803 lakeshore Road

About this home

Dare to compare !! Exceptional commercial/residential property,same owners for the last 59 years, meticulously maintained with many upgrades. This is an income generating building in a highly visible location,fronting on lakeshore with excellent exposure to both pedestrian and vehicular traffic, offering strong visibility for the retail component and convenient access to the residential tenants.The property features 3x2 bedrooms apartments and one retail space, providing an attractive combination of commercial and residential uses.The property is currently fully tenanted with leases in place until 2027,with tenants willing to stay offering immediate income to the next owner, Extensively upgraded and carefully maintained, the building features updated windows, roof and four side stucco finish, 400 amp electrical service,five separate meters,a new tankless water heater and a new air condition unit (for store only). With its long-standing ownership,established tenancy,significant recent improvements,multiple income streams and prime lakeshore exposure, this property represent an excellent opportunity for investors or owner-users seeking a solid,income producing asset with long term potential.Great upside in years to come with new developments coming to the area !!!

Details

Property type

Store W Apt/Office

Heating

Electric Forced Air

Air conditioning

Partial

Garage

None

Lot frontage

40.08

Lot depth

122.5

Lot units

Feet

Cross streets

dixie/lakeshore

Property taxes

$10,940

Tax year

2026

MLS® number

W13733864

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Listing courtesy of CASTLEMORE REAL ESTATE LIMITED.