2847 LAKE SHORE BLVD W

Toronto

,

Ontario

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 (id:6355)

Listing ID: W8032220 Transaction Type: For sale Bedrooms: Bathrooms: Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: 101 x 100 FT Land Size Irregular: 101 x 100 FT Building Size Interior: 13850 sqft Building Utility Water: Municipal water Building Heating Type: Building Cooling Type: Fully air conditioned Building Fixture: Land Sewer: Storage Type: Courtesy Of: INTERNATIONAL REALTY FIRM, INC. Basement:

Your Name:
Email:	Phone:
Send me an occasional newsletter about properties in my area
No obligation. We value your privacy, and never share your information with anyone.

Community: New Toronto

Powered by GAVAMEDIA®