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Home ON Greater Toronto Area Toronto Etobicoke New Toronto
3140 LAKE SHORE BOULEVARD W
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3140 LAKE SHORE BOULEVARD W $2,450,000
$2,450,000
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3140 LAKE SHORE BOULEVARD W
Toronto (New Toronto), Ontario M8V1L4

MLS® Number: W12353066

Listing 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. (41105118)

Location Description

Lake Shore Blvd W and Kipling

Property Summary

Property Type
Retail
Community Name
New Toronto
Land Size
50 x 86 FT
Annual Property Taxes
$24,040
Time on REALTOR.ca
117 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
5400 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
86 ft
Other Property Information
Zoning Description
CR 3.0 (c3.0; r3.0) SS2
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SANDRA DEBOWCZYK