3140 Lake Shore Blvd W - Storefront Retail/Residential FOR SALE


Toronto, ON M8V 1L5- New Toronto
$2,350,000 CAD
905-277-2000
3140 Lake Shore Blvd W, Toronto, ON for Sale
$2,350,000 CAD
Storefront Retail/Residential - FOR SALE
1/8
null | Request Cap Rate

3140 Lake Shore Blvd W
Toronto, ON M8V 1L5
New Toronto


HIGHLIGHTS

  • Located in one of Toronto's fastest growing west-end neighbourhoods and directly across from Humber College in Toronto.
  • Ample natural light
  • Steps to TTC streetcar, GO station, and major bus routes.
  • Flexible possession and 1 drive-in door access.
  • Redevelopment opportunity for commercial or residential - surrounded by transformative multi-tower developments.
  • Zoned for mixed-use with 50 ft of high-visibility frontage.

OVERVIEW

Client Remarks 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.

FOR SALE DETAILS

PRICE

$2,350,000 CAD

PRICE/SF

$435 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,300 SF

ZONING

CR3

APN/PARCEL ID

CUSTOM-4374559

ASK ABOUT THIS PROPERTY

Sandra KarasKingsway Real Estate BrokerageMore Info
905-277-2000

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Sandra KarasKingsway Real Estate BrokerageMore Info
905-277-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.