Skip to content
For saleMLS® W13425278

2386 Lake Shore Boulevard W, Toronto, ON M8V 1C3

Mimico · W06 · M8V 1C3

$2,000,000

$542 / sq ft

4 months on market

Total area
3,688 sf
Lot
33 × 111.75 ft

What's special

  • Reserved/assignd garage
  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

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.

Property details

Property

Property type
retail
Interior size
3,688 sq ft
Lot size
33 × 111.75 ft
Zoning
CR, CR3 (c3; r2.2*869)
Possession
90 / TBA

Interior

Heating
Gas Hot Water
Cooling
Yes

Exterior & services

Garage
Reserved/Assignd

Costs

List price
$2,000,000
Property taxes
$17,231 / year (2026)
Price per sq ft
$542

Listing

MLS® number
W13425278
Status
For sale
Listed
June 10, 2026
Days on market
148
Last updated
July 9, 2026
Listing brokerage
RE/MAX REALTRON REALTY INC.

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 68% of comparable retail listings in Toronto are asking less.

$379KMedian $1.40M$3.90M
This home
$542 / sq ft
Comparable median
$665 / sq ft

Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $400,000
$400,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$8,846.67
Property tax (est.)
$1,435.92
Estimated monthly
$10,283

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$36,475
Toronto municipal
$36,475
Total due on closing
$72,950

An estimate on the asking price of $2,000,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REALTRON REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,000,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.

Similar properties nearby