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$ 2,450,000
Est. payment /mo
Price Dropped by $150K
3140 Lake Shore BLVD W Toronto W06, ON M8V 1L4
5,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $453
Subdivision New Toronto
MLS Listing ID W12353066
Annual Tax Amount $24,040
Tax Year 2024
Property Sub-Type Commercial Retail
Lot Depth 86.0
Lot Front 50.0
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.
Location
Province ON
County Toronto
Community New Toronto
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 50.0
Lot Depth 86.0
Others
Security Features Partial
ParcelsYN No
Listed by KINGSWAY REAL ESTATE
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