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2240 Lake Shore Boulevard Image 1

$1,349,000

Apr 15Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #W12082526

2240 Lake Shore Boulevard, Toronto W06, ON M8V 0B1

0
Similar Homes Found
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Average Price
134900000.0%
Higher than average

Price Comparison

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Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 2240 Lake Shore Boulevard

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.

Home Overview

Last updated

Apr 16

Virtual tour

None

Basement information

Building size

1147

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Listed by ATV REALTY INC

Additional Details

Basement:N/A
Cooling:Yes
Heating:Electric Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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