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2898 LAKE SHORE BOULEVARD W, Canada, Toronto (New Toronto)

$2,690,000.00
Property ID: 28519004

2898 LAKE SHORE BOULEVARD W, Toronto (New Toronto), Canada

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2 Car Parking
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3789 Sq Ft

Description:

Exceptional Investment Property Located In The Heart Of Rapidly Growing New Toronto. This Fully Tenanted, Turnkey Building Features All Premium Commercial Tenants Across Both The Main And Second Floors, Offering Stable Income With No Residential Tenant Concerns. Each Unit Has Been Recently Renovated Or Is In Excellent Condition, With Top-Of-The-Line Mitsubishi Heat Pump Systems Throughout For Energy-Efficient Climate Control And Reduced Heating Costs. All Units Are Separately Metered For Hydro. Ideally Situated Just Steps From Transit, Parks, And The Waterfront, This High-Exposure Corner Site Is Perfectly Positioned For Future Mid-Rise Redevelopment With Potential For Ground-Floor Retail And 2530 Residential Units Above. Attractive Opportunity For Developers Seeking Cmhc Financing And Investors Targeting Strong Roi In A Dynamic And Appreciating Neighborhood. (id:52163)

Property Summary:

  • Property type: Retail
  • Building type: Residential Commercial Mix
  • Square Footage: 3789 sqft
  • Community Name: New Toronto
  • Annual Property Taxes: $19805.56
  • Garage: 2

Properties Amenities

  • Laundry
  • Window Covering

Location & Google Maps

  • Address: 2898 LAKE SHORE BOULEVARD W
  • Country: Canada
  • Province/State: Ontario
  • City/Town: Toronto (New Toronto)
  • Neighborhood: Canada
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