2847 LAKE SHORE BLVD W, Toronto
· 13850 sqft
$12,600,000
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. Full address: 2847-2857 Lake Shore Blvd W. Also for sale with 2869 Lake Shore Blvd W >> own most of the block. **** 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 / Enviro report available Marketing package upon request. Tours by app only
General Info
MLS Listing ID: W8032220 | Bedrooms: 0 | Bathrooms: 0 | Year Built: 0 |
Listing Type: Business | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
Foundation: N/A | Roof: N/A | Title To Land: N/A | Parking Space Total: 0 |
Parking: N/A | Heating: N/A | Size: 13850 sqft | Air Conditioning : Fully air conditioned |
Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: N/A |
Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
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- OFFICE
- 72 COPPER CREEK DR #101B MARKHAM, ONTARIO L6B0P2
- (416) 704-5300
- [email protected]
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