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Toronto W06, ON M8V 1H2,2749-2765 Lake Shore BLVD W
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Toronto W06, ON M8V 1H2,2749-2765 Lake Shore BLVD W
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Jethro Seymour

Jethro Seymour

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2749-2765 Lake Shore BLVD W Toronto W06, ON M8V 1H2

25,973 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Pending

Purchase Type For Sale

Square Footage 25,973 sqft

Price per Sqft $0

Subdivision New Toronto

MLS Listing ID W12290478

Annual Tax Amount $89,177

Tax Year 2025

Property Sub-Type Land

Lot Depth 120.22

Lot Front 216.26

Property Description

An exceptional opportunity to acquire a strategically located income-producing property with strong mid-term redevelopment potential. Situated less than 200 metres north of Lake Ontario, future development on the site could offer stunning, unobstructed south-facing views of the water. The site comprises approximately 25,973 square feet (0.60 acres) with 216 feet of frontage along Lake Shore Boulevard West, plus additional exposure along First Street and Second Street, enhancing accessibility and site prominence. Recent policy updates supporting increased housing supply suggest a potential gross floor area of approximately 150,000 SF in a9-storey concept or up to 176,000 SF in an 11-storey concept, subject to municipal approvals. The Property is currently tenanted by a vibrant mix of local businesses, including Maple Leaf House, We The Tacos and Cycle Butik, providing reliable holding income to offset carrying costs during the planning phase. This site is well-suited for a mixed-use, purpose-built rental development in a highly desirable, rapidly evolving lakeside neighbourhood. Property being sold "as is, where is."

Location

Province ON

County Toronto

Community New Toronto

Area Toronto

Zoning Commercial Residential - CR 3.0

Exterior

Utilities Available Available

Lot Frontage 216.26

Lot Depth 120.22

Listed by CUSHMAN & WAKEFIELD
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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2749-2765 Lake Shore BLVD W

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