$5,995,000
Est. payment $26,545/moCalculate yours
2685 Lake Shore Boulevard W, Toronto, ON M8V 1G6
Mimico, Etobicoke, ON M8V 1G6
- 3 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA MLS® W13793272
About this home
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 neighborhood 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.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Other
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Other
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 115.25 x 180 Feet
- Parking
- None garage · 4 total
- Zoning
- Ra (d1.5*778)
Financial
- Property Taxes
- $30,442 (2025)
Location
- Neighbourhood
- Mimico
- Cross Street
- Royal York & Lake Shore Blvd W
- Direction Faces
- South
Listing
- MLS® Number
- W13793272
- Days on Market
- 32
- Listed On
- 2026-09-16
- Possession
- 30-60 Days
- Listed By
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Features
Interior
- Other
Pool
- None
Mortgage calculator
Estimated mortgage payment
$26,545 per month
- Principal and interest
- $26,545
- Property tax
- $2,537
- Condo fees
- $0
- Estimated monthly cost
- $29,081
Your mortgage
- Mortgage amount
- $4,796,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $3,167,369
Cash to close
- Down payment
- $1,199,000
- Land transfer tax (Ontario + Toronto)
- $332,550
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,531,550
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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