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The WestLake 2847 Lake Shore Blvd W
11 Room Hotel Toronto, ON M8V 1H8 $6,872,021 USD ($624,729 USD/Room) 5.49% Cap Rate
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 | $6,872,021 USD | Building Class | B |
| Price Per Room | $624,729 USD | Building Size | 13,850 SF |
| Sale Type | Investment | No. Rooms | 11 |
| Cap Rate | 5.49% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1920/2018 |
| Property Subtype | Hotel | Corridor | Interior |
| Price | $6,872,021 USD |
| Price Per Room | $624,729 USD |
| Sale Type | Investment |
| Cap Rate | 5.49% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Building Size | 13,850 SF |
| No. Rooms | 11 |
| No. Stories | 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 | $303.89 USD | - |
| Guest Room | 2 | $113.96 USD | - |
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Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (88)
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The WestLake | 2847 Lake Shore Blvd W
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