106 Lakeshore Dr

FOR SALE
$2,900,500
Terminated
$0
106 Lakeshore Dr, Etobicoke
106 Lakeshore Dr
106 Lakeshore Dr
106 Lakeshore Dr
106 Lakeshore Dr
106 Lakeshore Dr
106 Lakeshore Dr
106 Lakeshore Dr
106 Lakeshore Dr
106 Lakeshore Dr
9
BEDROOMS
8
BATHROOMS
8
KITCHENS
25
ROOMS
W5634397
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-05-26 2022-06-30 35 $2,900,500 - Terminated
Property Description
Attn Builders/Developers. A Unique & Interesting Opportunity On One Of The Very Best Streets In Lakeshore Village. This Terrific Building Lot Includes An Old 8 Plex Building With A Net Income Of $72000/Year. Buy This Package Now, Keep The Old 8 Plex Without Renovating And Bring In $72000/Year For A Few Years, Then Knock Down, Divide The Lot And Build 2 New Homes Just Like They Did Next Door. *Important Note - The City Has Allotted The West Half Note - The City Has Allotted The West Half Of The Lot As 108 Lakeshore Drive.
Extras
8 Fridges, 8 Stoves, 1 Washer, 1 Dryer, 7X 1 Bedroom, 1X2 Bedroom, 8 Parking Spots. Gross Income (2021) & $98,822.04 Expenses (2021), $26708.93 Net Annual Income (2021) $72113.11
Nearby Intersections
Property Features
Lake/Pond, Park, Public Transit, Rec Centre
Property Details
Community
Property Type
Multiplex, 2-Storey
Lot Size
50' x 120'
Fronting
North
Taxes
$12,766 (2021)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
Similar Listings
294 Gerrard St E, Downtown Toronto
9+4
BEDS
8
BATHS
$3,300,000
FOR SALE
Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) with a 5.49% Cap Rate! This income-generating property features 6 beautifully renovated units, including two 2-bedroom apartments. All units have new decks, kitchens, furnaces, and updated plumbing, along with upgraded 200-amp service. The property is well-maintained with a young 8-year-old roof and 9-year-old boiler system, offering minimal maintenance and reliable cash flow. Prime Location & Development Potential: Situated at a high-traffic corner, this property is just a 30-second walk to TTC transit, offering excellent visibility and consistent rental income. With flexible commercial-residential zoning and future development potential, this is a turnkey, high-yield investment with value-add opportunities. Neighbour interest has been expressed, and the motivated seller presents a rare chance to capitalize on long-term capital appreciation. Don't miss this as-is, passive income opportunity!
2011 Eglinton Ave W, Toronto
9+3
BEDS
9
BATHS
$2,999,000
FOR SALE
This building is on Eglinton ave west where a future subway stop will be located with connections to every part of the city and beyond. It is a 2 storey, 14 unit apartment building comprised of 10 residential units and 4 main floor commercial/retail spaces. Municipal addresses are 2007, 2009, 2011 and 2013 Eglinton Ave West. Lot size is 6250 square feet. The building itself has 10,000 square feet of floor space. There are solar panels on the roof and there is a lower level full height basement. The property is being sold based on land and building value only.
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
1361001041