3140 Lake Shore Boulevard W Toronto (New Toronto), Ontario M8V 1L4

$2,450,000

Freestanding mixed-use building with 50 ft frontage on Lake Shore and Kipling, offering exceptional visibility and foot traffic. This solid block and brick construction totals approximately 5,400 sq ft above grade, plus an additional 1,500 sq ft basement not included in the total, and sits on a 50 86 ft lot with CR3 zoning that allows for a wide range of uses. Features a renovated two-bedroom apartment on the second floor (approx. 1,200 sq ft) with a large 3,100 sq ft terrace that presents future build-out potential, while the main floor provides bright open commercial space with, rear public laneway access, and a drive-in door. Located directly across from Humber College, the site benefits from constant exposure to students, local residents, and growing density in the Lake Shore corridor. Transit access is excellent, streetcar nearby and parking on both sides of the street available. Offers strong long-term value for an owner-user seeking a flagship location or an investor looking to reposition and capture both residential and commercial income streams. Adjacent lots may also be available, offering the possibility of assembly and up to 200 ft frontage for larger scale redevelopment. (id:41954)

Property Details

Building

Land

https://www.realtor.ca/real-estate/28752170/3140-lake-shore-boulevard-w-toronto-new-toronto-new-toronto