• Mobile: 416-409-9369
  • Office: 647-763-6474
  • Fax: 888-280-3737
Personal Pic

Masoud Ahangar

Broker
United Realty Inc, Brokerage Independently owned and operated. 180 West Beaver Creek Rd, Richmond Hill,, Ontario L4B 1R1 Cell: 416-409-9369Office: 647-763-6474Fax: 888-280-3737

$9,950,000
Available - For Sale
Listing ID: W8032224
2847-53 Lake Shore Blvd West , Toronto, M8V 1H8, Ontario


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 yearsThe 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 rooms6 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: 2847-2853 Lake Shore Blvd W.
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 Marketing package available upon request. Tours by appt
Price $9,950,000
Taxes: $52825.00
Tax Type: Annual
Occupancy by: Tenant
Address: 2847-53 Lake Shore Blvd West , Toronto, M8V 1H8, Ontario
Postal Code: M8V 1H8
Province/State: Ontario
Lot Size: 101.00 x 100.00 (Feet)
Directions/Cross Streets: Fourth St
Category: Multi-Use
Building Percentage: N
Total Area: 13850.00
Total Area Code:  Sq Ft Divisible
Office/Appartment Area: 6000
Office/Appartment Area Code: Sq Ft Divisible
Retail Area: 7850
Retail Area Code: Sq Ft Divisible
Financial Statement: N
Chattels: Y
Sprinklers: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
INTERNATIONAL REALTY FIRM, INC.
Personal Picture
Masoud Ahangar
Broker
Dir:
416-409-9369
Bus:
647-763-6474
Fax:
888-280-3737
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Toronto
Municipality: Toronto
Neighbourhood: New Toronto
Style:
Lot Size: 101.00 x 100.00(Feet)
Approximate Age:
Tax: $52,825
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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