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2685 LAKE SHORE BOULEVARD W, Toronto (Mimico), Ontario, M8V1G6

MLS: W12733810 | House (Freehold)

$6,995,000

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Property Description

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 neighbourhood 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. (id:64974)

Directions: Cross Streets: Royal York & Lake Shore Blvd W. ** Directions: Follow GPS.

Quick Facts

  • Property Type: House (Freehold)
  • Bedrooms: 3 (3 above)
  • Bathrooms: 2
  • Ownership: Freehold
  • Attached: No
  • Parking: 4 spaces (No Garage)
  • Frontage: 115 ft (35.1 m)

Costs

  • Annual Taxes: $30,442.49

Listing Provided by: SOTHEBY'S INTERNATIONAL REALTY CANADA
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

Interior & Systems

  • Heating: Forced air, Natural gas
  • Basement: Other, See Remarks, N/A

Exterior & Construction

  • Exterior: Brick
  • Foundation: Unknown
  • Sewer: Sanitary sewer
  • Water: Municipal water

Lot & Land

  • Frontage: 115 ft (35.1 m)
  • Features: Irregular lot size
  • View: Direct Water View
  • Waterfront: Waterfront on lake
  • Water Body: Lake Ontario
  • Zoning: Ra (d1.5*778)

Community & Neighbourhood

  • Neighbourhood: Mimico

Listing Information

MLS® NumberW12733810
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageSOTHEBY'S INTERNATIONAL REALTY CANADA
Date ListedJanuary 27, 2026
Last UpdatedFebruary 25, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 2685 LAKE SHORE BOULEVARD W, Toronto (Mimico), Ontario, M8V1G6

DateDays on MarketPriceEventListing ID
🔄2/25/202628Status ChangedW12733810
1/27/20260$6,995,000For SaleW12733810
1/27/20260$6,995,000ListedW12733810

Location & Neighborhood

📍2685 LAKE SHORE BOULEVARD W, Toronto, Ontario, M8V1G6
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