3263 Lake Shore Boulevard W., Toronto, ON M8V 1M2

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).