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3263 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1M2

MLS® # W12742840
Investment For Sale In Long Branch, Toronto, Ontario
$4,495,000
Exterior Building - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor
Exterior Building - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor
Lobby Area - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Lobby Area - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Living Room
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Bedroom
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen With Double Sink
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen With Double Sink
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen
Apartment 5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Bathroom
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Mechanical Room - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Basement
Mechanical Room - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Basement
3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Rear Parking Area - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor
Connected Apartment - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor
Exterior Building - 3263 Lake Shore Boulevard W, Toronto, ON  - Outdoor
Exterior Building - 3263 Lake Shore Boulevard W, Toronto, ON  - Outdoor
Lobby Area - 3263 Lake Shore Boulevard W, Toronto, ON  - Indoor Photo Showing Other Room
Lobby Area - 3263 Lake Shore Boulevard W, Toronto, ON  - Indoor Photo Showing Other Room
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Living Room
Apartment #1 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Bedroom
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #2 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen With Double Sink
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen With Double Sink
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #4 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Kitchen
Apartment 5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Bathroom
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Other Room
Apartment #5 - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Mechanical Room - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Basement
Mechanical Room - 3263 Lake Shore Boulevard W, Toronto, ON - Indoor Photo Showing Basement
3263 Lake Shore Boulevard W, Toronto, ON - Outdoor With Exterior
Rear Parking Area - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor
Connected Apartment - 3263 Lake Shore Boulevard W, Toronto, ON - Outdoor
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3263 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1M2
$4,495,000

Property Information:

This very profitable legal apartment building comprises ten well-maintained units, strategically situated just two minutes away from Humber College. Its prime location makes it a highly desirable investment for those seeking strong returns and stable demand. The property offers versatility in management, as it can be operated either as a traditional rental or as an Airbnb business. This flexibility provides potential owners with the opportunity to choose the model that best suits their investment strategy and market conditions. The current tenant baseis primarily composed of Humber College students. This revolving tenancy ensures a steady influx of occupants, contributing to the building's consistent profitability year after year. Significant renovations were completed in 2017 and 2019, resulting in the building being in excellent condition. These upgrades have enhanced the property's appeal and ensured that all units meet modern standards. The building is equipped with advanced security and safety amenities, including: Keyless/Keyscan access for secure entry; API fire monitoring system; 24/7 security cameras installed throughout the premises; LED lighting for improved visibility and energy efficiency. A new roof was installed in 2017, providing long-term durability and protection. Additionally, the building features a tankless boiler system, ensuring efficient heating and optimal energy usage for all tenants. The units have separate meters (7 existing and 4approved). (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 7707 sqft
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 7707 Square Feet
  • Irregular: Yes
  • Lot Depth: 115 Feet
  • Lot Frontage: 40 Feet
  • Lot Size: 40 x 115 FT
  • Zoning: C1-AV - Commercial Avenues
  • No. of Parking Spaces: 2

REALTOR.ca  

Location of 3263 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1M2

Demographic Information of 3263 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V 1M2

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$135,754.00

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.27 %

High school certificate or equivalent

26.57 %

Apprenticeship trade certificate/diploma

3.04 %

College/non-university certificate

17.71 %

University certificate (below bachelor)

3.02 %

University Degree

34.38 %

Commuter

Travel To Work

By Car

72.5 %

By Public Transit

20.13 %

By Walking

4.23 %

By Bicycle

0.87 %

By Other Methods

2.27 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.52 %

Houses

50.48 %

Own Vs. Rent