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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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3140 Lake Shore Boulevard W Toronto W06
For SalePrice DropNew Toronto

3140 Lake Shore Boulevard W Toronto W06, Commercial Retail for Sale

MLS® W12640618

New Toronto, Toronto, ON

325 days on market
$2,350,000
Previously $2,450,000
Show on Map
Show on Map
N/ABeds
N/ABaths
5,400Sqft
N/AParking
Commercial Retail

Overview· 3140 Lake Shore Boulevard W Toronto

MLS® #W12640618

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.

Broker

KINGSWAY REAL ESTATE

Neighbourhood

New Toronto

Walk 90Avg $1.22MArea guide

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Walk Score®85Very WalkableVery Walkable
Transit Score®65Good TransitGood Transit
Bike Score®76Very BikeableVery Bikeable
Schools827 schools within 1.5 km · nearest 405 m7 schools within 1.5 km · nearest 405 m
Parks8011 parks within 1 km · nearest 246 m11 parks within 1 km · nearest 246 m
Convenience7123 groceries, cafes and pharmacies within 1 km · nearest 305 m23 groceries, cafes and pharmacies within 1 km · nearest 305 m
Safety29Safer than 29% of Toronto neighbourhoods (2025)New Toronto: 1,730 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 3140 Lake Shore Boulevard W Toronto

Source: MLS® listing data
3140 Lake Shore Boulevard W Toronto

Commercial Retail

3140 Lake Shore Boulevard W Toronto

New Toronto

Type

Commercial Retail

Parking

Other

Property Tax

~$24,040/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

5400 sqft

Parking

Other

Finances

List Price

$2,350,000

Price per SQFT

$435/sqft

Property Tax

~$24,040/yr

Property Specs

Property Type

Commercial Retail

MLS Size

5400 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

New Toronto

Listed On

Dec 17, 2025

Price & Listing History

Days on Market

Current: 325 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 3140 Lake Shore Boulevard W Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$9,452/mo
Property Tax$2,003/mo
Total Monthly$11,455

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0