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$1,349,000
Available - For Sale
Listing ID: W12082526
Rarely Available Renovated Commercial Unit in South Etobicoke! Located along Lake Shore, this 1,147 sq ft commercial space is ideal for a wide variety of uses, including retail, office, or medical services. Excellent exposure and plenty of local foot traffic from many condos in this high demand area - units are almost never for sale. The unit is currently leased to a thriving barbershop through September 2027 (option to renew). Tenant pays: utilities & insurance. Landlord pays property tax & maintenance. Net Operating Income / NOI is $72,948/year. Estimated 5.7% Cap Rate. Owned underground parking spot included. Ideal for investors or end-users seeking a highly visible, renovated commercial space with guaranteed income. This space is in a high-traffic area surrounded by 279 residential units and established businesses, offering plenty of foot traffic. Additionally, the unit benefits from shipping and receiving access and is just minutes from the Gardiner Expressway/QEW, providing easy access to major transportation routes.
Price $1,349,000
Taxes: $13,217
Tax Type: Annual
Monthly Condo Fee: $489
Occupancy by: Tenant
Address: 2240 Lake Shore Boul West , Toronto, M8V 0B1, Toronto
Postal Code: M8V 0B1
Province/State: Toronto
Directions/Cross Streets: Park Lawn/Lake Shore
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Commercial Condo
Building Percentage: F
Total Area: 1,147
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: Yes
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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ATV REALTY INC

2240 Lake Shore Boul West , Toronto, M8V 0B1, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Mimico
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Tax: $13,217
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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