2898 Lake Shore Boulevard W
New Toronto
Toronto
M8V 1J2
$2,690,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W12244513
- Photos (22)
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Exceptional Investment Property Located In The Heart Of Rapidly Growing New Toronto. This Fully Tenanted, Turnkey Building Features All Premium Commercial Tenants Across Both The Main And Second Floors, Offering Stable Income With No Residential Tenant Concerns. Each Unit Has Been Recently Renovated Or Is In Excellent Condition, With Top-Of-The-Line Mitsubishi Heat Pump Systems Throughout For Energy-Efficient Climate Control And Reduced Heating Costs. All Units Are Separately Metered For Hydro. Ideally Situated Just Steps From Transit, Parks, And The Waterfront, This High-Exposure Corner Site Is Perfectly Positioned For Future Mid-Rise Redevelopment With Potential For Ground-Floor Retail And 2530 Residential Units Above. Attractive Opportunity For Developers Seeking Cmhc Financing And Investors Targeting Strong Roi In A Dynamic And Appreciating Neighborhood.
- Property Type:
- Commercial
- Property Sub Type:
- Store W Apt/Office
- Freestanding:
- Yes
- Total Area:
- 3789 sq. ft. Square Feet
- Total Area:
- 3,789 sq. ft.352 m2
- Retail Area:
- 2889 sq. ft. Sq Ft
- Office/Apt Area:
- 900 sq. ft. Sq Ft
- Depth:
- 90'27.4 m
- Frontage:
- 42'12.8 m
- Lot Shape:
- Rectangular
- Water supply:
- Municipal
- Zoning:
- CR3
- Heating type:
- Electric Forced Air
- Survey Available:
- Yes
- Garage:
- Outside/Surface
- Parking Spaces:
- 2
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $19,805.56 / 2024
- Assessment:
- $- / -
- Toronto W06
- New Toronto
- Toronto
- No
- ENERCARE HOT WATER TANK
- None
- No
- Utilities:
- Available
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Store With Apt/Office
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Listed by RE/MAX PREMIER INC.
Data was last updated June 29, 2025 at 06:15 PM (UTC)
- Markian Silecky
- REMAX PROFESSIONALS INC.
- 647-282-7653
- markian@sileckythompson.com
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