3263 Lake Shore Boulevard W, Toronto W06, ON M8V 1M2
$4,495,000
3263 Lake Shore Boulevard W, Toronto W06, ON M8V 1M2, Toronto W06, ON
Bed 16
Bath 11
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).
Property Highlights
For Sale
MLS NO.
W12742858
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
16
Bathrooms
11
Parking
2.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
W12742858
Living Area Range
3500-5000
Total Bedrooms
16
Bedrooms Above Grade
16
Total Bathrooms
11
Total Kitchens
10
Kitchens Above Grade
10
Rooms Above Grade
27
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Brick Veneer
Roof
Flat
Lot Width
40.0
Lot Size
4617.71
Lot Size Units
SquareFeet
Parking Features
Other
Parking Total
2.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
South
Cooling
Wall Unit(s)
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
3263 Lake Shore Boulevard W, Toronto W06, ON M8V 1M2
City
Toronto W06
Neighbourhood
Long Branch
County / Region
Toronto
Province / State
ON
Postal Code
M8V 1M2
Cross Street
Lake Shore Blvd W & Kipling Avenue
Directions
Lake Shore Blvd W & Kipling Avenue
Country
CA
List Price
$4,495,000
Annual Taxes
$11,878
Tax Year
2025
Legal Description
PT LT 169, PL 1581, AS IN TB942258 ; ETOBICOKE , CITY OF TORONTO
Possession Type
Flexible
Possession Details
TBA
Listing Office
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-01-30T18:01:45Z
Media Updated
2026-01-30T18:01:46Z
Photos Updated
2026-01-30T18:01:46Z
Last Modified
2026-02-19T21:29:41Z
System Modified
2026-02-19T21:29:41.350347Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Apartment
Co List Office Name
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Ddfyn
No
Expiration Date
2026-07-31
Foundation Details
Concrete Block
Heat Source Multi
Gas
Heat Type Multi
Water
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
075950122
Parking Spaces
2
Property Features
Park, Public Transit, School
Public Remarks
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).
