map icon

106 Lake Shore Dr

Lake Shore DrEtobicoke-LakeshoreTorontoON, M8V 2A2

9
Beds
8
Baths
-
$XXX,XXX
106 Lake Shore Dr, Toronto, ON - 1 of 3
Sold Listing
Get verified. Local real estate boards require email verification.
106 Lake Shore Dr, Toronto, ON - 2 of 3
106 Lake Shore Dr, Toronto, ON - 3 of 3

Don't Miss This Fantastic Opportunity. Wonderful 50 X 120 Ft Building Lot On The Most Desirable And Best Waterfront Street In Lakeshore Village. Currently Occupying The Lot Is An Original 8 Plex Building In Need Of Major Renovation With 3 Vacant Units, Potential Gross With New Rents Is Approximately $128,000, Potential Net Approximately$...

Don't Miss This Fantastic Opportunity. Wonderful 50 X 120 Ft Building Lot On The Most Desirable And Best Waterfront Street In Lakeshore Village. Currently Occupying The Lot Is An Original 8 Plex Building In Need Of Major Renovation With 3 Vacant Units, Potential Gross With New Rents Is Approximately $128,000, Potential Net Approximately$ 101,000, For A 4 + Cap Rate. Building Has A New Roof, And 2 New Boilers. Attention Buyers. There Are 3 Ways To Buy This Property. 1) Buy Now, Knock Down And Build 2 Detached Homes As Is Happening On The Street Or 2) Buy Now, Hold Onto The Old 8 Plex, For 2-3 Years, Bring In Approximately $101,000 Net Per Year, Without Spending Money On It, Then Knock Down And Build, Or 3 ) Renovate The Entire Building And Get Higher Rents And A Vtb Mortgage! 8 Fridges, 8 Stoves, 1 Washer, 1 Dryer, 7X 1 Bedroom, 1X2 Bedroom, 8 Parking Spots. Gross Income (2021) & $98,822.04. Note: 2 Apartments Will Be Vacant.

Property Details

Size

Sq. Ft. Not Available
9 Beds
9 Above Grade
8 Baths

Parking

8 Parking Spaces
-

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2021-01-01
Property Tax Amount
$12,767

Source

Listing Brokerage

MLS® Listing
W5719430
Last Updated
April 14, 2023
Brokerage
RE/MAX PROFESSIONALS INC., BROKERAGE
Call us 800-591-0566

Sold Nearby

102 Lake Shore Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
102 Lake Shore Dr
$XXX,XXX
Toronto, ON, M8V 2A2
  • 2,500 - 3,000 Sq. Ft.
  • 4
  • 5
114 Lake Shore Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
114 Lake Shore Dr
$XXX,XXX
Toronto, ON, M8V 2A2
  • 1,100 - 1,500 Sq. Ft.
  • 4
  • 2
92 Lake Shore Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
92 Lake Shore Dr
$XXX,XXX
Toronto, ON, M8V 2A2
  • 4
  • 3
92 Lake Shore Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
92 Lake Shore Dr
$XXX,XXX
Toronto, ON, M8V 2A2
  • 4
  • 3
127 Lake Shore Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
127 Lake Shore Dr
$XXX,XXX
Toronto, ON, M8V 2A1
  • 4
  • 4
59 Emerald Crescent, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
59 Emerald Crescent
$XXX,XXX
Toronto, ON, M8V 2B5
  • 3
  • 2
129 Lake Shore Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
129 Lake Shore Dr
$XXX,XXX
Toronto, ON, M8V 2A1
  • 3
  • 4
53 Emerald Crescent, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
53 Emerald Crescent
$XXX,XXX
Toronto, ON, M8V 2B5
  • 4
  • 2

Listing information provided in part by the Toronto Regional Real Estate Board for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Copyright © TRREB. All rights reserved.

Information is deemed reliable but is not guaranteed accurate by TRREB®. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.