21
2898 Lake Shore Boulevard W
$2,690,000 Sale
Listed 31 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 2898 Lake Shore Boulevard W
Key Facts
Key facts for 2898 Lake Shore Boulevard W
Property Type
Commercial
Parking
Outside/Surface
MLS #
W12293147
Size
-
Basement
-
Listed on
2025-07-18
Lot size
42 x 90.0
Tax
$19,805.56 /yr
Days on Market
31
Approximate Age
-
Maintenance Fee
-
Description
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
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Courtesy of: RE/MAX PREMIER INC.