Active
2847 Lake Shore Blvd W
Toronto Ontario, M8V 1H8
C$7,550,000
Active
Commercial
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.
W9244138
MLSⓇ ID
December 17, 2024
Updated
Map
2847 Lake Shore Blvd W
Toronto Ontario, M8V 1H8
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Gas Forced Air Closd
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
New Toronto
Taxes
$39,992
Tax Frequency
Annually
Garage
No
Parking
Outside/Surface
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Zoning
CR
Courtesy of Listed by , INTERNATIONAL REALTY FIRM, INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 10:35 AM UTC, 12/17/2024