For SaleCommercial Retail

2378 Lake Shore Boulevard W

$4,200,000
10,681 sqft$393/sq ft32d on market
Eleven Superior CondosbyDavies Smith Developments
MLS# W13425280Mimico, Toronto · M8V 1C3
Bedrooms
Size
10,681 sq ft
Parking
None

About This Listing

Exceptional investment and redevelopment opportunity along Toronto's rapidly evolving western waterfront corridor. Prominently situated on a high-exposure stretch of Lake Shore Blvd W within the Mimico 20/20 Revitalization Area, this rare offering presents outstanding long-term upside in a neighbourhood undergoing significant residential intensification and urban transformation. Surrounded by existing and planned high-rise residential developments, the property is well positioned to benefit from continued population growth, infrastructure investment, and increasing demand for mixed-use redevelopment opportunities. Excellent connectivity with immediate access to TTC streetcar service, Mimico and Long Branch GO Stations, Gardiner Expressway, Hwy 427/401, Pearson Airport, and downtown Toronto. Features strong frontage, excellent visibility, ample on-site parking, and flexible mixed-use zoning. Currently improved with a fully leased commercial plaza providing stable holding income while future redevelopment plans are explored. Steps to Lake Ontario, waterfront parks, trails, and recreational amenities. Must be purchased together with 2386 Lake Shore Blvd W, creating a rare large-scale assembly opportunity with enhanced frontage, increased flexibility, and exceptional redevelopment potential in one of Toronto's most dynamic waterfront communities.

Monthly Mortgage (P&I)$18,299
Property Tax (MLS)$3,497
Maintenance Fees$0
Total Monthly Cost$21,796

Down payment: $840,000 (20.0%) · Mortgage: $3,360,000

Property tax uses MLS annual tax of $41,960/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberW13425280
Property TypeCommercial Retail
StyleRetail
Listing TypeFor Sale
StatusActive
Size10,681 sq ft
Parking TypeOutside/Surface
Property Tax$41,959.82/yr
Days on Market32
Listed2026-06-10
CommunityMimico
MunicipalityToronto
Cross StreetLake Shore Blvd W
Eleven Superior Condos

Eleven Superior Condos

Red Bricks Data

by Davies Smith Developments · 11 Superior Avenue

9 Storeys130 SuitesCompleteWalk 79Transit 68

Maint. Fees

0.53

Occupancy

2015

Live MLSFor Sale: 4 · $610/sqftFor Rent: 1 active
Billiards RoomTheatre RoomExercise RoomDining AreaLounge
View full building profile

Listing provided by RE/MAX REALTRON REALTY INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: August 23, 2026 at 04:25 a.m.