2898 Lake Shore Boulevard W, Toronto
- Living area: 3789 square feet
- Type: Commercial
- Added: 1 month ago
- Updated: 3 weeks ago
- Last Checked: 1 week ago
- Listed by: RE/MAX PREMIER INC.
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Listing description
This Commercial listing at 2898 Lake Shore Boulevard W Toronto, ON with the MLS Number w12293147 listed by RAY REZAPOOR - RE/MAX PREMIER INC. on the Toronto market 1 month ago at $2,690,000.
Exceptional investment property located in the heart of rapidly growing New Toronto. This fully tenanted, turnkey building features all premium commercial tenants across both the main and second floors, offering stable income with no residential tenant concerns. Each unit has been recently renovated or is in excellent condition, with top-of-the-line Mitsubishi heat pump systems throughout for energy-efficient climate control and reduced heating costs. All units are separately metered for hydro. Ideally situated just steps from transit, parks, and the waterfront, this high-exposure corner site is perfectly positioned for future mid-rise redevelopment with potential for ground-floor retail and 25-30 residential units above. Attractive opportunity for developers seeking CMHC financing and investors targeting strong ROI in a dynamic and appreciating neighbourhood (id:1945)
Property Details
Key information about 2898 Lake Shore Boulevard W
Exterior & Lot Features
Learn about the exterior and lot specifics of 2898 Lake Shore Boulevard W
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Nearby Listings Stat Estimated price and comparable properties near 2898 Lake Shore Boulevard W
Active listings
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Min Price
$1,750
Max Price
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Avg Price
$1,045,325
Days on Market
55 days
Sold listings
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Min Sold Price
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Max Sold Price
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Avg Sold Price
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Days until Sold
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Nearby Places Nearby schools and amenities around 2898 Lake Shore Boulevard W
Colonel Sam Smith Park
(1.4 km)
3145 Lake Shore Blvd W, Toronto
Price History
July 18, 2025
by RE/MAX PREMIER INC.
$2,690,000
