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$2,600,000
Available - For Sale
Listing ID: W11916464
Located on a quiet cul de sac, across the road from the Lake in New Toronto. A great investment opportunity in a well-managed and maintained 11-unit building, with six 2-bedroom units and five 1-bedroom units. There are 7 surface parking units, coin-op laundry, and separate hydro meters. Upgraded gas boiler and windows. High demands area, steps to transit, shops, school, parkland, and the Lake. Lots of upside. The property is being sold in conjunction with 6 Lake Shore Dr (six units) on MLS.
Price $2,600,000
Taxes: $20,110.21
Tax Type: Annual
Occupancy by: Tenant
Address: 8 Lake Shore Driv , Toronto, M8V 1Z1, Toronto
Postal Code: M8V 1Z1
Province/State: Toronto
Legal Description: LT1 & PT LT 2, PL 1783, AS IN TB17352; E
Lot Size: 30 x 104.73 (Feet)
Directions/Cross Streets: Lake Shore Dr/ First
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5,274.31
Total Area Code:  Square Feet
Area Influences: Greenbelt/Conse   Public Transit
Financial Statement: T
Maintenance: 0
Gross Income/Sales: $166580
Operating Expenses: $48510
Net Income Before Debt: $118070
Year Expenses: 2022
Expenses Actual/Estimated: $Act
Sprinklers: No
Heat Type: Gas Hot Water
Central Air Conditioning: No
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

8 Lake Shore Driv , Toronto, M8V 1Z1, Toronto


 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto W06
Neighbourhood: New Toronto
Style:
Lot Size: 30.00 x 104.73(Feet)
Approximate Age:
Tax: $20,110.21
Maintenance Fee: $0
Beds: 0
Baths: 11
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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