2378 Lake Shore Boulevard W, Toronto, ON M8V 1C3
Mimico · W06 · M8V 1C3
$4,200,000
$393 / sq ft4 months on market
- Total area
- 10,681 sf
- Lot
- 100.5 × 106.28 ft
What's special
- Outside/surface garage
- Yes
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 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.
Property details
Property
- Property type
- retail
- Interior size
- 10,681 sq ft
- Lot size
- 100.5 × 106.28 ft
- Zoning
- CR3 (c3; r2.2)*869)
- Possession
- 90 / TBA
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $4,200,000
- Property taxes
- $41,960 / year (2026)
- Price per sq ft
- $393
Listing
- MLS® number
- W13425280
- 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
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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 above most comparable listings — about 91% of comparable retail listings in Toronto are asking less.
- This home
- $393 / 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
- Principal & interest
- $18,578.02
- Property tax (est.)
- $3,496.65
- Estimated monthly
- $22,075
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
- $91,475
- Toronto municipal
- $105,475
- Total due on closing
- $196,950
An estimate on the asking price of $4,200,000. 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.
Comparable sales nearby
What similar homes in this area actually sold for.
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