Salehian.com 647-325-5000

2685 Lake Shore Boulevard W

Mimico, Toronto, M8V 1G6

$5,995,000

Photo 1 of 14Photo 2 of 14Photo 3 of 14Photo 4 of 14Photo 5 of 14Photo 6 of 14Photo 7 of 14Photo 8 of 14Photo 9 of 14Photo 10 of 14Photo 11 of 14Photo 12 of 14Photo 13 of 14Photo 14 of 14
  • 3 bedrooms
  • 2 bathrooms
  • 4 parking
  • 1100-1500 sq ft

Listed 34 days ago · MLS® W13793272

About this home

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.

Details

Type
Detached
Style
2-Storey
Size
1100-1500 sq ft
Lot
115.25 × 180 ft
Basement
Other
Garage
None
Kitchens
1
Property tax
$30,442 (2025)
Neighbourhood
Mimico
Municipality
Toronto W06
Price per sq ft
$4,612 (413% above detached houses in Mimico, $899)

Interior

Bedrooms
3 above ground
Bathrooms
2 × 3-piece
Rooms
6 above ground
Family room or den
Yes
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Shingles
Faces
South
Waterfront
Direct

Parking

Total parking
4

Lot

Size
115.25 × 180 ft (irregular)
Acreage
< .50

More

Possession
30-60 Days
Cross street
Royal York & Lake Shore Blvd W

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

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 Walkable

  • 🚆 Mimico GO1.6 km

Within a 10-minute walk: 2 grocery stores, 16 cafés and restaurants, 10 parks, 2 pharmacies. Nearest grocery: Star Lake Fine Foods (600 m). Nearest park: Sand Beach Road Parkette (150 m).

Schools nearby

Elementary

  • Second Street Junior Middle School
    EQAO: Gr 6 reading 88%, math 38%    6 min walk
  • Seventh Street Junior School
    EQAO: Gr 3 reading 74%, math 63%    12 min walk
  • John English Junior Middle School
    EQAO: Gr 6 reading 84%, math 60%    16 min walk
  • St. Josaphat Catholic School Catholic18 min walk

Secondary

  • Mimico Adult Centre1.2 km
  • Father John Redmond Catholic Secondary School Catholic
    EQAO: Gr 9 math 75%, literacy test 94%    1.9 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 Regulated area

This address is inside a conservation-authority regulated area (Toronto and Region Conservation Authority): near a valley, stream, shoreline or wetland, where flooding or erosion can occur. New building, additions, pools or grading usually need a permit from the authority.

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 2 active

  • 66 Y THIRD ST · 500 m
    Site Plan · Under Review · applied 2026
    Site Plan application for a four-storey municipal shelter containing 51 beds.
    Application details
  • 66 Y THIRD ST · 500 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Proposal to amend the Zoning By-law to allow for a new 4-storey municipal shelter with approximately 50 beds.
    Application details
  • 2686 LAKE SHORE BLVD W · 50 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2025
    To permit a 12-storey residential building containing 172 dwelling units, including four live/work units on the ground floor, with 102 vehicular parking spaces…
    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). Flood and regulation mapping: Toronto and Region Conservation Authority open data. 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): 10 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 RA

Residential Apartment (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

Trees

19 City street trees within 100 m. That’s fewer than 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.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

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 SOTHEBY'S INTERNATIONAL REALTY CANADA.

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

Similar homes nearby

See more in Toronto