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2707 Lake Shore Blvd W 3 Unit Apartment Building $2,750,000 CAD ($916,667 CAD/Unit) Toronto, ON M8V 1G6
INVESTMENT HIGHLIGHTS
- Potential to Densify
- Waterfront property with 60 ft on Lake Ontario, potential for development
- Close to public transit
EXECUTIVE SUMMARY
A unique opportunity to own a rarely available waterfront property only 10 minutes to Downtown Toronto with a 60 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (including a 1,025 sq ft lower-level unit). The property offers an Investor or end user an opportunity to improve/densify the existing building, hold it for an investment, or build their dream waterfront home. The lower Level is 1,025 sq ft. The 900 sq ft apt includes 1 b/r, kitchen, Living/dining room, foyer, plus the laundry and furnace room. Live in the 3-level unit and collect rent! Detached 400 sq ft rear garage. Mutual drive and rear laneway access.
PROPERTY FACTS
| Price | $2,750,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $916,667 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 3,685 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 1.09/1,000 SF |
| Zoning | RA - Residential Apartment | ||
| Price | $2,750,000 CAD |
| Price Per Unit | $916,667 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 3,685 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | RA - Residential Apartment |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
- Kitchen
SITE AMENITIES
- Waterfront
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 3+1 | 1 | - | - |
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (86)
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2707 Lake Shore Blvd W
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