2709 LAKE SHORE BOULEVARD W , Toronto Ontario M8V1G6

Sale $2,990,000  | 
Listing # W13129962
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Office Listing:

Ian Wilson, Sales Representative  |  John Morrison, Sales Representative

ANGELA BALAN

ANGELA BALAN

Sales Representative

Phone: 416.236.1871
Mobile: 416.509.2557

angela@angelabalan.com
www.angelabalan.com

Royal LePage Real Estate Services Ltd., Brokerage

Brokerage

3031 BLOOR STREET WEST
Toronto,  ON M8X1C5

Remarks:

Discover a rare investment opportunity in South Etobicoke, just steps from Lake Ontario. 2709Lake Shore is a well-maintained, legal six-unit apartment building (five two-bedroom units and one one-bedroom unit) with strong upside potential: Committee of Adjustment Approval allows reconfiguration into nine one-bedroom units and one two-bedroom unit. Ideally situated near Royal York Road and Lake Shore Boulevard, the property is only 10 minutes from downtown Toronto and offers two garage spaces plus three outdoor parking spots. Residents will enjoy being only steps away from and overlooking Lake Ontario, providing scenic views. The building can be operated as a traditional rental building or as an Airbnb operation. It is a very profitable investment. Extras: Basement common laundry area; keyless/keyscan entry, separate hydro meters, security cameras (id:7525)

Investment

Neighbourhood: Mimico
Lot Frontage: 51.1 Feet
Lot Depth: 115 Feet
Lot Size: 51.1 x 115 FT
No. of Parking Spaces: 5
Floor Space (approx): 3500 - 5000 Square Feet
Waterfront: Yes
Water Body Type: Lake Ontario
Water Body Name: Lake Ontario
Bedrooms: 12
Bathrooms (Total): 6

Property Features:

Access Type: []
Amenities Nearby: [] , Public Transit , Schools
Features: Flat site
Parking Type: Attached garage , Garage
Property Type: Multi-family
Sewer: Sanitary sewer
Surface Water: []
Utility Type: Cable - Available
Utility Type: Hydro - Installed
Utility Type: Sewer - Installed
View Type: Lake view
WaterFront Type: Waterfront

Building Features:

Basement Type: N/A
Building Type: Other
Cooling Type: None
Easement: Unknown , Easement
Exterior Finish: Brick
Foundation Type: Block
Heating Fuel: Natural gas
Heating Type: Radiant heat