2316 Lake Shore Boulevard W

Mimico, Toronto, M8V 1B5

$1,850,000

Reduced $250,000 from $2,100,000

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Listed 166 days ago · MLS® W13093954

About this home

Attention Etobicoke Investors! Fabulous opportunity to own a 3-storey (plus full basement) mixed-use property in the heart of Mimico! Busy retail store with 2 x 2 bedroom and 2 x 1 bedroom apartments totaling 4200 sq ft and benefits from high vehicular traffic on Lake Shore Blvd W with many recently completed condominiums in the immediate area. 4 parking spaces in the rear of the property.

Details

Type
Store W Apt/Office
Lot
21.25 × 130 ft
Garage
Outside/Surface
Property tax
$12,483 (2025)
Neighbourhood
Mimico
Municipality
Toronto W06

Heating, cooling and services

Heating
Water Radiators
Utilities
Yes

Building and exterior

Building area
4,200 Square Feet

More

Possession
TBD
Cross street
Lake Shore Blvd W/Burlington St

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Mimico GO12 min walk

Within a 10-minute walk: 2 grocery stores, 28 cafés and restaurants, 16 parks, 5 pharmacies. Nearest grocery: Your Independent Grocer (350 m). Nearest park: Alexander Park (150 m).

Schools nearby

Elementary

  • David Hornell Junior School
    EQAO: Gr 3 reading 76%, math 60%
    4 min walk
  • St. Leo Catholic School Catholic
    EQAO: Gr 6 reading 96%, math 73%
    13 min walk
  • John English Junior Middle School
    EQAO: Gr 6 reading 84%, math 60%
    13 min walk
  • George R Gauld Junior School
    EQAO: Gr 3 reading 82%, math 63%
    15 min walk

Secondary

  • Mimico Adult Centre13 min walk
  • Karen Kain School of the Arts1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8V

Owners / renters
49% / 51%
Median household income
$79,000
Average age
42
Children under 15
11%
Homes
15% detached, 57% high-rise
Commute by transit
21%
Population
44,144

Languages spoken most at home besides English: Spanish 1.9%, Polish 1.9%, Russian 1.7%, Tibetan 1.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Mimico-Queensway (2025): 254% above the Toronto average, up 9% from the year before.

  • Assault448% above average
  • Break and enter30% below average
  • Auto theftabout average
  • Robbery47% below average
  • Theft from vehicles53% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

  • 2256 LAKE SHORE BLVD W · 400 m
    Site Plan · Under Review · applied 2022
    Site Plan application for a mixed-use building composed of two towers rising to 35 and 18 storeys with a total gross floor area (GFA) of 39,699 square metres…
    Application details
  • 2405 LAKE SHORE BLVD W · 400 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2021
    The proposed amendments to the City¿s Official Plan and Zoning By-laws would permit a development comprising approximately 35,200 square metres of residential…
    Application details
  • 2405 LAKE SHORE BLVD W · 400 m
    Plan of Subdivision · Appeal Received · applied 2021
    Draft Plan of Subdivision in order to establish one mixed use development block (Block 1), one park block (Block 5) and new public road blocks (Blocks 2 and 3)…
    Application details
  • 2256 LAKE SHORE BLVD W · 400 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2022
    Sept 2025- Revised submission is 37 and 10 storeys. Original submission: Official Plan and Zoning By-law amendment for a mixed-use building composed of two…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 9 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

9 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

51 City street trees within 100 m. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by KAY REAL ESTATE LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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