$6,995,000
FOR SALE

Detached

Bedrooms: 3Bathrooms: 2Lot: 115.25 x 180 ft

2685 Lake Shore Boulevard W
Toronto (Mimico), ON M8V 1G6

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:47421)
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Listed By SOTHEBY'S INTERNATIONAL REALTY CANADA
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12733810
Last Updated Feb 24, 2026
Property Summary
Property Type Detached

More like this:
Community Mimico
Price History

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Detailed Information
Bedrooms 3
Bathrooms 2
Lot 115.25 x 180 ft
Property Easement Unknown, None
Features Irregular lot size
Listing Contract Date 2026-01-26
Location Description Cross Streets: Royal York & Lake Shore Blvd W. ** Directions: Follow GPS.
Ownership Type Freehold
# of Parking Spaces 4
Property Type Single Family
Transaction Type For sale
Views Direct Water View
Waterfront Type Waterfront on lake
Waterfront Name Lake Ontario
Zoning Description Ra (d1.5*778)
Building
Basement Development Other, See Remarks
Basement Type N/A (Other, See Remarks)
Construction Style (Attachment) Detached
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type House
Utility Water Municipal water
Parking Spaces
Name Spaces
No Garage
Land
Total Size 115.3 x 180 FT | under 1/2 acre
Sewer Sanitary sewer
Size of Irregular Land 115.3 x 180 FT

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