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W5956744
$5,188,000

3261 Lake Shore Blvd W (Lake Shore & Twenty-Third)

Price: $5,188,000

Status: For Sale 

MLS®#: W5956744

$5,188,000
  • Tax: $13,479.8/Annual (2022)
  • Community:Long Branch
  • City:Toronto
  • Type:Commercial
  • Style:Investment
  • Size: 5,766 Sq Ft
  • Garage:Outside/Surface

Features:

  • HeatingRadiant
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: RE/MAX EXPERTS, BROKERAGE

Description

Redevelopment Potential. Located In Long Branch Area Near The Lake, Humber College & New Residential Dev. Designated As An "Avenue" On Map 2, Toronto Official Plan. Reurbanization Anticipated & Encouraged To Create New Housing. Well Maintained Freestanding Mixed Use Building. (9) One Bedroom Apartment Units + 1 Retail Storefront + 6 Parking Spaces At Rear. Recent Zoning Amendments At 3199 Lakeshore (Humber Cultural Club) Includes 8 Storey Residence. Other New Developments Include Increase In Density & Height. Steps Away From Humber College, Ford Performance Centre, The Lake, Shops & Dining, Highways, Public Transit.


Highlights

Same Owners For Over 35 Years. Each Unit Has One Bedroom, Separate Living Room, Kitchen & 4 Piece Bath. Common Laundry In Basement. Retail Store At Street Level. Bulk Metered Heat & Water.

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Zahid Moghal

REALTOR® Broker

ZOLO Realty (Ontario) Inc.

Real Estate Solutions Since 2004

Not intended to Solicit Buyer, Sellers, Tenants, and/or Landlords currently under contract with any other brokerage.

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