901 Victoria St N Kitchener, ON

2847 Lake Shore Boulevard W, Toronto, Ontario M8V 1H8 (26462420)


2847 Lake Shore Boulevard W Toronto, Ontario M8V 1H8

13850 sqft
Fully Air Conditioned Forced Air


EARN $786,000 / 101 ft corner property / 13,850 SF / 5 retail units / 11-room boutique Hotel operation.\nAmazing opportunity for cash flow investor (and hands on property manager and Landlord)\nThe real estate earns stabilized NOI of $546,000 > growing to $583,000 in 5 years\nThe Hotel operation earns NOI of $240,000 > has much upside in occupancy and cash flows.\nPortion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City.\nRenovated top to bottom / new roof / new HVAC / renovated hotel rooms\n6 onsite parking / parking along Lake Shore and Fourth St / Green-P Parking at Fifth St / Rear lane access. \nHigh traffic location / fronting 24 HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427.\nFull address: 2847-2857 Lake Shore Blvd W.\nAlso for sale with 2869 Lake Shore Blvd W >> own most of the block. **** EXTRAS **** 1st Floor: 7,850 SF / 4 retail units\n2nd Floor: 6,000 SF / Hotel / Rooftop Patio\nBasement: 7,850 SF / ~3,000 SF leased as retail unit\nRoof top HVAC / New roof / Enviro report available\nMarketing package upon request. Tours by app only (id:50976)


Business Type Accommodation
Business Sub Type Motel

Property Details

MLS® Number W8032220
Property Type Business
Community Name New Toronto


Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 13850 Sqft
Utility Water Municipal Water


Acreage No
Size Irregular 101 X 100 Ft
Size Total Text 101 X 100 Ft



Contact us for more information

Generating Captcha

Danny Shvartsman

(416) 990-2525

International Realty Firm, Inc.
15 Gervais Dr 7th Flr
Toronto, Ontario M3C 3S2

(647) 313-3400
(289) 475-5524

Your Favourites


No Favourites Found