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Asking Price:

$7,550,000

Ref# W9244139

Available for Sale » Commercial | Investment
2847 Lake Shore Blvd W (Fourth St)
New Toronto, Toronto
MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block.
Property Features
  • Office/Apt Area: 5088 Sq Ft Divisible
  • Retail Area: 5900 Sq Ft Divisible
  • Total Area: 10988 Sq Ft Divisible
  • Land Size: 61.45 x 100 Feet
  • Estimated annual taxes: $39992 (2024)
  • Investment / Accommodation
  • Zoning: CR
  • Air Conditioning, Gas Forced Air Closd Heating
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: INTERNATIONAL REALTY FIRM, INC.
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MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block.
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: INTERNATIONAL REALTY FIRM, INC.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information #W9244139
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information #W9244139
Property Rooms
Floor Room Dimensions Description
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We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Appointment Request #W9244139
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Appointment Request #W9244139