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$2,450,000
Available - For Sale
Listing ID: W12353100
Incredible opportunity to own a freestanding mixed-use building with 50 ft frontage at Lake Shore Blvd and Kipling, positioned in one of Toronto's fastest-growing high-density corridors. Offering exceptional visibility, strong foot traffic, and income potential from both residential and commercial components, this property is ideal for end-users, investors, or developers.Solid block-and-brick construction totaling approx. 5,400 sq ft above grade plus 1,500 sq ft basement (not included in total) on a lot with CR3 zoning allowing a wide range of uses. The 2-bedroom apartment on the second floor (approx. 1,200 sq ft) features a massive 3,100 sq ft terrace with future build-out potential, while the main floor offers bright open commercial space with rear laneway access and a drive-in door for retail, showroom, or service-based uses.Located across from Humber College, the site benefits from constant exposure to students, residents, and growing density throughout the Lake Shore corridor. Excellent transit access, nearby streetcar service, and parking and TTC access on both sides of the street add convenience and visibility.Seller is open to offering a Vendor Take-Back (VTB) mortgage, providing flexibility for qualified purchasers. Adjacent lots may also be available, allowing potential assembly and up to 200 ft frontage for larger-scale redevelopment.
Price $2,450,000
Taxes: $24,040
Tax Type: N/A
Assessment Year: 2024
Occupancy by: Partial
Address: 3140 Lake Shore Boulevard West , Toronto, M8V 1L4, Toronto
Postal Code: M8V 1L4
Province/State: Toronto
Directions/Cross Streets: Lake Shore Blvd W and Kipling
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 5,400
Total Area Code:  Square Feet
Office/Appartment Area: 1200
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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KINGSWAY REAL ESTATE

3140 Lake Shore Boulevard West , Toronto, M8V 1L4, Toronto


 
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Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto W06
Neighbourhood: New Toronto
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Lot Size: x 86.00(Feet)
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Tax: $24,040
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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