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.
Address
2386 Lake Shore Boulevard W
List Price
$2,000,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto W06
Sub-Area
Mimico
Region
Toronto
Lot Size Source
MPAC
Lot Depth
111.75
Lot Type
Lot
Lot Size Units
Feet
Lot Width
33
Parcel Number
076250178
Total Building Area
3688
Occupant Type
Tenant
Cross Street
Lake Shore Blvd W
MLS® Number
W13425278
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Postal Code
M8V 1C3
Posession Details
90 / TBA
Tax Amount
$17,231.00
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Hot Water
Cooling Features
Yes
Garage Type
Reserved/Assignd
Security Features
No
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