

Home details

MLS #:

W7276906

Property type:
Commercial/Retail
Style:
Taxes:
$16,928
Possession:
Immediate
Condo Fee:
Lot Size:
24.53 X 100.14
Zoning:
Commercial Retail
Use:
Heat:
Gas Forced Air Open

Description


2802 Lake Shore Blvd W, , Toronto, Ontario is a Commercial/Retail property in Toronto W06 and in the New Toronto community in the M8V 1H5 postal code


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..

Extras

Steps to Humber College and direct access to Gardiner Exp. Growing node surrounded by new residential developments and popular neighbourhood retail..



Payment calculator

$6073 monthly. In association with: TD Bank
%
  • Principal and Interest
    4662 /mo
  • Property Taxes
    $1410 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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