- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W11916449
- Bus Major:
- Apts-6 To 12 Units
- Photos (38)
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Located on a quiet cul de sac across the road from the Lake in New Toronto. A well-managed and maintained sixplex with two 2-bedroom units and four 3-bedroom units. There are 7 surface parking spaces, separate hydro meters, coin-op laundry, Upgraded gas boiler, and windows. High-demand area with transit, schools, parkland, and Lake all within minutes of the location. A great investment opportunity with lots of upside. The property is being sold in conjunction with 8 Lake Shore Dr (11 units) on MLS.
- Property Type:
- Commercial
- Commercial Type:
- Investment
- Depth:
- 99'7"
- Frontage:
- 82'10½"
- Total Area:
- 6,899 sq. ft.
- Bathrooms:
- 6.0
- Zoning:
- RM (d1*480)
- Heating type:
- Gas Hot Water
- Basement:
- Full
- Garage:
- None
- Total Parking Spaces:
- 7
- Possession Details:
- TBA
- Lot Irregularities:
- 48 FT x 30 x 35 x 104 x 115 FT
- Taxes:
- $10,145.45 / 2024
- Assessment:
- $- / -
- New Toronto
- Property is for sale in conjunction with an 11 unit building at 8 Lake Shore Dr on MLS
- Greenbelt/Conservation, Public Transit
- Utilities:
- Y
- Water supply:
- Municipal
- Sewer:
- Sanitary
- Seller Property Info Statement:
- No
- Air Conditioning:
- N
- Log/Bldg/Unit Code:
- Lot
- Percent of Building:
- 80
- Sprinklers:
- No
- Type Taxes:
- Annual
- Category:
- Apartment
- Major Business Type:
- Apts-6 To 12 Units
- Financial Statements:
- Yes
- Freestanding:
- Yes
- Gross income:
- $131,256
- Expenses Actual/Estimated:
- Actual
- Operating Expenses:
- $33,945
- Year Expenses:
- 2024
- Net Income Before Debt:
- $97,311
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated January 17, 2025 at 03:55 PM (UTC)
- ROSS TALIBOV
- FOREST HILL REAL ESTATE INC.
- (647) 787-8979
- Contact by Email
Ross Talibov
Broker, Managing Partner
Location
3737 Lake Shore Blvd W
Etobicoke, ON, M8W 1P9