2378 Lake Shore Boulevard W, Toronto, ON M8V 1C3, Toronto W06, ON
10681.0 sqft
Exceptional investment and redevelopment opportunity along Toronto's rapidly evolving western waterfront corridor. Prominently situated on a high-exposure stretch of Lake Shore Blvd W within the Mimico 20/20 Revitalization Area, this rare offering presents outstanding long-term upside in a neighbourhood undergoing significant residential intensification and urban transformation. Surrounded by existing and planned high-rise residential developments, the property is well positioned to benefit from continued population growth, infrastructure investment, and increasing demand for mixed-use redevelopment opportunities. Excellent connectivity with immediate access to TTC streetcar service, Mimico and Long Branch GO Stations, Gardiner Expressway, Hwy 427/401, Pearson Airport, and downtown Toronto. Features strong frontage, excellent visibility, ample on-site parking, and flexible mixed-use zoning. Currently improved with a fully leased commercial plaza providing stable holding income while future redevelopment plans are explored. Steps to Lake Ontario, waterfront parks, trails, and recreational amenities. Must be purchased together with 2386 Lake Shore Blvd W, creating a rare large-scale assembly opportunity with enhanced frontage, increased flexibility, and exceptional redevelopment potential in one of Toronto's most dynamic waterfront communities.
Property Highlights
For Sale
MLS NO.
W13425280
Type
Commercial
Sub Type
Commercial Retail
Square Footage
10681.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Commercial Retail
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
W13425280
Security Features
No
Lot Width
100.5
Lot Size
10681.0
Lot Size Units
SquareFeet
Garage Type
Outside/Surface
Cooling
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
2378 Lake Shore Boulevard W, Toronto, ON M8V 1C3
City
Toronto W06
Neighbourhood
Mimico
County / Region
Toronto
Province / State
ON
Postal Code
M8V 1C3
Cross Street
Lake Shore Blvd W
Directions
Lake Shore Blvd W / Parklawn
Country
CA
List Price
$4,200,000
Annual Taxes
$41,960
Tax Year
2026
Possession Type
Flexible
Possession Details
90 / TBA
Listing Office
RE/MAX REALTRON REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-10T14:31:10Z
Media Updated
2026-06-10T14:31:10Z
Photos Updated
2026-06-10T14:31:10Z
Last Modified
2026-07-09T16:56:54Z
System Modified
2026-07-09T16:56:54.735081Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2027-06-30
Heat Type Multi
Gas Forced Air Closed
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
076250179
Public Remarks
Exceptional investment and redevelopment opportunity along Toronto's rapidly evolving western waterfront corridor. Prominently situated on a high-exposure stretch of Lake Shore Blvd W within the Mimico 20/20 Revitalization Area, this rare offering presents outstanding long-term upside in a neighbourhood undergoing significant residential intensification and urban transformation. Surrounded by existing and planned high-rise residential developments, the property is well positioned to benefit from continued population growth, infrastructure investment, and increasing demand for mixed-use redevelopment opportunities. Excellent connectivity with immediate access to TTC streetcar service, Mimico and Long Branch GO Stations, Gardiner Expressway, Hwy 427/401, Pearson Airport, and downtown Toronto. Features strong frontage, excellent visibility, ample on-site parking, and flexible mixed-use zoning. Currently improved with a fully leased commercial plaza providing stable holding income while future redevelopment plans are explored. Steps to Lake Ontario, waterfront parks, trails, and recreational amenities. Must be purchased together with 2386 Lake Shore Blvd W, creating a rare large-scale assembly opportunity with enhanced frontage, increased flexibility, and exceptional redevelopment potential in one of Toronto's most dynamic waterfront communities.
