2961 Lake Shore Blvd W Toronto, Ontario M8V 1Y5
$3,490,000
Fantastic Building In Fantastic Location. Commercial Unit Below With 4 Apartments Above. HUGE BASEMENT with More Residential Possible. All Separately Metered and Renovated. Located In The ""New Toronto Development Area"" On Lakeshore Blvd W. Close To 2 New Condo Projects, Walking Distance To Humber College(Potential Tenants) & To The Lake. Surrounded With 15-20 Condo Towers Existing And Future Builds Along Lakeshore With Skyline Views. Successful Restaurant Below With Fully Licensed LLBO. Potential To Build Additional Stories Above. Excellent Cap Rate of 3.5%. With Huge Upswing Potential.**** EXTRAS **** Three 1 Bedroom Units 1 Bachelor Unit. All Units Have Been Recently Renovated With Hardwood Flooring/New Appliances, Roof Done In 2014. Parking For Two Cars In The Back With Plenty Of Street Parking. (id:26892)
Property Details
| MLS® Number | W5957748 |
| Property Type | Business |
| Community Name | New Toronto |
| Amenities Near By | Highway, Public Transit |
| Parking Space Total | 2 |
Building
| Cooling Type | Partially Air Conditioned |
| Size Interior | 6,350 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Irregular | 36 X 100 Ft |
| Size Total Text | 36 X 100 Ft |
https://www.realtor.ca/real-estate/25558476/2961-lake-shore-blvd-w-toronto-new-toronto
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