$3,390,000
Available - For Sale
Listing ID: W7309280
8 Lake Shore Dr , Toronto, M8V 1Z1, Ontario
| Located on a quiet cul de sac, across the road from the Lake in New Toronto. A great investment opportunity in a well managed and maintained 11 unit building, with six 2 bedroom units and five 1 bedroom units. There are 7 surface parking units, coin-op laundry, separate hydro meters. Upgraded gas boiler and windows. High demands area, steps to transit, shops, school, parkland and the Lake. Lots of upside. The property is being sold in conjunction with 6 Lake Shore Dr (six units) on MLS. |
| Price | $3,390,000 |
| Taxes: | $19286.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 8 Lake Shore Dr , Toronto, M8V 1Z1, Ontario |
| Postal Code: | M8V 1Z1 |
| Province/State: | Ontario |
| Legal Description: | LT1 & PT LT 2, PL 1783, AS IN TB17352; E |
| Lot Size: | 30.00 x 104.73 (Feet) |
| Directions/Cross Streets: | Lake Shore Dr/ First |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 5274.31 |
| Total Area Code: | Sq Ft |
| Area Influences: | Grnbelt/Conserv Public Transit |
| Gross Income/Sales: | $155970 |
| Operating Expenses: | $47686 |
| Net Income Before Debt: | $108284 |
| Year Expenses: | 2022 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Sharon Soltanian
Broker Of Record
Dir:
416-892-0188
Bus:
416-901-8881
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Mimico |
| Lot Size: | 30.00 x 104.73(Feet) |
| Tax: | $19,286 |
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