2709 Lake Shore Boulevard W

Mimico Toronto M8V 1G6

Discover a rare investment opportunity in South Etobicoke, just steps from Lake Ontario. 2709 Lake Shore is a well-maintained, legal six-unit apartment building (five two-bedroom units and one one-bedroom unit) with strong upside potential: Committee of Adjustment Approval allows reconfiguration into nine one-bedroom units and one two-bedroom unit. Ideally situated near Royal York Road and Lake Shore Boulevard, the property is only 10 minutes from downtown Toronto and offers two garage spaces plus three outdoor parking spots. Residents will enjoy being only steps away from and overlooking Lake Ontario, providing scenic views. The building can be operated as a traditional rental building or as an Airbnb operation. It is a very profitable investment. Extras: Basement common laundry area; keyless/keyscan entry, separate hydro meters, security cameras.