2857 LAKE SHORE Boulevard W

New Toronto, Toronto, M8V 1H8

$1,350,000

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Listed 20 days ago · MLS® W13843046

About this home

Fully leased mixed-use investment opportunity in New Toronto, just east of Lake Shore Blvd W & Islington Ave. Four income streams comprising two commercial units and two apartments. Four parking spaces and basement. Positioned along the established Lake Shore Blvd W commercial corridor in an evolving South Etobicoke neighbourhood surrounded by residential communities, parks and local businesses. Within walking distance of waterfront parks along Lake Ontario. Excellent opportunity to acquire a fully tenanted mixed-use asset with diversified commercial and residential income in a fantastic established lakeside community.

Details

Type
Store W Apt/Office
Lot
41.87 × 73 ft
Garage
Outside/Surface
Property tax
$14,598 (2026)
Neighbourhood
New Toronto
Municipality
Toronto W06

Heating, cooling and services

Heating
Gas Hot Water
Water and sewer
Sanitary+Storm Available
Utilities
Available

Building and exterior

Building area
4,032 Square Feet

More

Possession
TBD
Cross street
LAKE SHORE BLVD W / FOURTH 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 GO1.8 km

Within a 10-minute walk: 3 grocery stores, 22 cafés and restaurants, 11 parks, 2 pharmacies. Nearest grocery: Star Lake Fine Foods (0 m). Nearest park: Prince of Wales Park (400 m).

Schools nearby

Elementary

  • Seventh Street Junior School
    EQAO: Gr 3 reading 74%, math 63%
    3 min walk
  • Second Street Junior Middle School
    EQAO: Gr 6 reading 88%, math 38%
    6 min walk
  • St. Josaphat Catholic School Catholic9 min walk
  • The Holy Trinity Catholic School Catholic
    EQAO: Gr 6 reading 85%, math 69%
    1.3 km

Secondary

  • Father John Redmond Catholic Secondary School Catholic
    EQAO: Gr 9 math 75%, literacy test 94%
    1.3 km
  • Lakeshore Collegiate Institute
    EQAO: Gr 9 math 42%, literacy test 75%
    1.4 km
  • Mimico Adult Centre1.4 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 4 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
  • 210 ISLINGTON AVE · 400 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2023
    The proposed development consists of a 26-storey mixed use building, containing 352 dwelling units with retail uses at-grade. The proposed net density is 8.83…
    Application details
  • 2950 LAKE SHORE BLVD W · 300 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2019
    Proposal for a 9-storey (28.7 m in height including mechanical penthouse) mixed use building containing 95 residential units and 485 sq. m of commercial gross…
    Application details
  • 150 EIGHTH ST · 450 m
    Site Plan · Closed · applied 2022
    Proposal for redevelopment of the subject property with a 6-storey apartment building with 58 dwelling units within a pre-fabricated structure.
    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

Building permits

No building permits at this address since 2014.

5 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

54 City street trees within 100 m, mostly honeys. 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 RE/MAX ULTIMATE REALTY INC..

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

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