For Sale

3140 Lake Shore Boulevard, Toronto W06, Ontario M8V 1L4

$0

3140 Lake Shore Boulevard, Toronto W06, Ontario M8V 1L4 is For Sale and has a listing price of 2,450,000. The property is located in the New Toronto neighbourhood . It's been on the website for 60 Days.

  • MLS ID: W12353066
  • Office Name KINGSWAY REAL ESTATE
Property Description

Incredible opportunity to own a freestanding mixed-use building with 50 ft frontage at Lake Shore Blvd and Kipling, positioned in one of Toronto’s fastest-growing high-density corridors. Offering exceptional visibility, strong foot traffic, and income potential from both residential and commercial components, this property is ideal for end-users, investors, or developers.Solid block-and-brick construction totaling approx. 5,400 sq ft above grade plus 1,500 sq ft basement (not included in total) on a lot with CR3 zoning allowing a wide range of uses. The 2-bedroom apartment on the second floor (approx. 1,200 sq ft) features a massive 3,100 sq ft terrace with future build-out potential, while the main floor offers bright open commercial space with rear laneway access and a drive-in door for retail, showroom, or service-based uses.Located across from Humber College, the site benefits from constant exposure to students, residents, and growing density throughout the Lake Shore corridor. Excellent transit access, nearby streetcar service, and parking and TTC access on both sides of the street add convenience and visibility.Seller is open to offering a Vendor Take-Back (VTB) mortgage, providing flexibility for qualified purchasers. Adjacent lots may also be available, allowing potential assembly and up to 200 ft frontage for larger-scale redevelopment.

Property Details
  • MLS ID: W12353066
  • Price: $2,450,000
  • Lot Depth: 86
  • Transaction Types: For Sale
  • Ref ID: W12353066
  • Year Built: N/A
  • Dir / Cross St: Lake Shore Blvd W and Kipling
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/19/2025 W12353066 $2,600,000 For Sale - -
08/19/2025 W12353100 $2,450,000 For Sale - -
05/01/2025 W12114932 $2,600,000 For Sale - -
05/01/2025 W12116131 $2,600,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Toronto
  • $1,069,239 Average List Price
    based on 1 year
  • 84 New Listings
    based on 30 days
  • 49 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.06 % Up
  • Sold (12mo) 101
  • Rented (12mo) 103

  • 1 Month Change -
  • 3 Month Change +180449900.0%
  • 6 Month Change +59.3%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Other
  • Taxes: $24,040
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 19/08/2025 18:14:11
Want to see this property?