6 Lake Shore Drive, Toronto | Image 1

6 Lake Shore Drive

Toronto, New Toronto

  • Commercial

$2,600,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: RM (d1*480)

  • Age: No Data

  • Taxes: 10145.45

  • MLS®#: W11916449

  • Days on Site: 2 Days

  • Added: Jan 07, 2025 (1 week ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Located on a quiet cul de sac across the road from the Lake in New Toronto. A well-managed and maintained sixplex with two 2-bedroom units and four 3-bedroom units. There are 7 surface parking spaces, separate hydro meters, coin-op laundry, Upgraded gas boiler, and windows. High-demand area with transit, schools, parkland, and Lake all within minutes of the location. A great investment opportunity with lots of upside. The property is being sold in conjunction with 8 Lake Shore Dr (11 units) on MLS.

Extras

Property is for sale in conjunction with an 11 unit building at 8 Lake Shore Dr on MLS

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Net Income: 97311

  • Area: Toronto

  • Community: New Toronto

  • Availability Date: TBA

Inside

  • Bathrooms: 6

  • Air Conditioning: N

  • Washrooms: 6

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Hot Water

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 7

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 2 &LOY 3, PL 1783, AS IN TB948635; ETOBICOKE.CI

  • Taxes: $10,145

  • Expenses: Act

  • Operating Fees: 33945

  • Taxes Type: Annual

  • Tax Year: 2024

Land

  • Cross Street: Lake Shore Dr/ First

  • Municipality District: Toronto W06

  • Parcel Number: 076120079

  • Sewer: Sanitary

  • Lot Depth: 99.6 Feet

  • Lot Frontage: 82.87 Feet

  • Lot Irregularities: 48 FT x 30 x 35 x 104

  • Zoning: RM (d1*480)

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/6_lake_shore_dr_toronto_on

Commercial Specific

  • Sprinklers: N

  • Total Area: 6899

  • Total Area Metric: Sq Ft

  • Area Influence: Grnbelt/Conserv

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Building Percent: 80

  • Financial Statement: Y

  • Gross Income/Sales: 131256

JK-5

George R Gauld Junior School

Elementary: Public
2.12 km
JK-5

Seventh Street Junior School

Elementary: Public
0.54 km
JK-8

St Teresa Catholic School

Elementary: Catholic
0.95 km
JK-8

St Leo Catholic School

Elementary: Catholic
1.44 km
JK-8

Second Street Junior Middle School

Elementary: Public
0.35 km
JK-8

John English Junior Middle School

Elementary: Public
1.18 km
9-12

The Student School

Secondary: Public
6.42 km
9-12

Lakeshore Collegiate Institute

Secondary: Public
1.72 km
9-12

Etobicoke School of the Arts

Secondary: Public
3.29 km
9-12

Etobicoke Collegiate Institute

Secondary: Public
5.74 km
9-12

Father John Redmond Catholic Secondary School

Secondary: Catholic
1.68 km
9-12

Bishop Allen Academy Catholic Secondary School

Secondary: Catholic
3.66 km
For Sale
2 months ago
$3,195,000
  • 0 bath
  • 0 bed

28A Third Street, Toronto, Ontario • M8V 2X6 • New Toronto

For Sale
1 week ago
$2,900,000
  • 11 bath
  • 0 bed

8 Lake Shore Drive, Toronto, Ontario • M8V 1Z1 • Mimico