Incredible opportunity to own a freestanding mixed-use building with 50 ft frontage at Lake Shore Blvd and Kipling, positioned in one of Toronto's fastest-growing high-density corridors. Offering exceptional visibility, strong foot traffic, and income potential from both residential and commercial components, this property is ideal for end-users, investors, or developers.Solid block-and-brick construction totaling approx. 5,400 sq ft above grade plus 1,500 sq ft basement (not included in total) on a lot with CR3 zoning allowing a wide range of uses. The 2-bedroom apartment on the second floor (approx. 1,200 sq ft) features a massive 3,100 sq ft terrace with future build-out potential, while the main floor offers bright open commercial space with rear laneway access and a drive-in door for retail, showroom, or service-based uses.Located across from Humber College, the site benefits from constant exposure to students, residents, and growing density throughout the Lake Shore corridor. Excellent transit access, nearby streetcar service, and parking and TTC access on both sides of the street add convenience and visibility.Seller is open to offering a Vendor Take-Back (VTB) mortgage, providing flexibility for qualified purchasers. Adjacent lots may also be available, allowing potential assembly and up to 200 ft frontage for larger-scale redevelopment.
Details
MLS #
W12640808
Listing Type
For Sale
Sub-Type
Resale
Status
New
Year
0
Days On Site
301
Listing Provided By
KINGSWAY REAL ESTATE | W12640808 101400
Features
SQ Feet
5,400
Acreage
0.12
Interior
Cooling
Partial
Exterior
Security Features
Partial
Utilities
Utilities
Available
Taxes
Tax Annual Amount
24040
Tax Type
N/A
Tax Year
2024
Area Information
Province
ON
Region
Toronto
City
Toronto W06
Postal Code
M8V 1L4
Area
New Toronto
Sourced by Back At You
MLS Number: W12640808
W12640808 101400
KINGSWAY REAL ESTATE
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