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2898 Lake Shore Boulevard W
New Toronto Toronto M8V 1J2

$2,690,000 /For Sale
Commercial

Main Photo: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 1: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 2: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 3: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 4: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 5: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 6: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 7: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 8: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 9: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 10: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 11: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 12: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 13: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 14: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 15: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 16: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 17: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 18: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 19: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 20: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 21: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Photo 22: 2898 Lake Shore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12244513
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12244513
Exceptional Investment Property Located In The Heart Of Rapidly Growing New Toronto. This Fully Tenanted, Turnkey Building Features All Premium Commercial Tenants Across Both The Main And Second Floors, Offering Stable Income With No Residential Tenant Concerns. Each Unit Has Been Recently Renovated Or Is In Excellent Condition, With Top-Of-The-Line Mitsubishi Heat Pump Systems Throughout For Energy-Efficient Climate Control And Reduced Heating Costs. All Units Are Separately Metered For Hydro. Ideally Situated Just Steps From Transit, Parks, And The Waterfront, This High-Exposure Corner Site Is Perfectly Positioned For Future Mid-Rise Redevelopment With Potential For Ground-Floor Retail And 2530 Residential Units Above. Attractive Opportunity For Developers Seeking Cmhc Financing And Investors Targeting Strong Roi In A Dynamic And Appreciating Neighborhood.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
3789 sq. ft. Square Feet
Total Area:
3,789 sq. ft.
Retail Area:
2889 sq. ft. Sq Ft
Office/Apt Area:
900 sq. ft. Sq Ft
Depth:
90'
Frontage:
42'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
CR3
Heating type:
Electric Forced Air
Survey Available:
Yes
Garage:
Outside/Surface
Parking Spaces:
2
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$19,805.56 / 2024
Assessment:
$- / -
Toronto W06
New Toronto
Toronto
No
ENERCARE HOT WATER TANK
None
No
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Jun 25, 2025
Original Price:
Previous Price:
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Listed by RE/MAX PREMIER INC.
Data was last updated July 3, 2025 at 12:15 PM (UTC)
KAREN BERENDS

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