2847 Lake Shore Blvd W

Toronto W06 | New Toronto | M8V 1H8
  • 10988.0 sqft
  • 0 gar

$7,550,000

Est. Mtg $25,600 /mo
  • Days on market

    61

  • Status

    A

Listing Broker INTERNATIONAL REALTY FIRM, INC.
Since listed: 1 views

Home details

MLS #:

W9244138

Property type:
Commercial/Retail
Style:
Taxes:
$39,992
Possession:
Tenanted
Condo Fee:
Lot Size:
61.45 X 100.0
Zoning:
CR
Use:
Heat:
Gas Forced Air Closd

Description


2847 Lake Shore Blvd W, , Toronto, Ontario is a Commercial/Retail property in Toronto W06 and in the New Toronto community in the M8V 1H8 postal code


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..

Extras

1ST FLOOR: 5,900 SF / 3 retail units. 2ND FLOOR: 5,088 SF / 9-suite Hotel / Rooftop Patio / Exceptionally finished. BASEMENT: 5,900 SF / ~3,000 SF leased as retail unit. MARKETING PACKAGE available upon request. Tours by appointment only..



Payment calculator

$28933 monthly. In association with: TD Bank
%
  • Principal and Interest
    25600 /mo
  • Property Taxes
    $3332 /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

Jim Millis, Realtor

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