3140 Lake Shore Boulevard W
New Toronto
Toronto
M8V 1L4
$2,450,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W12353066
- Photos (5)
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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 Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 5400 sq. ft. Square Feet
- Total Area:
- 5,400 sq. ft.502 m2
- Retail Area:
- 5400 sq. ft. Sq Ft
- Lot Depth:
- 86'26.2 m
- Lot Frontage:
- 50'15.2 m
- Water supply:
- Municipal
- Zoning:
- CR 3.0 (c3.0; r3.0) SS2
- Heating type:
- Gas Forced Air Closed
- Garage:
- Other
- Possession Details:
- Immediate
- HST Applicable To Sale Price:
- In Addition To
- Assessment Year:
- 2024
- Type Taxes:
- N/A
- Taxes:
- $24,040 / 2024
- Assessment:
- $- / 2024
- Toronto
- Toronto W06
- New Toronto
- Partial
- Utilities:
- Available
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Category:
- Retail
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Listed by KINGSWAY REAL ESTATE
Data was last updated October 24, 2025 at 07:15 PM (UTC)
- Markian Silecky
- REMAX PROFESSIONALS INC.
- 647-282-7653
- markian@sileckythompson.com
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