For saleMLS® W13668436

104 - 2240 Lake Shore Boulevard W, Toronto, ON M8V 0B1

Mimico, Toronto · Near Lake Shore/Park Lawn · View map

$149,000
1100Sq ft
Sale of businessType
UndergroundGarage
NoneParking
$149,000
FreeholdNo monthly condo fee
Underground parkingFrom the listing

About this home

Located in one of Toronto's fastest-growing and highest-traffic neighbourhoods, this established restaurant is surrounded by more than 30 luxury condominium towers, flourishing businesses, and a dense residential population that generates consistent foot traffic and year-round demand. This prime location offers outstanding visibility, excellent signage exposure, and significant growth potential. Continue operating the existing concept or rebrand to your own restaurant or franchise. A wide variety of cuisines are permitted, making this an ideal opportunity for concepts such as Shawarma, Indian, Thai, Chinese, Burgers, Mediterranean, Mexican, Sushi, and more. The restaurant features a fully equipped commercial kitchen with premium equipment, including a 12-foot extra-wide exhaust hood, walk-in refrigerator, Rational 10-pan combi oven, six-burner stove, griddle, two deep fryers, two induction cooktops, rice warmer, two upright freezers, two chest freezers, multiple prep tables, storage shelving, security camera system, TVs, and much more. Exceptional street exposure with an extended patio offers additional seating and seasonal revenue potential. The business benefits from multiple revenue streams, including dine-in, takeout, catering, Uber Eats, DoorDash, and SkipTheDishes. Don't miss this rare opportunity to acquire a fully equipped restaurant in one of Toronto's premier west-end communities with exceptional visibility, established customer demand, and tremendous future growth potential. Rent $6500/month includes TMI & HST. Long lease 4 years + 5 years option to renew. Equipment & set-up worth the price!

The home

Type
Sale of business
Square footage
1100 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Electric Forced Air
Air conditioning
Yes

Garage & parking

Garage
Underground
Total parking
None

Taxes & other

Tax year
2026
Occupancy
Owner
Possession
Immediate
Cross street
Lake Shore/Park Lawn
Neighbourhood
Mimico

More

MLS® number
W13668436

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Want to know something that isn’t listed?
Estimated monthly cost$694per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    2240 Lake Shore Boulevard, Toronto, ON M8V 0B1

    Mimico, Toronto · Near Lake Shore/Park Lawn

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    Sold history

    Listing history for 2240 Lake Shore Boulevard

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 104 - 2240 Lake Shore Boulevard W

    Answers come straight from this home’s MLS® listing.

    How much is 104 - 2240 Lake Shore Boulevard W listed for, and what would it cost each month?

    104 - 2240 Lake Shore Boulevard W is listed for $149,000. With 20% down ($29,800), the mortgage payment would be roughly $601 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $694 a month, all in. That figure is an illustration, not a quote.

    Is 104 - 2240 Lake Shore Boulevard W freehold or a condo, and is there a monthly fee?

    104 - 2240 Lake Shore Boulevard W is a sale of business in Mimico, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 104 - 2240 Lake Shore Boulevard W have a garage and parking?

    Yes. The listing shows the garage as underground. The listing does not include a parking space.

    What style of home is 104 - 2240 Lake Shore Boulevard W?

    104 - 2240 Lake Shore Boulevard W is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 104 - 2240 Lake Shore Boulevard W heated and cooled?

    Heating is electric forced air. Cooling is yes.

    Where is 104 - 2240 Lake Shore Boulevard W?

    104 - 2240 Lake Shore Boulevard W is in the Mimico community of Toronto. The nearest main intersection is Lake Shore/Park Lawn. The postal code is M8V 0B1.

    Is 104 - 2240 Lake Shore Boulevard W still for sale?

    Yes. It is an active listing (MLS® W13668436). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 104 - 2240 Lake Shore Boulevard W asking?

    Similar properties for sale nearby right now include 2904 - 2240 Lake Shore Boulevard W at $699,990 (2 bed), 1F & Basement - 3226 Lake Shore Boulevard W at $159,000 and F - 2977 Lake Shore Boulevard W at $175,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 2240 Lake Shore Boulevard sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 104 - 2240 Lake Shore Boulevard W?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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