2386 Lake Shore Boulevard W
2386 Lake Shore Boulevard W
$2,000,000
$542/sq ft· Bldg avg $610/sq ft · 32 days on market
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 2378 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) | $8,714 |
| Property Tax (MLS) | $1,436 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $10,150 |
Down payment: $400,000 (20.0%) · Mortgage: $1,600,000
Property tax uses MLS annual tax of $17,231/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

Eleven Superior Condos
Red Bricks Databy Davies Smith Developments · 11 Superior Avenue
Maint. Fees
0.53
Occupancy
2015
Listing provided by RE/MAX REALTRON REALTY INC.
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Data last updated: August 23, 2026 at 04:25 a.m.