3267 Lake Shore Boulevard West, Toronto (Long Branch), Ontario, M8V1M2
This retail property in Toronto is for sale offering roughly 5,354 sq ft of space.
Prime 5354 square foot retail opportunity on highly sought after Lake Shore Blvd West in the heart of South Etobicoke. This well-positioned fully detached storefront offers excellent visibility, strong pedestrian and vehicular exposure and convenient access to surrounding residential neighbourhoods and major transit routes. This space features a functional open layout suitable for a variety of retail or service-based uses with ample street parking for customers plus parking for 5 staff cars. This building also features a lucrative solar grid that generates up to 10,000 watts of electricity and sells that energy to Toronto Hydro for $14,000 per annum, which you receive as the owner. There is 5 years remaining on this contract so the new owner of the building will receive approximately $70,000.00, essentially covering both your Gas and Hydro bills until 2031. This square footage includes the basement which features a rear separate entrance making it completely versatile for agrowing retail or service-based business. Brand new air conditioner. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 33 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Toronto (Long Branch) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,999,999.99, about 25.3× the local median household income of $79,000.
Carrying it typically needs a household income of about $390,670 (20% down, 25-yr amortization, stress-tested) — roughly 395% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8V)
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