2961 Lake Shore Blvd W (Lakeshore Blvd W/Islington)
Status: For Sale
- Tax: $29,000/Annual (2023)
- Community:New Toronto
- Size: 6,350 Sq Ft
- HeatingGas Forced Air Closd
- Sewer/Water SystemsMunicipal
Listing Contracted With: CENTURY 21 BEST SELLERS LTD.
Fantastic Building In Fantastic Location. Commercial Unit Below With 4 Apartments Above. HUGE BASEMENT with More Residential Possible. All Separately Metered and Renovated. Located In The "New Toronto Development Area" On Lakeshore Blvd W. Close To 2 New Condo Projects, Walking Distance To Humber College(Potential Tenants) & To The Lake. Surrounded With 15-20 Condo Towers Existing And Future Builds Along Lakeshore With Skyline Views. Successful Restaurant Below With Fully Licensed LLBO. Potential To Build Additional Stories Above. Excellent Cap Rate of 3.5%. With Huge Upswing Potential.
Three 1 Bedroom Units 1 Bachelor Unit. All Units Have Been Recently Renovated With Hardwood Flooring/New Appliances, Roof Done In 2014. Parking For Two Cars In The Back With Plenty Of Street Parking.
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