$2,400,000
Available - For Sale
Listing ID: W11916449
6 Lake Shore Drive , Toronto, M8V 1Z1, Toronto
| 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. The 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 | $2,400,000 |
| Taxes: | $10145.45 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 6 Lake Shore Drive , Toronto, M8V 1Z1, Toronto |
| Postal Code: | M8V 1Z1 |
| Province/State: | Toronto |
| 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 6899.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Greenbelt/Conse Public Transit |
| Financial Statement: | T |
| Gross Income/Sales: | $131256 |
| Operating Expenses: | $33945 |
| Net Income Before Debt: | $97311 |
| Year Expenses: | 2024 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 6 |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | No |
| Sewers: | Sanitary |
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| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto W06 |
| Neighbourhood: | New Toronto |
| Lot Size: | 82.87 x 99.60(Feet) |
| Tax: | $10,145.45 |
| Baths: | 6 |
| Fireplace: | N |
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