2789 Lakeshore Boulevard W

New Toronto, Toronto, M8V 1H4

$84,900

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Listed 44 days ago · MLS® W13748470

About this home

Enjoy exceptionally low monthly rent of only $3,900, including TMI. The landlord is also open to offering a new 5+5-year lease commencing at the same monthly rent. With a 5-star Google rating, loyal clientele, consistent income, and low operating overhead, the lounge has built an excellent reputation within the community. Perfect for pool and snooker tournaments, birthday celebrations, date nights, corporate bookings, team-building events, private parties, and live sports viewings. Currently operating from 4:00 p.m. until late, with no restrictions on operating hours, the business offers excellent potential to increase revenue through daytime operations, expanded programming, memberships, leagues, and special events. An outstanding opportunity for an investor or owner-operator seeking an established, steady-income entertainment business in a vibrant community.

Details

Type
Sale Of Business
Garage
None
Neighbourhood
New Toronto
Municipality
Toronto W06

Heating, cooling and services

Heating
Electric Forced Air
Air conditioning
Yes

More

Possession
Immediate
Cross street
Lakeshore Blvd W and Third Street
Business type
Sports/Entertainment

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 GO1.7 km

Within a 10-minute walk: 2 grocery stores, 20 cafés and restaurants, 10 parks, 2 pharmacies. Nearest grocery: Star Lake Fine Foods (200 m). Nearest park: Sand Beach Road Parkette (250 m).

Schools nearby

Elementary

  • Second Street Junior Middle School
    EQAO: Gr 6 reading 88%, math 38%
    4 min walk
  • Seventh Street Junior School
    EQAO: Gr 3 reading 74%, math 63%
    7 min walk
  • St. Josaphat Catholic School Catholic12 min walk
  • John English Junior Middle School
    EQAO: Gr 6 reading 84%, math 60%
    1.2 km

Secondary

  • Mimico Adult Centre1.3 km
  • Father John Redmond Catholic Secondary School Catholic
    EQAO: Gr 9 math 75%, literacy test 94%
    1.6 km
  • Lakeshore Collegiate Institute
    EQAO: Gr 9 math 42%, literacy test 75%
    1.6 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 New Toronto (2025): about the Toronto average, down 24% from the year before.

  • Assaultabout average
  • Break and enterabout average
  • Auto theft35% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings88% above average

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 X THIRD ST · 100 m
    Site Plan · Under Review · applied 2026
    Site Plan application for a four-storey municipal shelter containing 51 beds.
    Application details
  • 66 X THIRD ST · 100 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
  • 2688 LAKE SHORE BLVD W · 350 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). 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): 11 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.

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

56 City street trees within 100 m. That’s more 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.

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 HOMELIFE/MIRACLE REALTY LTD.

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

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