2847 Lake Shore Blvd W, Toronto
2847 Lake Shore Blvd W, Toronto
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6 Photos
- Living area: 13850 square feet
- MLS®: w8032224
- Type: Commercial
- Added: 109 days ago
Property Details
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
Property Information
- Cooling: Fully air conditioned
- Living Area: 13850
- Photos Count: 6
- Water Source: Municipal water
- Street Dir Suffix: West
- Tax Annual Amount: 52825
- Lot Size Dimensions: 101 x 100 FT
- Extras: 1st Floor: 7,850 SF / 4 retail units 2nd Floor: 6,000 SF / Hotel / Rooftop Patio Basement: 7,850 SF / ~3,000 SF leased as retail unit Roof top HVAC / New roof Marketing package available upon request. Tours by appt (id:1945)
Features
- Other: 1st Floor: 7,850 SF / 4 retail units 2nd Floor: 6,000 SF / Hotel / Rooftop Patio Basement: 7,850 SF / ~3,000 SF leased as retail unit Roof top HVAC / New roof Marketing package available upon request. Tours by appt, Chattels Included, Office/Apt Area: 6000 Sq Ft Divisible, Retail Area: 7850 Sq Ft Divisible, Sprinklers
- Cooling: Air Conditioning
- Heating: Gas Forced Air Closd
- Sewer/Water Systems: Water Source: Municipal
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