2685 Lake Shore Boulevard W
2685 Lake Shore Boulevard W
$6,995,000
166 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $30,477 |
| Property Tax (MLS) | $2,537 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $33,013 |
Down payment: $1,399,000 (20.0%) · Mortgage: $5,596,000
Property tax uses MLS annual tax of $30,442/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
Listing provided by SOTHEBY'S INTERNATIONAL REALTY CANADA
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Data last updated: August 23, 2026 at 04:25 a.m.