102 - 2240 Lake Shore Boulevard W, Toronto, Ontario M8V 0B1

Listed for:

$1,349,000

0 beds

1 baths

Listed 35 days ago

Retail for rent: 102 - 2240 Lake Shore Boulevard W, Toronto, Ontario M8V 0B1

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Listing provided by:

ATV REALTY INC

MLS® number:

W12082526

Agent:

Eugenia Topolskaia

Phone:

(416) 876-8488

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About

Cross Streets: Park Lawn/Lake Shore. ** Directions: 0. 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. (id:27476)

Property Highlights

MLS® Number

W12082526

Type

Retail

Community Name

Mimico

Building

Building Type

Retail

Square Footage

1147 sqft

Bathrooms Total

Fireplace Present

Basement Type

Basement Features

Building Heating Type

Forced air

Heating Fuel

Electric

Building Cooling Type

Fully air conditioned

Utilities

Water

Municipal water

Location

Street Spotlight - For sale

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