$6,995,000
FOR SALE

Detached 2-Storey

Bedrooms: 3Bathrooms: 2Lot: 115.25 x 180 ft
2025 Taxes: $30,442.49

2685 Lake Shore Blvd W
Toronto, ON M8V 1G6 | Mimico

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.
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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 18, 2026
Property Summary
Property Type Detached

More like this:
Legal Description See the attachment
Possession Date 30-60 days
Taxes (2025) $30,442.49
Directions/Cross Streets Royal York & Lake Shore Blvd W
Neighbourhood Mimico
Area Toronto
Price History

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Detailed Information
Fronting On South
Waterfront Y
Special Designations Unknown
Bedrooms 3
Bathrooms 2
Lot 115.25 x 180 ft
Exterior Brick
Air Conditioning Other
Family Room Y
Basement Other
Garage Type None
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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