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$ 2,990,000
Est. payment | /mo
6 Baths
$ 2,990,000
Est. payment | /mo
6 Baths
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Municipality Toronto W06
Subdivision Mimico
MLS Listing ID W13129936
Annual Tax Amount $9,011
Tax Year 2025
Property Sub-Type Investment
Property Description
Discover a rare investment opportunity in South Etobicoke, just steps from Lake Ontario. 2709 Lake Shore is a well-maintained, legal six-unit apartment building (five two-bedroom units and one one-bedroom unit) with strong upside potential: Committee of Adjustment Approval allows reconfiguration into nine one-bedroom units and one two-bedroom unit. Ideally situated near Royal York Road and Lake Shore Boulevard, the property is only 10 minutes from downtown Toronto and offers two garage spaces plus three outdoor parking spots. Residents will enjoy being only steps away from and overlooking Lake Ontario, providing scenic views. The building can be operated as a traditional rental building or as an Airbnb operation. It is a very profitable investment. Extras: Basement common laundry area; keyless/keyscan entry, separate hydro meters, security cameras.
Location
Province ON
County Toronto
Community Toronto W06
Area Toronto
Zoning RA - Residential Apartment
Interior
Cooling No
Exterior
Parking Features Other
Community Features Major Highway, Public Transit
Utilities Available Yes
Building
Lot Description Lot
Lited by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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