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2847-53 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1H8

MLS® # W8032224
Commercial For Sale In Humber Bay, Toronto, Ontario
$9,950,000
2847-53 Lake Shore Boulevard W, Toronto, ON
2847-53 Lake Shore Boulevard W, Toronto, ON
2847-53 Lake Shore Boulevard W, Toronto, ON
2847-53 Lake Shore Boulevard W, Toronto, ON
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ACTIVE
2847-53 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1H8
$9,950,000

Property Information:

EARN $786,000 / 101 ft corner property / 13,850 SF / 5 retail units / 11-room boutique Hotel operation.Amazing opportunity for cash flow investor (and hands on property manager and Landlord)The real estate earns stabilized NOI of $546,000 > growing to $583,000 in 5 yearsThe Hotel operation earns NOI of $240,000 > has much upside in occupancy and cash flows.Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City.Renovated top to bottom / new roof / new HVAC / renovated hotel rooms6 onsite parking / parking along Lake Shore and Fourth St / Green-P Parking at Fifth St / Rear lane access. High traffic location / fronting 24 HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Full address: 2847-2853 Lake Shore Blvd W. **** 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\nMarketing package available upon request. Tours by appt (id:27)

Building Features:

  • Style: Retail
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Retail
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 101.0 Feet
  • Lot Size: 101 x 100 FT
  • Zoning: CR

Courtesy of: INTERNATIONAL REALTY FIRM, INC.

REALTOR.ca  

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Market Price Trends

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Location of 2847-53 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: 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, 2847-53 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
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 Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 2847-53 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
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.

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Demographic Information of 2847-53 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1H8

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$152,960.80

Average Number of Children

1.31

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.11 %

High school certificate or equivalent

16.69 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

18.59 %

University certificate (below bachelor)

4.44 %

University Degree

52.86 %

Commuter

Travel To Work

By Car

78.55 %

By Public Transit

13.85 %

By Walking

3.35 %

By Bicycle

0.93 %

By Other Methods

3.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

98.68 %

Houses

1.32 %

Own Vs. Rent

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