$1,990,000 FOR SALE

Investment

Lot: 30.06 x 100.09 ftTotal Area: 6,000 ft2
2023 Taxes: $17,238.04

3039 Lake Shore Blvd W
Toronto, ON M8V 1K5 | New Toronto

This beautiful 6,000sq ft mixed use building in the heart of New Toronto offers 2,583 sq ft ground floor retail unit (with functional basement not included in sq ft) with 30ft frontage with floor to ceiling windows, currently tenanted, 5 legal residential units (100% tenanted), upgrades throughout, ample street parking. Surrounded by boutique shopping, parks, family homes and minutes from Lake Ontario. AAA Retail Tenant on ground floor/basement, Five total residential units on second floor (4 bachelor, 1 two-bedroom), 2 bachelor units vacant looking for tenant's at $1600/month. This is a completely Turn key investment property.

Extras
Existing exhaust hood for restaurant use w fire suppression system, Hwt (owned). Retail unit 200 amps, 3 indiv metered residential units 60 amps, 2 residential units & common area 120 amps. Retail unit 9 ft ceilings, basement 7ft ceilings

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Listed By KELLER WILLIAMS ADVANTAGE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8180016
Last Updated Mar 28, 2024
Property Summary
Property Type Investment

More like this:
Category Retail
PIN 076100202
Legal Description PT LT 56, PL 1592 , AS IN TB294425 ; ETOBICOKE
Minimum Rental Term 12
Maximum Rental Term 12
Occupancy Partial
Possession Date Flexible
Taxes (2023) $17,238.04
Tax Type Annual
Directions/Cross Streets Lake Shore Blvd W & Eleventh
Neighbourhood New Toronto
Area Toronto
Price History
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Detailed Information
Freestanding Y
Lot 30.06 x 100.09 ft
Retail Area 2,583 ft2
Total Area 6,000 ft2
Elevator None
Air Conditioning Part
Basement Y
Garage Type None
Amps 200
Heat Type Radiant
Outside Storage N
Utilities Y
Water Municipal
Clear Height 9 feet
Rail N
Lot/Bldg/Unit Code Building
Zoning CR3 - Commercial/Residential
Seller Property Info Statement N

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