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2847 Lake Shore Boulevard W Toronto (New Toronto), Ontario M8V 1H8

10988 sqft
Fully Air Conditioned Forced Air

$7,550,000

MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block. **** EXTRAS **** 1ST FLOOR: 5,900 SF / 3 retail units. 2ND FLOOR: 5,088 SF / 9-suite Hotel / Rooftop Patio / Exceptionally finished. BASEMENT: 5,900 SF / ~3,000 SF leased as retail unit. MARKETING PACKAGE available upon request. Tours by appointment only. (id:31697)

Property Details

MLS® Number W9244138
Property Type Retail
Community Name New Toronto

Building

Appliances Furniture
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 10988 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 100 Ft
SizeFrontage 61 Ft ,5 In
SizeIrregular 61.45 X 100 Ft
SizeTotalText 61.45 X 100 Ft
ZoningDescription Cr

https://www.realtor.ca/real-estate/27264323/2847-lake-shore-boulevard-w-toronto-new-toronto-new-toronto

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