For saleMLS® W13425280

2378 Lake Shore Boulevard W, Toronto, ON M8V 1C3

Mimico, Toronto · Near Lake Shore Blvd W · View map

$4,200,000
10681Sq ft
Commercial retailType
Outside/SurfaceGarage
NoneParking
$41,960/yrTaxes
$4,200,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 100.5 x 106.3 ftThe land comes with the home

About this home

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.

The home

Type
Commercial retail
Square footage
10681 sq ft
Lot size
100.5 x 106.3 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$41,960/yr
Tax year
2026
Occupancy
Tenant
Possession
90 / TBA
Cross street
Lake Shore Blvd W
Neighbourhood
Mimico

More

MLS® number
W13425280

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$20,438per 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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    2378 Lake Shore Boulevard, Toronto, ON M8V 1C3

    Mimico, Toronto · Near Lake Shore Blvd W

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    Sold history

    Listing history for 2378 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 2378 Lake Shore Boulevard W

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

    How much is 2378 Lake Shore Boulevard W listed for, and what would it cost each month?

    2378 Lake Shore Boulevard W is listed for $4,200,000. With 20% down ($840,000), the mortgage payment would be roughly $16,942 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $20,438 a month, all in. That figure is an illustration, not a quote.

    Is 2378 Lake Shore Boulevard W freehold or a condo, and is there a monthly fee?

    2378 Lake Shore Boulevard W is a commercial retail 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 2378 Lake Shore Boulevard W have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 2378 Lake Shore Boulevard W?

    2378 Lake Shore Boulevard W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 2378 Lake Shore Boulevard W, and what is the lot size?

    The lot is listed as 100.5 x 106.3 ft.

    How is 2378 Lake Shore Boulevard W heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 2378 Lake Shore Boulevard W?

    Property taxes are $41,960 a year (2026), or about $3,497 a month.

    Where is 2378 Lake Shore Boulevard W?

    2378 Lake Shore Boulevard W is in the Mimico community of Toronto. The nearest main intersection is Lake Shore Blvd W. The postal code is M8V 1C3.

    Is 2378 Lake Shore Boulevard W still for sale?

    Yes. It is an active listing (MLS® W13425280). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 2378 Lake Shore Boulevard W asking?

    Similar properties for sale nearby right now include 3555 Lake Shore Boulevard W at $4,195,000, 14 Gail Grove at $4,100,000 and 2727-2731 Jane Street at $4,000,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 2378 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 2378 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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