2977 Lake Shore Boulevard W

New Toronto, Toronto, M8V 1J8

$145,000

Photo 1 of 3Photo 2 of 3Photo 3 of 3
  • 2 bathrooms

Listed 166 days ago · MLS® W13094014

About this home

Excellent location for passionate new owners. Could be offered as a franchise with zero franchise fee, otherwise you could turn it into your own dream restaurant. Previous restaurant owner used basement for entertaining small parties (fully renovated basement to accommodate such small events or alternatively a complimentary business - such as a game room, etc)

Details

Type
Sale Of Business
Age
31-50 years
Lot
17.66 × 100 ft
Garage
None
Property tax
$9,100 (2026)
Neighbourhood
New Toronto
Municipality
Toronto W06

Interior

Bathrooms
2 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Age
31-50 years

More

Possession
Flexible Closing
Cross street
Lake Shore Blvd W & Islington Ave
Business type
Restaurant

History of this address

3 earlier listings 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 Very walkable

  • 🚆 Mimico GO2.0 km

Within a 10-minute walk: 3 grocery stores, 24 cafés and restaurants, 9 parks, 3 pharmacies. Nearest grocery: Star Lake Fine Foods (350 m). Nearest park: Eighth Street Park (250 m).

Schools nearby

Elementary

  • Seventh Street Junior School
    EQAO: Gr 3 reading 74%, math 63%
    3 min walk
  • St. Josaphat Catholic School Catholic4 min walk
  • Second Street Junior Middle School
    EQAO: Gr 6 reading 88%, math 38%
    11 min walk
  • The Holy Trinity Catholic School Catholic
    EQAO: Gr 6 reading 85%, math 69%
    15 min walk

Secondary

  • Father John Redmond Catholic Secondary School Catholic
    EQAO: Gr 9 math 75%, literacy test 94%
    16 min walk
  • Lakeshore Collegiate Institute
    EQAO: Gr 9 math 42%, literacy test 75%
    17 min walk
  • Mimico Adult Centre1.7 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 5 active

  • 66 X THIRD ST · 450 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 · 450 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
  • 124 BIRMINGHAM ST · 350 m
    Site Plan · Under Review · applied 2024
    The project proposal seeks to construct 2 one-storey industrial warehouse and distribution buildings with accessory office. The existing unoccupied…
    Application details
  • 210 ISLINGTON AVE · 250 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
  • 2970 LAKE SHORE BLVD W · 50 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
  • 225 BIRMINGHAM ST · 500 m
    Plan of Condominium · Closed · applied 2024
    Technical amendment to renumber units within registred plan of condominium.
    Application details

2 more within 500 m.

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.

6 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

48 City street trees within 100 m, mostly honeys. 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 RIGHT AT HOME REALTY.

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

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