For sale

106 Lake Shore Dr

New Toronto, Toronto, Ontario

Schedule Visit View Other Freeholds

Bedrooms

9

Bathrooms

8

Parking

8

Price

$2,650,000

MLS© ID

W5719430

Approx. Age

N/A

Listed Since

August 3rd, 2022

Exterior

Brick,

Air Conditioning

None

Heating

Water

Pool

None

Type

Multiplex

Aprox. sq. footage

N/A

Taxes

$12,767

Style

2-Storey

Garage

None

Basement

Apartment

Fireplace

Yes

Lot Size

50.00 x 120.00 Feet

DESCRIPTION

Wow ! A Legal 8 Plex On The Most Desirable And Best Waterfront Street In Lakeshore Village ! Asking Just $2,650,000 ! 2 Apartments Vacant Plus Possibly A 3rd, Potential Gross Income With New Current Rents Approximately $128,000, Potential Net $101,000. Potential Cap Rate 4%! The Building Needs Renovation But Has A New Roof ( 2020 ) 2 New Boilers ( 2018) And Has Had Some Electrical Upgrades Done. Don't Miss This One! *Seller Will Do Vtb*

Extras: 8 Fridges, 8 Stoves, 1 Washer, 1 Dryer, 7X 1 Bedroom, 1X2 Bedroom, 8 Parking Spots. Gross Income (2021) & $98,822.04. Note: 2 Apartments Will Be Vacant.

Amenities & Features

Type: Multiplex

Features: Lake/Pond, Park, Public Transit, Rec Centre,

Brokerage: RE/MAX PROFESSIONALS INC., BROKERAGE

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