2847-53 Lake Shore Blvd W

Toronto, M8V1H8
For Sale
$9,950,000
2847-53 Lake Shore Blvd W, Toronto
2847-53 Lake Shore Blvd W
2847-53 Lake Shore Blvd W
2847-53 Lake Shore Blvd W
2847-53 Lake Shore Blvd W
2847-53 Lake Shore Blvd W
Multi-Use
CATEGORY
13,850 Sq Ft
TOTAL AREA
W8032224
MLSID
Contact Us
Property Description
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 yearsThe 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 rooms6 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: 2847-2853 Lake Shore Blvd W.
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
Property Details
Category
Multi-Use
Zoning
Cr
Total Area
13,850 Sq Ft
Office/Apartment Area
6,000 Sq Ft
Retail Area
7,850 Sq Ft
Lot Size
101' x 100'
Taxes
$52,825 (2023)
Air Conditioning
Yes
Listing contracted with International Realty Firm, Inc.
Similar Listings
837 Dundas St W, Toronto
Multi-Use
$8,588,888
FOR SALE
Unique Opportunity To Own This Beautiful Corner Lot Building. On The Prime Section Of Trinity-Bellwoods.. This Building Has Three Apartment Units On Second Floor. With 10 Foot Ceilings. And One Commercial Unit On Street Level With Basement. All Three Floors Have 10 Foot Ceilings. The Second Floor Consisting Of Two, Two Bedroom Units, And One, One Bedroom Plus Den Unit. This Property Is Tenanted, Vacant Possession Is Possible.
955&957 Bloor St W, Toronto
Multi-Use
$7,950,000
FOR SALE
Located in Dovercourt Village the two buildings anchor the south-west corner of Bloor Street and Delaware Avenue, just sixty-six meters from the Bloor Subway, Delaware Entrance, Ossington Station across the street. Together 955 & 957 Bloor St West provide a contiguous parcel with Bloor Street frontage of 49.8 FT. and total lot area of 5,005.22 SF. The properties combined, provide eight (8) residential rental units on floors 2 & 3 and at street level two (2) commercial-retail units, with basements fronting Bloor Street. Permitted boulevard parking provides four (4) spaces along Delaware Avenue. The buildings are fully occupied. The mid-summer 2025 lease expiry of both street level C/R units, provides opportunity to conjoin the units, reposition the retail space upgrade tenant and rent, reflecting the larger space format with high visibility corner exposure.
962-974 Danforth Ave, Toronto
Multi-Use
$6,900,000
FOR SALE
Great Opportunity to purchase 4 adjacent properties on Danforth Ave., backing onto Donlands subway. Currently used as a licensed cafe, a bar and a tourist hotel. Numerous new development sites underway in the area. Owner willing to stay for a select period. Backing on to high vehicular and pedestrian traffic area. Very successful businesses with long term occupancy. Speak to L.A.
110-112 Sheppard Ave W, Toronto
Multi-Use
$6,595,000
FOR SALE
Zoning Approved Site for Mid Rise Condo Up To 60 units. All Conditions Has Been Met And The Site Is Ready To Be Built.
850 College St, Toronto
Multi-Use
$6,000,000
FOR SALE
An Exceptional Investment Opportunity Awaits On Prime College Street In Little Italy! This Well Constructed Mixed-Use Building Features A Commercial Unit On The Street Level And Six Residential Units Above. With Rear Laneway Access, The Property Offers Three Parking Spaces. Each Unit Is Separately Metered For Gas And Hydro, And All Are Equipped With Central Air Conditioning And Forced Air Gas Furnaces. The Third-Floor Units Boast Lofted Designs And Private Rooftop Terraces. The Building Includes A Full Basement And Both Front And Rear Staircases For Easy Access To All Floors. Hydro And Gas Meters Are Located In The Lower Level. Situated Close To Amenities, Cafes, Restaurants, Trendy Shops, And TTC Access, This Property Is Ideal For A Wise Investor.
1395 Gerrard St E, Toronto
Multi-Use
$6,000,000
FOR SALE
Prime Location in Leslieville, Toronto: Nestled in the vibrant and trendy Leslieville neighborhood, offering residents easy access to boutique shops, gourmet restaurants, lively cafes, public transportation, parks, and beaches. New Roof Installation: Recently installed high-quality, weather-resistant roofing ensures durability, enhanced energy efficiency, and long-term protection. New Furnace Installed: Recently upgraded with a high-efficiency furnace in 2022, ensuring reliable heating, reduced energy costs, and enhanced comfort for residents. Courtyard: Features a simple, functional courtyard, offering a practical outdoor space for residents to enjoy fresh air and casual gatherings. Convenient Transit Access: Just steps away from the 506 TTC Streetcar line, providing a quick and easy transportation option for residents.
624 Yonge St N, Toronto
Multi-Use
$5,900,000
FOR SALE
Prime 3 Storey Yonge St Property With Great Upside Available. Ideal for Investor or End User. Just Over a Total of 2000 Sq Ft of Mixed Use Retail Space. Property is Nestled in the Block with Great Upside For Development.
2191 Warden Ave, Toronto
Multi-Use
$5,779,000
FOR SALE
Freehold/Free Standing 3 Level Building On Warden Ave, Developing Potential. 5 Min Drive To 404, Great Oppotunity To Own One Of The Best Affordable Professional Retail Location Cr (H) Zoning, Located North Of Sheppard, Perfect For Educational & Training, Medical Building & Lawyer Office, Fully Renovated Top To Bottom, All Brand New,Fence, Roof, Asphalt, Ceramic Floor, Window & Door, Not A Commercial Condo, 25 Ground Parking & 6 In The Back, All Open Area Ready For Needs And Design.
849 Dundas St W, Toronto
Multi-Use
$5,688,888
FOR SALE
Great Opportunity To Invest In A Prime Location. Beautifull Sought After Trinity-Bellwoods. The Existing Tenant Is In A Lease Agreement Ending On June 30 2026.
3048 Dundas St W, Toronto
Multi-Use
$4,999,900
FOR SALE
Welcome to 3048/3046/3044 Dundas St W. This three-story mixed-use building sits on a prominent corner lot in the bustling Junction area. Main floor features two long-term commercial tenants, the popular Axis Bar and an art gallery. Upper two floors feature six residential units, each with their own laundry, furnace, and A/C. All tenants pay their own utilities. Residential units include three 2-bedrooms, two bachelors, and one 1-bedroom. Truly an exceptional opportunity for investors or future developers. Don't miss out on this gem in The Junction!
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1337163251