Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

2240 Lake Shore Boulevard W 102, Toronto W06, ON M8V 0B1 (Park Lawn/Lake Shore)
$ 1349000 - MLS : W12082526

From Our Gallery

Description

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.

Location Description

Park Lawn/Lake Shore

Property Detail

Community: Mimico
Property Type: Tenant/Commercial
Bath: 1
Garages: Underground
Annual Property Taxes : $ 13217

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Underground

Amenities

Heating : Electric Forced Air

Listing Contracted With: ATV REALTY INC

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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