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List Price: $1,349,000

2240 Lake Shore Boulevard, Etobicoke, M8V 0B1

- By ATV REALTY INC
Commercial Retail|MLS - #W12082526|New
Bed
1 Bath
1147 Sqft.
Underground Garage

Client Remarks

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.
Property Description

2240 Lake Shore Boulevard, Etobicoke, M8V 0B1

Property type

Commercial Retail

Lot size

N/A acres

Style

Approx. Area

1147 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

1147

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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2240 Lake Shore Boulevard, Etobicoke, M8V 0B1
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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