$2,550,000
Available - For Sale
Listing ID: W7309278
6 Lake Shore Dr , Toronto, M8V 1Z1, Ontario
| Located on a quiet cul de sac across the road from the Lake in New Toronto. A well managed and maintained sixplex with two 2 bedroom units and four 3 bedroom units. There are 7 surface parking spaces, separate hydro meters, coin-op laundry, Upgraded gas boiler and windows. High demand area with transit, schools, parkland and Lake all within minutes of the location. A great investment opportunity with lots of upside. Property is being sold in conjunction with 8 Lake Shore Dr (11 units) on MLS. |
| Extras: Property is for sale in conjunction with an 11 unit building at 8 Lake Shore Dr on MLS |
| Price | $2,550,000 |
| Taxes: | $9967.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 6 Lake Shore Dr , Toronto, M8V 1Z1, Ontario |
| Postal Code: | M8V 1Z1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 2 &LOY 3, PL 1783, AS IN TB948635; |
| Lot Size: | 82.87 x 99.60 (Feet) |
| Directions/Cross Streets: | Lake Shore Dr/ First |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 6899.00 |
| Total Area Code: | Sq Ft |
| Area Influences: | Grnbelt/Conserv Public Transit |
| Gross Income/Sales: | $128928 |
| Operating Expenses: | $33767 |
| Net Income Before Debt: | $95161 |
| Year Expenses: | 2022 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | N |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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Rachel Stalony
Broker
Dir:
416-888-5058
Bus:
905-795-1900
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | New Toronto |
| Lot Size: | 82.87 x 99.60(Feet) |
| Tax: | $9,967 |
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