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:50212)
- Listing ID: W12293147
- Property Type: Retail
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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 Prashanth Prabakaran to schedule a viewing or to discover other Toronto real estate for sale.