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. Transit access, nearby streetcar service, and street parking, 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.
Address
3140 Lake Shore Boulevard W
List Price
$2,450,000
MLS® Status
New
Expiration Date
2026-04-17
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto W06
Sub-Area
New Toronto
Region
Toronto
Lot Size Source
MPAC
Lot Depth
86
Lot Type
Lot
Lot Size Units
Feet
Lot Width
50
Parcel Number
075990031
Total Building Area
5400
Occupant Type
Partial
Cross Street
Lake Shore Blvd W and Kipling
MLS® Number
W12640618
Listing Brokerage
KINGSWAY REAL ESTATE
Postal Code
M8V 1L4
Posession Details
Flexible
Tax Amount
$24,040.00
Tax Year
2024
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Partial
Garage Type
Other
Security Features
Partial
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