Annex Condos For Sale
View the MLS listings from brokers participating in the National Shared Pool of listings for houses, single-family detached homes, properties and real estate for sale in the Annex area of Toronto, ON. Not all Annex properties are displayed as some brokers do not participate so call us at 416-222-0025 for a complete list or to view any of these listings.Listing Details
Return to Search Result2847 LAKE SHORE BLVD W - MLS® # W8032220
Property Details
Description
EARN $786,000 / 101 ft corner property / 13,850 SF / 5 retail units / 11-room boutique Hotel operation. Amazing opportunity for cash flow investor (and hands on property manager and Landlord) The real estate earns stabilized NOI of $546,000 > growing to $583,000 in 5 years The Hotel operation earns NOI of $240,000 > has much upside in occupancy and cash flows. Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. Renovated top to bottom / new roof / new HVAC / renovated hotel rooms 6 onsite parking / parking along Lake Shore and Fourth St / Green-P Parking at Fifth St / Rear lane access. High traffic location / fronting 24 HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Full address: 2847-2857 Lake Shore Blvd W. Also for sale with 2869 Lake Shore Blvd W >> own most of the block. **** EXTRAS **** 1st Floor: 7,850 SF / 4 retail units 2nd Floor: 6,000 SF / Hotel / Rooftop Patio Basement: 7,850 SF / ~3,000 SF leased as retail unit Roof top HVAC / New roof / Enviro report available Marketing package upon request. Tours by app only (id:2469)
Listing Provided By
INTERNATIONAL REALTY FIRM, INC.
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- Doriana Zohil-Morton, Broker of Record/Owner
- 416-222-0025
- 416-222-0025
- 1-877-239-0025
- dorizohil@macsuites.ca
- MAC Real Estate Services Inc., Brokerage
- 9 Hyde Park Circle
- Toronto, ON
- M3B 3N4