2898 LAKE SHORE BOULEVARD W, Toronto, Ontario
$2,690,000
- 3,789 Square Feet
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 (id:23309)
- Listing ID: W12293147
- Property Type: Retail
Schedule a Tour
Schedule Private Tour
The Bird House Real Estate Team would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact the Bird House Real Estate Team, who specializes in Toronto real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let the Bird House Real Estate Team find a property to match your lifestyle.
Listing provided by RE/MAX PREMIER INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2898 LAKE SHORE BOULEVARD W in Toronto Ontario. It was last modified on July 18th, 2025. Contact the Bird House Real Estate Team to schedule a viewing or to discover other Toronto real estate for sale.