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$1,349,000
Ontario,Toronto (Mimico)
For Sale Active
102 - 2240 LAKE SHORE BOULEVARD W, Toronto (Mimico), Ontario M8V0B1
  • 1
  • 1,147 Sqft
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Basic Details
Description

Rarely Available Renovated Commercial Unit in South Etobicoke! Located along Lake Shore, this 1,147 sq ft commercial space is ideal for a wide variety of uses, including retail, office, or medical services. Excellent exposure and plenty of local foot traffic from many condos in this high demand area – units are almost never for sale. The unit is currently leased

to a thriving barbershop through September 2027 (option to renew). Tenant pays: utilities & insurance. Landlord pays property tax & maintenance. Net Operating Income / NOI is $72,948/year. Estimated 5.7% Cap Rate. Owned underground parking spot included. Ideal for investors or end-users seeking a highly visible, renovated commercial space with guaranteed income. This space is in a high-traffic area surrounded by 279 residential units and established businesses, offering plenty of foot traffic. Additionally, the unit benefits from shipping and receiving access and is just minutes from the Gardiner Expressway/QEW, providing easy access to major transportation routes. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: W12082526
  • Price: $1,349,000
  • Bathrooms: 1
  • Square Footage: 1,147 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 64231
Features & Appliances
Features
  • Heating System: Electric, Forced air
  • Cooling System: Fully air conditioned
  • Parking: Underground
Address Map
  • Location: CA, Ontario, Toronto (Mimico), M8V0B1
  • Street: Lake Shore
  • Street Number: 2240
  • Street Suffix: Boulevard
  • Longitude: W80° 31' 0''
  • Latitude: N43° 37' 16.4''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
Financial
  • Tax Annual Amount: 13217
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Listing updated: 2025-11-24 06:30:20
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Listing Information
  • List Agent Key: 1407649
  • List Office Key: 64231
  • Modification Timestamp: 2025-10-16T02:50:50Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-10-16T02:36:05Z
Powered by REALTOR.ca
Listing updated: 2025-11-24 06:30:21

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