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$ 2,450,000
Est. payment /mo
Price Dropped by $150K
3140 Lake Shore BLVD W Toronto W06, ON M8V 1L4
5,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $453
Subdivision New Toronto
MLS Listing ID W12353100
Annual Tax Amount $24,040
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Freestanding mixed-use building with 50 ft frontage on Lake Shore and Kipling, offering exceptional visibility and foot traffic. This solid block and brick construction totals approximately 5,400 sq ft above grade, plus an additional 1,500 sq ft basement not included in the total, and sits on a 50 86 ft lot with CR3 zoning that allows for a wide range of uses. Features a renovated two-bedroom apartment on the second floor (approx. 1,200 sq ft) with a large 3,100 sq ft terrace that presents future build-out potential, while the main floor provides bright open commercial space with, rear public laneway access, and a drive-in door. Located directly across from Humber College, the site benefits from constant exposure to students, local residents, and growing density in the Lake Shore corridor. Transit access is excellent, streetcar nearby and parking on both sides of the street available. Offers strong long-term value for an owner-user seeking a flagship location or an investor looking to reposition and capture both residential and commercial income streams. Adjacent lots may also be available, offering the possibility of assembly and up to 200 ft frontage for larger scale redevelopment.
Location
Province ON
County Toronto
Community New Toronto
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Available
Lot Frontage 50.0
Lot Depth 86.0
Others
Security Features Partial
Listed by KINGSWAY REAL ESTATE
