Blurry image for 2685 Lake Shore Blvd, Toronto Ontario M8V 1G6
3 hours on Market

2685 Lake Shore Blvd, Toronto, Ontario M8V 1G6

Detached
3
2
~1100-1500 sqft
$6,995,000
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Detached
3
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market3 hours

Estimated valueNot available

Price/Sqft$5,511/sqft

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Description

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size20,745 SqFt(180 x 115.25)
Parking Spaces4
MLS ®NumberW12733810
Community NameMimico
Data SourceTRREB
Listing bySOTHEBY'S INTERNATIONAL REALTY CANADA

Features

Heating: Forced Air
Cooling: Other
Basement: Other

Features

Lot size: 20,745 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jan 28, 2026
ListedActive
$6,995,000
3 hours on market
history photo preview11
Listing by trreb®
Property listed by SOTHEBY'S INTERNATIONAL REALTY CANADA, Brokerage
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Market Data - Mimico

Geo Zone Map ThumbnailMimico

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2025

31 days

2024

21 days

2023

35 days

New Listings

Past 30 days

6 listings

Compared to

2025

6 listings

2024

6 listings

2023

12 listings

Units sold

Past 30 days

8 units

Compared to

2025

6 units

2024

5 units

2023

12 units

Median Sold Price

Past 30 days

$780,000

Compared to

2025

$1,420,000

2024

$1,230,000

2023

$982,500


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
23%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget