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

MLS® # W9244138
Commercial For Sale In New Toronto, Toronto, Ontario
$7,550,000
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
$7,550,000

Property Information:

MIXED-USE RETAIL INVESTMENT / 61 ft corner / 10,988 SF / 3 commercial units on ground floor / 1 commercial unit in basement / 9-suite boutique Hotel operation on second floor / great cash flows. BASEMENT LEASE: Portion of Basement leased as Adult Entertainment Club / Rare Adult Entertainment Club Licence > 1 of 6 left in the City. HOTEL: The Hotel operation earns $$$ > has much upside in occupancy and cash flows. RENOVATED top to bottom / new roof / new HVAC / renovated hotel rooms. PARKING: Parking along Lake Shore and Fourth St / Green-P parking lot on Fifth St. LOCATION: High traffic location / fronting 24HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Also for sale with 2849-2853 Lake Shore Blvd W >> own most of the block. **** EXTRAS **** 1ST FLOOR: 5,900 SF / 3 retail units. 2ND FLOOR: 5,088 SF / 9-suite Hotel / Rooftop Patio / Exceptionally finished. BASEMENT: 5,900 SF / ~3,000 SF leased as retail unit. MARKETING PACKAGE available upon request. Tours by appointment only. (id:27)

Building Features:

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

Property Features:

  • Property Type: Retail
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 61.4 Feet
  • Lot Size: 61.45 x 100 FT
  • Zoning: CR

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: 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 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 Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

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.

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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

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