3140 Lake Shore Blvd W 5,200 SF Retail Building Toronto, ON M8V 1L5 $2,600,000 CAD ($500 CAD/SF)

A rare off-market opportunity in one of Toronto’s most dynamic west-end neighborhoods, 3140 Lake Shore Blvd W offers a prime mixed-use commercial property directly across from Humber College. This freehold site spans approximately 5,400 square feet on the main level, with additional space in the basement and an upper-level residential unit, making it ideal for owner-users, investors, or redevelopment.
Zoned CR3 (c3;r3), the property supports a blend of commercial and residential uses, with a high-visibility 50-foot frontage along Lake Shore Blvd. The site benefits from both street and onsite parking, rear lane access, and excellent transit connectivity including the 501 Queen streetcar, Long Branch GO Station (5-minute walk), and multiple TTC bus routes.
The surrounding New Toronto area is experiencing rapid growth, with major developments nearby such as the 28-acre 2150 Lake Shore Condos (7,446 units), 2405 Lake Shore Blvd W (471 units), and Minto’s preconstruction townhomes at 3600 Lake Shore Blvd W. These projects signal strong future demand and transformation in the area.
With proximity to parks, waterfront trails, Sherway Gardens, and major highways (Gardiner, 427, 401), this site offers strategic access to downtown Toronto and the broader GTA. The neighborhood’s average household income of $121,165 and population of over 45,000 further support long-term commercial viability.