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2378 Lake Shore Boulevard

2378 Lake Shore Boulevard

Toronto W06, ON

  • 10,681 sqft
  • Commercial Retail
  • 88 days on market
$4,200,000

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.

Listing Details

Taxes (2026)
$41,960
Listed
June 9, 2026

Price History

Property

Lot Size
100.5 x 106.28 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Lake Shore Blvd W
Zoning
CR3 (c3; r2.2)*869)
Parcel Number
076250179
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Retail Store Related

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

Commercial in Toronto W06 · last 12 months

Median sold price
$775,000
Homes sold
981
Median days on market
24
Sale-to-list price
97.7%

Based on 981 recorded sales of commercial properties in Toronto W06 over the last 12 months.

Listed by

RE/MAX REALTRON REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
10,681 sq ft
Price per sq ft
$393.22
Annual property tax
$41,960
Tax per sq ft
$3.93

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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