2847 Lake Shore Blvd W
Commercial/Retail | 0 | 0 | 0 sqft
$12,600,000
New Toronto,Toronto,Ontario, M8V 1H8
Properties with this icon are courtesy of TRREB.
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 earns NOI of $240,000 > 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 rooms 6 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. Also for sale with 2869 Lake Shore Blvd W >> own most of the block
School Name | Type | Grades | Catchment | Distance |
---|---|---|---|---|
{{ item.school_type }} | {{ item.school_grades }} | {{ item.is_catchment? 'In Catchment': '' }} | {{ item.distance }} |