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:55598)
- MLS® W8032224
- Date Listed01/30/2024
- Days on Realty 326 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision New Toronto
- Property Type Other
- Water Public
- Square Feet 13,850 sq. ft
- Price Per Sq. Ft $718.41
Interior Features
- Cooling Fully Air Conditioned
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
72/100
Very Walkable
Walk Score ®
62/100
Good Transit
Transit Score ®
78/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
4 nearby routes: 2 bus, 2 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 72/100, Transit Score: 70/100, Bike Score: 71/100.
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Frequently Asked Questions for 2847 53 LAKE SHORE BOULEVARD W
Source: Realty.com
2847 53 LAKE SHORE BOULEVARD W, Toronto (New Toronto), ON M8V1H8 is a Other, Commercial Sale property listed for $9,950,000 The property is 13850 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 2 photos of 2847 53 LAKE SHORE BOULEVARD W.
The full address for this home is 2847 53 LAKE SHORE BOULEVARD W, Toronto (New Toronto), ON M8V1H8.
2847 53 LAKE SHORE BOULEVARD W has been listed on Realty.com since Tue January 30, 2024
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 72/100, Transit Score: 70/100, Bike Score: 71/100.
Listing provided courtesy of:
INTERNATIONAL REALTY FIRM, INC.
(tel: (647) 313-3400)
Listing agent:
DANNY SHVARTSMAN
(tel: (416) 990-2525)
This content last refreshed on 2024-12-21 03:20:50. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.