3263 Lake Shore Boulevard W, Toronto W06, ON M8V 1M2
$3,999,900
3263 Lake Shore Boulevard W, Toronto W06, ON M8V 1M2, Toronto W06, ON
7707.0 sqft
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 base is 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/Key scan 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 4 approved).
Property Highlights
For Sale
MLS NO.
W12803770
Type
Commercial
Sub Type
Investment
Square Footage
7707.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
W12803770
Lot Width
40.0
Lot Size
4617.71
Lot Size Units
SquareFeet
Garage Type
Outside/Surface
Cooling
Partial
Heat Type
Gas Hot 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
$3,999,900
Annual Taxes
$11,878
Tax Year
2025
Possession Type
Other
Possession Details
TBA
Listing Office
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-19T21:40:20Z
Media Updated
2026-03-25T15:07:21Z
Photos Updated
2026-02-19T21:40:20Z
Last Modified
2026-04-16T14:28:52Z
System Modified
2026-04-16T14:28:52.859317Z
MLS Status
New
Basement Yn
Yes
Co List Office Name
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Ddfyn
No
Expiration Date
2026-08-31
Heat Type Multi
Gas Hot Water
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
075950122
Parking Spaces
2
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 base is 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/Key scan 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 4 approved).
