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2847 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1H8

MLS® # W8032220
Commercial For Sale In New Toronto, Toronto, Ontario
$12,600,000 QuickQuoteTM: Not Available
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
2847 Lake Shore Boulevard W, Toronto, ON
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ACTIVE
2847 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1H8
$12,600,000

Property Information:

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:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 13850 Square Feet
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Floor Space (approx): 13850.00 Square Feet
  • Irregular: Yes
  • Lot Size: 101 x 100 FT

Courtesy of: INTERNATIONAL REALTY FIRM, INC.

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Sales/Price History

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Location of 2847 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1H8

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: High

30 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

45/100

High

ClimateCheck®

Current data

This property, 2847 LAKE SHORE BOULEVARD W , experiences 7 hot days per year at around 31.2 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 34.8 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.8℃

# Hot Days Per Year

Past
7
2050
30

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 Storm Risk: High

13 storms expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 2847 LAKE SHORE BOULEVARD W , experiences 11 significant 2-day storms per year, with about 293.4mm 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 364.4mm of precipitation per year.

Precipitation Per Storm

Past
293.4mm
2050
364.4mm

48-Hour Storms Per Year

Past
11
2050
13

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.

Demographic Information of 2847 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1H8

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$120,786.14

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.57 %

High school certificate or equivalent

27.65 %

Apprenticeship trade certificate/diploma

3.9 %

College/non-university certificate

17.97 %

University certificate (below bachelor)

3.11 %

University Degree

28.8 %

Commuter

Travel To Work

By Car

55.19 %

By Public Transit

32.67 %

By Walking

4.33 %

By Bicycle

1.45 %

By Other Methods

6.36 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.13 %

Houses

40.87 %

Own Vs. Rent