2240 Lake Shore BLVD West #102, Toronto (mimico), ON M8V0B1

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 1,349,000

Est. payment | -/mo

1 Bath

1,147 SqFt

Save

$ 1,349,000

Est. payment | -/mo

Save

1 Bath

1,147 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,147 sqft

Price per Sqft $1,176

Subdivision Mimico

MLS® Listing ID W12082526

Originating Board Toronto Regional Real Estate Board

Property 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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features Yes

View Y/N No

Private Pool No

Listed by ATV REALTY INC

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

2240 Lake Shore BLVD West #102 Toronto (mimico), ON M8V0B1