2685 Lake Shore Boulevard
Toronto W06, ON
- 3 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
- 227 days on market
A rare waterfront assemblage on Lake Ontario: 2679 & 2685 Lake Shore Blvd W-offered for land value and future redevelopment. Set along Toronto's coveted south shoreline, this site captures sweeping, unobstructed south-facing water views and a striking nighttime skyline of the downtown core. Positioned within an established, amenity-rich lakeshore neighbourhood with strong rental fundamentals, the property presents an exceptional canvas for developers seeking a mid-rise, multi-family vision-purpose-built rental being a highly compelling end use. Imagine residents stepping out to the waterfront, trails, and parks, with seamless connectivity to the city via the Lake Shore corridor and convenient access to transit, commuter routes, and everyday essentials. 2679 includes an existing house (currently tenanted) to be delivered with vacant possession, offering flexibility while you complete planning and approvals. Opportunities to secure meaningful waterfront presence with iconic views and redevelopment scale are increasingly scarce-this is your chance to create a landmark address on the lake. Buyer to conduct their own due diligence regarding zoning, planning, and all development potential. Land sale; property sold in "as is, where is" condition.
Listing Details
- Taxes (2025)
- $30,442
- Listed
- January 26, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Unknown
- Interior
- Other
- Lot Size
- 115.25 x 180 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Royal York & Lake Shore Blvd W
- Zoning
- Ra (d1.5*778)
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Inclusions
- N/A
- Exclusions
- N/A
- Rental Items
- N/A
Waterfront
- Water Body
- Lake Ontario
- Shoreline
- Unknown
- Docking
- None
Schools
Elementary
- Second Street Junior Middle School0.4 km
Public · Toronto DSB · 560 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 38% met the provincial standard
- Seventh Street Junior School0.8 km
Public · Toronto DSB · 185 students
Grade 3 reading: 74% met the provincial standard
- John English Junior Middle School1 km
Public · Toronto DSB · 795 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 60% met the provincial standard
Secondary
- Father John Redmond Catholic Secondary School1.9 km
Catholic · Toronto CDSB · 1160 students
Grade 10 literacy: 94% met the provincial standard
- Lakeshore Collegiate Institute1.9 km
Public · Toronto DSB · 650 students
Grade 10 literacy: 75% met the provincial standard
- Etobicoke School of the Arts3.2 km
Public · Toronto DSB · 825 students
Grade 10 literacy: 92% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area M8V
- Population
- 44,144
- Private dwellings
- 24,434
- Median age
- 40
- Average household size
- 1.9
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto W06 · last 12 months
- Median sold price
- $775,000
- Homes sold
- 971
- Median days on market
- 24
- Sale-to-list price
- 97.8%
Based on 971 recorded sales of residential freehold properties in Toronto W06 over the last 12 months.
Listed by
SOTHEBY'S INTERNATIONAL REALTY CANADA
Walk Score
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Location
Street View
Mortgage Calculator
$1,399,000
Estimated Monthly Payment
$34,364
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $34,364/mo (20% down, 5.5%)
Taxes: $2,537/mo · Insurance: $1,749/mo
Estimates only. Consult a financial advisor.
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