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For saleMLS® W13793272

2685 Lake Shore Boulevard W, Toronto, ON M8V 1G6

Mimico · W06 · M8V 1G6

$5,995,000

$5,450 / sq ft

1 months on market

Bedrooms
3
Bathrooms
2
Interior
1,100 sf
Parking
4
Lot
115.25 × 180 ft

What's special

  • 4 parking spaces

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About this property

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 neighborhood 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.

Features

  • Other

Property details

Property

Property type
detached
Bedrooms
3
Bathrooms
2
Interior size
1,100 sq ft
Lot size
115.25 × 180 ft
Zoning
Ra (d1.5*778)
Possession
30-60 Days

Interior

Basement
Other
Heating
Forced Air · Gas
Cooling
Other
Exposure
South

Exterior & services

Construction
Brick
Parking spaces
4
Sewer
Sewer

Costs

List price
$5,995,000
Property taxes
$30,442 / year (2025)
Price per sq ft
$5,450

Listing

MLS® number
W13793272
Status
For sale
Listed
September 16, 2026
Days on market
49
Last updated
September 16, 2026
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

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 100% of comparable detached listings in Mimico are asking less.

$913KMedian $1.29M$1.97M
This home
$5,450 / sq ft
Comparable median
$1,040 / sq ft

Based on 24 comparable active detached listings in Mimico. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,199,000
$1,199,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$26,517.91
Property tax (est.)
$2,536.87
Estimated monthly
$29,055

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
$136,350
Toronto municipal
$196,200
Total due on closing
$332,550

An estimate on the asking price of $5,995,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. 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.

$5,995,000

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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.

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