2707 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1G6

MLS® # W12420973

Investment For Sale In Mimico, Toronto, Ontario

$2,750,000

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2707 Lake Shore Boulevard W, Toronto, ON - Outdoor With Body Of Water With View

2707 Lake Shore Boulevard W, Toronto, ON - Outdoor With Deck Patio Veranda

2707 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Living Room

2707 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Office

2707 Lake Shore Boulevard W, Toronto, ON - Indoor

2707 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Bedroom

2707 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room

2707 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Dining Room

2707 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior

2707 Lake Shore Boulevard W, Toronto, ON - Outdoor

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2707 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1G6

$2,750,000

Property Information:

A unique opportunity to own a rarely available waterfront property only 10 minutes from downtown Toronto with 65 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (includes 1,025 sq ft lower-level unit). The property offers an investor or end user an opportunity to improve the density of the existing building, hold it for an investment or build their dream waterfront home. The stunning, 3rd-floor, 1830 sq ft main apt has a deck overlooking the Lake. The Lower Level is a large 1,025sq ft unit. The 900 sq ft main floor apt includes 1 kitchen, a Living/dining room, and a foyer with Lake views. All 3 units have laundry facilities. Live in the 3-level unit and collect rent! Includes a detached 900 sq ft rear garage. Mutual drive and rear laneway access. Extra land available to build laneway housing. **EXTRAS**Mechanical updates (200 Amps, Gas boiler, Windows, Wiring throughout, Plumbing). Suite updates. There is great potential to densify the existing building and/or add a laneway suite. The Seller will hold a VTB mortgage for qualified buyers. (id:7525)

Building Features:

Style: Triplex
Building Type: Triplex
Amenities: Separate Hydro Meters
Basement Type: Full
Easement: Easement
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Floor Space: 2500 - 3000 sqft
Foundation Type:
Cooling Type: None
Appliances: Dishwasher, Freezer, Stove

Property Features:

Property Type: Multi-family
Bedrooms: 6
Bathrooms: 4
Half Bathrooms: 1
Access Type:
Amenities Nearby: Public Transit, Schools
Features: Irregular lot size
Floor Space (approx): 2500 - 3000 Square Feet
Irregular: Yes
Lot Depth: 225 Feet
Lot Frontage: 35.8 Feet
Lot Size: 35.8 x 225 FT ; 2 Pin# 076120112/13.Depth-225.0w&185.1e
Utility Type: Hydro - Installed, Sewer - Installed, Cable - Installed
View Type: Lake view
WaterFront Type: Waterfront on lake
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 6

Rooms:

Living 2nd Level 4.47 m x 4.01 m
Dining 2nd Level 3.00 m x 2.44 m
Kitchen 2nd Level 4.37 m x 2.57 m
Bedroom 2nd Level 3.51 m x 3.45 m
Bedroom 2nd Level 3.66 m x 3.40 m
Family 3rd Level 7.01 m x 5.66 m
Living Lower Level 5.33 m x 3.56 m
Living Main Level 4.88 m x 3.96 m
Dining Main Level 3.05 m x 1.83 m
Kitchen Main Level 4.50 m x 2.90 m
Bedroom Main Level 3.61 m x 3.05 m
Bedroom Main Level 3.66 m x 2.90 m

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Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

Rating:

Notes:

Ian Wilson

Sales Representative Royal LePage Real Estate Services Ltd. , Brokerage*

Mobile:416.458.8498

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John Morrison

Sales Representative Royal LePage Real Estate Services Ltd. , Brokerage*

Mobile:416.230.3353

My Website

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Market Price Trends

Location of 2707 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1G6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 2707 LAKE SHORE BOULEVARD W , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past

31℃

2050

34.6℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 2707 LAKE SHORE BOULEVARD W , experiences 11 significant 2-day storms per year, with about 292.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 363mm of precipitation per year.

Precipitation Per Storm

Past

292.5mm

2050

363mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2707 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1G6

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$117,578.38

Average Number of Children

1.37

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.05 %

High school certificate or equivalent

24.28 %

Apprenticeship trade certificate/diploma

3.9 %

College/non-university certificate

24.79 %

University certificate (below bachelor)

1.43 %

University Degree

29.56 %

Commuter

Travel To Work

By Car

67.77 %

By Public Transit

17.47 %

By Walking

3.55 %

By Bicycle

2.79 %

By Other Methods

8.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.71 %

Houses

25.29 %

Own Vs. Rent

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2707 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1G6 $2,750,000 MLS® # W12420973