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The WestLake 2847 Lake Shore Blvd W

11 Room Hotel Toronto, ON M8V 1H8 £5,506,398 (£500,582/Room) 5.49% Net Initial Yield

Hotels & Motels Ontario Toronto 2847 Lake Shore Blvd W, Toronto, ON M8V 1H8

Investment Highlights

  • Own most of the block.
  • New roof.
  • Renovated top to bottom.

Executive Summary

EARN $786,000 / 101 ft corner property / 13,850 SF / 5 retail units / 11-room boutique Hotel operation. Amazing opportunity for cash flow

Property Facts

Price £5,506,398 Building Class B
Price Per Room £500,582 Building Size 13,850 SF
Sale Type Investment No. Rooms 11
Net Initial Yield 5.49% Number of Floors 2
Property Type Hospitality Year Built/Renovated 1920/2018
Property Subtype Hotel Corridor Interior
Price £5,506,398
Price Per Room £500,582
Sale Type Investment
Net Initial Yield 5.49%
Property Type Hospitality
Property Subtype Hotel
Building Class B
Building Size 13,850 SF
No. Rooms 11
Number of Floors 2
Year Built/Renovated 1920/2018
Corridor Interior

Amenities

  • High Speed Internet Access
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 9 £243.50 -
Guest Room 2 £91.31 -
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Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(647) 313-3400

  • Listing ID: 31085243

  • Date on Market: 29/02/2024

  • Last Updated:

  • Address: 2847 Lake Shore Blvd W, Toronto, ON M8V 1H8

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© 2024 CoStar Group

The WestLake | 2847 Lake Shore Blvd W
(647) 313-3400 x

The WestLake | 2847 Lake Shore Blvd W

Danny Shvartsman

(647) 313-3400

(647) 313-3400

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