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$ 2,690,000
Est. payment /mo
New
2898 LAKE SHORE BOULEVARD W Toronto (new Toronto), ON M8V1J2
3,789 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,789 sqft
Price per Sqft $709
Subdivision New Toronto
MLS® Listing ID W12293147
Source Toronto Regional Real Estate Board
Property 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 25-30 residential units above. Attractive opportunity for developers seeking CMHC financing and investors targeting strong ROI in a dynamic and appreciating neighbourhood (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Listed by RE/MAX PREMIER INC.