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3140 Lake Shore Blvd W 5,400 SF Retail Building Toronto, ON M8V 1L5 $2,350,000 CAD ($435.19 CAD/SF)



Investment Highlights
- Located in one of Toronto's fastest growing west-end neighbourhoods and directly across from Humber College in Toronto.
- Steps to TTC streetcar, GO station, and major bus routes.
- Redevelopment opportunity for commercial or residential - surrounded by transformative multi-tower developments.
- Ample natural light
- Flexible possession and 1 drive-in door access.
- Zoned for mixed-use with 50 ft of high-visibility frontage.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,400 SF
Building Class
B
Year Built
1950
Price
$2,350,000 CAD
Price Per SF
$435.19 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.26
Lot Size
0.10 AC
Zoning
CR3 - Commercial Residential
Parking
19 Spaces (3.52 Spaces per 1,000 SF Leased)
Frontage
50’ on Lake Shore Blvd
Amenities
- Signage
- Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 9
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3140 Lake Shore Blvd W
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