2386 Lake Shore Boulevard W, Toronto, ON M8V 1C3
Mimico, Toronto · Near Lake Shore Blvd W · View map
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 2378 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
- 3688 sq ft
- Lot size
- 33 x 111.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Hot Water
- Air conditioning
- Yes
Garage & parking
- Garage
- Reserved/Assignd
- Total parking
- None
Taxes & other
- Property taxes
- $17,231/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- 90 / TBA
- Cross street
- Lake Shore Blvd W
- Neighbourhood
- Mimico
More
- MLS® number
- W13425278
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
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.
2386 Lake Shore Boulevard, Toronto, ON M8V 1C3
Mimico, Toronto · Near Lake Shore Blvd W
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Listing history for 2386 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.
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Frequently asked questions about 2386 Lake Shore Boulevard W
Answers come straight from this home’s MLS® listing.
How much is 2386 Lake Shore Boulevard W listed for, and what would it cost each month?
2386 Lake Shore Boulevard W is listed for $2,000,000. With 20% down ($400,000), the mortgage payment would be roughly $8,067 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,503 a month, all in. That figure is an illustration, not a quote.
Is 2386 Lake Shore Boulevard W freehold or a condo, and is there a monthly fee?
2386 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 2386 Lake Shore Boulevard W have a garage and parking?
Yes. The listing shows the garage as reserved/assignd. The listing does not include a parking space.
What style of home is 2386 Lake Shore Boulevard W?
2386 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 2386 Lake Shore Boulevard W, and what is the lot size?
The lot is listed as 33 x 111.8 ft.
How is 2386 Lake Shore Boulevard W heated and cooled?
Heating is gas hot water. Cooling is yes.
What are the property taxes for 2386 Lake Shore Boulevard W?
Property taxes are $17,231 a year (2026), or about $1,436 a month.
Where is 2386 Lake Shore Boulevard W?
2386 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 2386 Lake Shore Boulevard W still for sale?
Yes. It is an active listing (MLS® W13425278). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 2386 Lake Shore Boulevard W asking?
Similar properties for sale nearby right now include 3267 Lake Shore Boulevard W at $2,000,000, 2316 Lake Shore Boulevard W at $1,850,000 and 238 Garden Avenue at $2,125,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 2386 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 2386 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.
Similar properties nearby
More properties for sale near Mimico, picked by style, size and price.
Commercial retail$2,000,0003267 Lake Shore Boulevard W, Toronto2 bath · Long BranchCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →
Store w apt / office$1,850,0002316 Lake Shore Boulevard W, TorontoMimicoCourtesy of: KAY REAL ESTATE LTD.View home →
Investment$2,125,000238 Garden Avenue, TorontoHigh Park-SwanseaCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →Courtesy of: RE/MAX REALTRON REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.