2898 LAKE SHORE BOULEVARD W

Toronto (New Toronto)

,

Ontario

Exceptional investment property located in the heart of rapidly growing New Toronto. This fully tenanted, turnkey building features all premium commercial tenants across both the main and second floors, offering stable income with no residential tenant concerns. Each unit has been recently renovated or is in excellent condition, with top-of-the-line Mitsubishi heat pump systems throughout for energy-efficient climate control and reduced heating costs. All units are separately metered for hydro. Ideally situated just steps from transit, parks, and the waterfront, this high-exposure corner site is perfectly positioned for future mid-rise redevelopment with potential for ground-floor retail and 25-30 residential units above. Attractive opportunity for developers seeking CMHC financing and investors targeting strong ROI in a dynamic and appreciating neighbourhood (id:6355)

Listing ID: W12293147 Transaction Type: For sale Bedrooms: Bathrooms: Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size Total Text: 42 x 90 FT Land Size Irregular: 42 x 90 FT Building Size Interior: 3789 sqft Building Utility Water: Municipal water Building Heating Type: Forced air Building Cooling Type: Fully air conditioned Building Fixture: Land Sewer: Storage Type: Courtesy Of: RE/MAX PREMIER INC.

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Community: New Toronto

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