8 Lake Shore Dr - Apartments FOR SALE


Toronto, ON M8V 1Z1- New Toronto
$2,900,000 CAD
416-762-8255
8 Lake Shore Dr, Toronto, ON for Sale
$2,900,000 CAD
Apartments - FOR SALE
1/4
null | Request Cap Rate

8 Lake Shore Dr
Toronto, ON M8V 1Z1
New Toronto


HIGHLIGHTS

  • Lots of Natural Light
  • Ample Parking
  • Access to Public transit and Highway

OVERVIEW

Located on a quiet cul de sac, across the road from the Lake in New Toronto. A great investment opportunity in a well-managed and maintained 11-unit building, with six 2-bedroom units and five 1-bedroom units. There are 7 surface parking units, coin-op laundry, and separate hydro meters. Upgraded gas boiler and windows. High demands area, steps to transit, shops, school, parkland, and the Lake. Lots of upside.

FOR SALE DETAILS

PRICE

$2,900,000 CAD

PRICE/SF

$550 CAD /SF

# OF UNITS

11

PRICE/UNIT

$263,636

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

7

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM

APN/PARCEL ID

191905201000200

ASK ABOUT THIS PROPERTY

Jim TurnbullRoyal LePage Real Estate Services LtdMore Info
416-762-8255

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Jim TurnbullRoyal LePage Real Estate Services LtdMore Info
416-762-8255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.