$2,690,000
Available - For Sale
Listing ID: W12244513
2898 Lake Shore Boul West , Toronto, M8V 1J2, Toronto
| Exceptional Investment Property Located In The Heart Of Rapidly Growing New Toronto. This Fully Tenanted, Turnkey Building Features All Premium Commercial Tenants Across Both The Main And Second Floors, Offering Stable Income With No Residential Tenant Concerns. Each Unit Has Been Recently Renovated Or Is In Excellent Condition, With Top-Of-The-Line Mitsubishi Heat Pump Systems Throughout For Energy-Efficient Climate Control And Reduced Heating Costs. All Units Are Separately Metered For Hydro. Ideally Situated Just Steps From Transit, Parks, And The Waterfront, This High-Exposure Corner Site Is Perfectly Positioned For Future Mid-Rise Redevelopment With Potential For Ground-Floor Retail And 2530 Residential Units Above. Attractive Opportunity For Developers Seeking Cmhc Financing And Investors Targeting Strong Roi In A Dynamic And Appreciating Neighborhood. |
| Price | $2,690,000 |
| Taxes: | $19805.56 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 2898 Lake Shore Boul West , Toronto, M8V 1J2, Toronto |
| Postal Code: | M8V 1J2 |
| Province/State: | Toronto |
| Legal Description: | PT LT 397, PL 1043, AS IN CA332962; ETOB |
| Directions/Cross Streets: | LAKE SHORE BLVD W/ISLINGTION AVE. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 3789.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 900 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX PREMIER INC. |
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CJ Gidda
Sales Representative
Dir:
647-289-2525
Bus:
905-364-0727
Fax:
905-364-0728
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto W06 |
| Neighbourhood: | New Toronto |
| Tax: | $19,805.56 |
| Fireplace: | N |
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