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2865 Lakes Shore Blvd W - Fantastic Turn Key Investment Property! 11, 1 Bedroom Apartments And 1 Bachelor With Huge Retail Store On Main. All Suites And Retail Pay Their Own Hydro!Excellent Income With A 4% Cap Rate. Tonnes Up Upside Income Potential. Coin Operated Laundry. Currently 100% Leased Out!!! Large Building On Main Strip In Rapidly Transforming Mimico Neighborhood. Several Renovated Apartments. Grocery Store Has Lease Until End Of 2022. Only 18 Minute Walk To Humber College. Transit And Shopping At The Your Door With New Boutique Hotel On Corner.

Property Details

  • ID: W4565519
  • Status: Active
  • Lot Size: 40.5 x 100 Feet
  • Property ID: 101433678
  • Storeys: 0
  • Estimated Annual Taxes: $37,791
  • Style: Apartment
  • New Construction: No

Features

External Sewers - San+Storm, Area Influences2 - Public Transit, Area Influences1 - Major Highway
Internal Water Expense - 19883, Water - Municipal, Utilities, Hydro Expense - 812, Heat Type - Water Radiators, Heat Expenses - 5710, Air Conditioning
Other Use - Apts-6 To 12 Units, Gross Income/Sales - 265681
Listed By Anthony Gallippi of CENTURY 21 Fine Living Realty Inc., Brokerage*