2847-53 Lake Shore Boulevard
Toronto W06, ON
14,000 sqft • Sale Of Business • 108 days on market
$954,196.00 GROSS INCOME / 101 x 100 ft corner property / 11-room boutique Hotel operation With 5 retail units / The Hotel operation has up side .Renovated top to bottom / new roof / new HVAC / renovated hotel rooms. 6 onsite parking / parking along Lake Shore and Fourth St / Green-P Parking at Fifth St / Rear lane access. High traffic location / fronting 24 HR Streetcar / minutes to Mimico GO Station / minutes to Gardiner Expy and Hwy 427. Full address: 2847-2853 Lake Shore Blvd W.
Listing Details
- Taxes (2025)
- $60,418
- Listed
- May 11, 2026
Price History
Listing history
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Property
- Lot Size
- 101 x 100 Feet
Location & Legal
- Cross Street
- Fourth St/Lakeshore/Islington
- Zoning
- CR
- Possession
- Immediate
Commercial
- Business Type
- Hotel/Motel/Inn
- Occupancy
- Tenant
- Office / Apartment Area
- 5000 Sq Ft
Community
Postal area M8V
- Population
- 44,144
- Private dwellings
- 24,434
- Median age
- 40
- Average household size
- 1.9
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto W06 · last 12 months
- Median sold price
- $778,800
- Homes sold
- 989
- Median days on market
- 24
- Sale-to-list price
- 97.7%
Based on 989 recorded sales of commercial properties in Toronto W06 over the last 12 months.
Listed by
REN/TEX REALTY INC.
Commercial figures
- Building area
- 14,000 sq ft
- Price per sq ft
- $664.29
- Annual property tax
- $60,418
- Tax per sq ft
- $4.32
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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