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MLS® W12640618
New Toronto, Toronto, ON
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
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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
Days on Market
Current: 325 days
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