2847 Lake Shore Boulevard West, Toronto | Image 1

2847 Lake Shore Boulevard West

Toronto, New Toronto

  • Commercial

$7,550,000
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: CR

  • Age: No Data

  • Taxes: 39992

  • MLS®#: W9244139

  • Days on Site: 51 Days

  • Added: Aug 07, 2024 (3 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: INTERNATIONAL REALTY FIRM, INC.

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.

Extras

1ST FLOOR: 5,900 SF / 3 retail units. 2ND FLOOR: 5,088 SF / 9-suite Hotel / Rooftop Patio / Exceptionally finished. BASEMENT: 5,900 SF / ~3,000 SF leased as retail unit. MARKETING PACKAGE available upon request. Tours by appointment only.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Accommodation

  • Area: Toronto

  • Community: New Toronto

  • Availability Date: Tenanted

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes: $39,992

  • Taxes Type: Annual

Land

  • Cross Street: Fourth St

  • Municipality District: Toronto W06

  • Lot Depth: 100 Feet

  • Lot Frontage: 61.45 Feet

  • Zoning: CR

Commercial Specific

  • Retail Area: 5900

  • Retail Area Metric: Sq Ft Divisible

  • Sprinklers: Y

  • Total Area: 10988

  • Total Area Metric: Sq Ft Divisible

  • Office Size: 5088

  • Office Size Metric: Sq Ft Divisible

  • Lot Code: Lot

Map of 2847 Lake Shore Boulevard West, Toronto
K-8

The Holy Trinity Catholic School

Elementary: Catholic
1.27 km
JK-5

Seventh Street Junior School

Elementary: Public
0.24 km
JK-8

St Teresa Catholic School

Elementary: Catholic
0.61 km
JK-8

St Leo Catholic School

Elementary: Catholic
1.53 km
JK-8

Second Street Junior Middle School

Elementary: Public
0.37 km
JK-8

John English Junior Middle School

Elementary: Public
1.33 km
Pre-Grade 9-12

Etobicoke Year Round Alternative Centre

Secondary: Public
5.36 km
9-12

Lakeshore Collegiate Institute

Secondary: Public
1.37 km
9-12

Etobicoke School of the Arts

Secondary: Public
3.29 km
9-12

Etobicoke Collegiate Institute

Secondary: Public
5.67 km
9-12

Father John Redmond Catholic Secondary School

Secondary: Catholic
1.37 km
9-12

Bishop Allen Academy Catholic Secondary School

Secondary: Catholic
3.65 km
2847 Lake Shore Boulevard West, Toronto | MLS: W9244138
For Sale
3 months ago
$7,550,000
  • 0 bath
  • 0 bed

2847 Lake Shore Boulevard West, Toronto, Ontario • M8V 1H8 • New Toronto

1 Blue Goose Street, Toronto | MLS: W10413148
For Sale
2 weeks ago
$6,900,000
  • 0 bath
  • 0 bed

1 Blue Goose Street, Toronto, Ontario • M8V 2R5 • Mimico