Active

2847 LAKE SHORE BOULEVARD W

Toronto (New Toronto) Ontario, M8V1H8

C$7,550,000


C$687.11 per sqft

Active

10,988 sqft

Commercial

 Courtesy of INTERNATIONAL REALTY FIRM, INC. 

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. (id:41202)

W9244139

MLS ID

September 17, 2024

Updated

Map

2847 LAKE SHORE BOULEVARD W
Toronto (New Toronto) Ontario, M8V1H8

Interior Features

Appliances

Furniture


Fireplace

No


Cooling

Yes


Cooling Description

Fully air conditioned


Heating

Yes


Heating Description

Forced air, Natural gas

Exterior/Building Features

Other Property Details

Garage

No


View

No


Pool

No

Courtesy of INTERNATIONAL REALTY FIRM, INC.

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