$7,550,000

2847 Lake Shore Blvd W

New Toronto, Toronto, Ontario, M8V 1H8

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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.

Property Info
MLS®: W9244139
Listing Courtesy of INTERNATIONAL REALTY FIRM, INC.
Total Bedrooms 0
Total Bathrooms 0
Basement Y
Floor Space 0 sq.ft.
Lot Size 6145 sq.ft.
Style other
Last Updated 2024-08-07
Property Type Investment
Listed Price $7,550,000
Unit Pricing $7,550,000/sq.ft.
Strata Fee $0.00
Tax Estimate $39,992/Year
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