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.
W9244139
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
None
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Zoning
CR
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Data last updated 10:35 AM UTC, 12/17/2024