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$6,995,000Asking Price

2685 Lake Shore Boulevard W, Toronto W06, ON M8V 1G6

Mimico, Toronto

Detached
3
Bedrooms
2
Baths
4
Parking
Days on Market

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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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.

Key Info

  • 2-Storey Detached
  • 4-Car Driveway
  • No Garage
  • Royal York & Lake Shore Blvd W
  • 1100-1500 Approximate Sq Feet
  • Other Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • A/C

Property

  • Lot Size 115.25 x 180 Feet
  • < .50 Acreage
  • Brick Exterior
  • Direct Waterfront Access
  • Taxes were $30,442 in 2025
  • Possession: 30-60 days

Details

  • No Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W12733810
  • SOTHEBY'S INTERNATIONAL REALTY CANADA

Extras

Room Floor Dimensions Details
Washroom2 3-Piece Bathrooms

Who lives here?

Mimico, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

51% of residents are
single and loving it.

51% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

55% of residents
are renters.

55% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

45% of residents are
university grads.

45% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$109K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 16%
Business 11%
Management 10%
Government 8%
Trades 8%

Immigrants

41% of residents were
born outside of Canada.

41% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

India was once home to 4.2% of immigrants.
Poland 3.7%
Philippines 3.4%
Ukraine 2.8%
Caribbean 2.1%

4.2% from India
All-time

Birthplace - Recent

India was once home to 1.2% of immigrants.
Philippines 0.6%
Ukraine 0.4%
China 0.3%
Poland 0.3%

1.2% from India
Recent

Foreign Languages

Foreign Languages

Polish 4%
Spanish 3%
Ukrainian 3%
Portuguese 2%
Russian 2%

Religions

Religions

Christian 68%
Muslim 4%
Hindu 2%
Buddhist 2%
Jewish 1%

Social Housing

Social Housing Buildings

3

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)