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2386 Lake Shore Boulevard W
Mimico Toronto M8V 1C3

$2,000,000 /For Sale
Commercial

Main Photo: 2386 Lake Shore Boulevard W in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13425278
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13425278
Bus Major:
Retail Store Related
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 Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
3688 sq. ft. Square Feet
Total Area:
3,688 sq. ft.
Retail Area:
2800 sq. ft. Sq Ft
Lot Depth:
111'9"
Lot Frontage:
33'
Water supply:
Municipal
Zoning:
CR, CR3 (c3; r2.2*869)
Heating type:
Gas Hot Water
Garage:
Reserved/Assignd
Possession Details:
90 / TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$17,231 / 2026
Assessment:
$- / -
Toronto
Toronto W06
Mimico
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Retail
Date Listed:
Jun 10, 2026
Original Price:
Previous Price:
  • Photo 1: 2386 Lake Shore Boulevard W in Toronto: Mimico Commercial for sale (Toronto W06)  : MLS®# W13425278
    Photo 1 of 1
Listed by RE/MAX REALTRON REALTY INC.
Data was last updated June 24, 2026 at 02:15 AM (UTC)
Aura Signature Realty Inc.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.