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2378 Lake Shore Boulevard WToronto, ON M8V 1C3

Toronto

$4,200,000List price
10,681Sq Ft

Description

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 Information

Property type
Commercial Sale
Sub-type
Retail
Building area
10,681 Sq Ft
Lot dimensions
100.5x106.28
MLS® Listing#
W13425280

Property Features

Financial Details

Annual taxes
$41,960Tax year 2026
Parcel number
076250179

Directions

Lake Shore Blvd W / Parklawn

Information located on this site is from sources believed to be reliable but should not be relied upon without verification. The Ottawa Real Estate Board assumes no responsibility for its accuracy. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.F119

Connect with a Local Real Estate Expert

  • Sara Hammer

    Sales Representative

    EXIT Ottawa Valley Realty, Brokerage

  • Katie Street

    Sales Representative

    EXIT Ottawa Valley Realty, Brokerage

  • Natalie Frodsham

    Broker of Record, Franchisee

    EXIT Ottawa Valley Realty, Brokerage

  • Rob Frodsham

    Sales Representative

    EXIT Ottawa Valley Realty, Brokerage

  • Lisa Cundal

    Broker

    EXIT Ottawa Valley Realty, Brokerage