2898 Lake Shore Boulevard W, Toronto W06, ON M8V 1J2

Toronto W06 M8V 1J2 Ontario

MLS: W12293147

$2,690,000

Added 53 days ago | For Sale

Listed by: RE/MAX PREMIER INC.

About Property

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 25-30 residential units above. Attractive opportunity for developers seeking CMHC financing and investors targeting strong ROI in a dynamic and appreciating neighbourhood

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 42 X 90
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Lake Shore Blvd W/Islington Ave.
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $19805.56
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12293147

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.