3339 Lake Shore Boulevard W
3339 Lake Shore Boulevard W
$1,375,000
$523/sq ft · 35 days on market
About This Listing
Rare opportunity to own a versatile live/work mixed-use building in a prime high-demand location with vacant possession available! This income-generating property features 4 self-contained units, including 1 ground-floor commercial storefront and 3 residential units, offering exceptional flexibility for investors and owner-operators alike. Previously operated as a successful nail salon, the commercial space is ideal for a wide range of retail, beauty, office, or service based businesses. Strategically located just a 1 minute drive or 5 minute walk to Humber College, providing outstanding rental potential for student housing and strong exposure for commercial use. Projected gross income potential exceeds $10,000 per month with an estimated cap rate above 6%. Surrounded by dense residential communities, popular restaurants, retail plazas, supermarkets, and everyday conveniences. Public transit is right at the doorstep with easy access to Go Transit, TTC, and major highways. Exceptional opportunity for investors, entrepreneurs, and live/work users seeking strong cash flow and long-term growth potential.
| Monthly Mortgage (P&I) | $5,991 |
| Property Tax (MLS) | $645 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $6,636 |
Down payment: $275,000 (20.0%) · Mortgage: $1,100,000
Property tax uses MLS annual tax of $7,737/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by KW Living Realty
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Data last updated: August 23, 2026 at 10:26 a.m.