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.
Address
2685 Lake Shore Boulevard W
List Price
$6,995,000
MLS® Status
New
Expiration Date
2026-09-30
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto W06
Sub-Area
Mimico
Region
Toronto
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
6
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
180
Lot Shape
Irregular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
115.25
Occupant Type
Tenant
Cross Street
Royal York & Lake Shore Blvd W
MLS® Number
W12733810
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Basement Area
Other
Postal Code
M8V 1G6
Posession Details
30-60 days
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$30,442.49
Tax Year
2025
Site Influences
Waterfront
Interior Features
Other
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Disclosures
Unknown
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Other
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Unknown
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Shingles
Tax Legal Description
See the attachment
Water View
Direct
Waterfront
Yes
Docking Type
None
Waterfront
Direct
Waterfront Accessory
Not Applicable
Waterfront Features
Other
Water Frontage (Feet)
117.49
Water Body Name
Lake Ontario
Water Body Type
Lake
Shoreline
Unknown
Shoreline Allowance
None
Access To Property
Other
Alternative Power
Unknown
Sewer
Sewer
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