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Commercial Property in Toronto
About 2378 Lake Shore Boulevard West
Exceptional investment and redevelopment opportunity along Toronto's rapidly evolving western waterfront corridor. Prominently situated on a high-exposure stretch of Lake Shore Blvd W within the Mimico 20/20 Revitalization Area, this rare offering presents outstanding long-term upside in a neighbourhood undergoing significant residential intensification and urban transformation. Surrounded by existing and planned high-rise residential developments, the property is well positioned to benefit from continued population growth, infrastructure investment, and increasing demand for mixed-use redevelopment opportunities. Excellent connectivity with immediate access to TTC streetcar service, Mimico and Long Branch GO Stations, Gardiner Expressway, Hwy 427/401, Pearson Airport, and downtown Toronto. Features strong frontage, excellent visibility, ample on-site parking, and flexible mixed-use zoning. Currently improved with a fully leased commercial plaza providing stable holding income while future redevelopment plans are explored. Steps to Lake Ontario, waterfront parks, trails, and recreational amenities. Must be purchased together with 2386 Lake Shore Blvd W, creating a rare large-scale assembly opportunity with enhanced frontage, increased flexibility, and exceptional redevelopment potential in one of Toronto's most dynamic waterfront communities.
Toronto retail priced at $4,200,000 — book a tour to see if it fits your search.
Inside 2378 Lake Shore Blvd W
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
10681
Listing & possession
Property class
Commercial Retail
2378 Lake Shore Blvd W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13425280$4,200,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2378 Lake Shore Blvd W Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 2378 Lake Shore Blvd W. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5104.0%On average, homes sold at or above asking.
Active listings12,125Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 13 – Aug 11, 2026: prices down.
Based on 9,290 sales from Aug 11 – Nov 9, 2026 (7,223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
2378 Lake Shore Blvd W is listed at $4,200,000 (MLS® W13425280). Summitly updates the price as soon as the MLS® record changes.
Has the price of 2378 Lake Shore Blvd W changed?
No — 2378 Lake Shore Blvd W is still listed at its original asking price of $4,200,000.
How many bedrooms and bathrooms does 2378 Lake Shore Blvd W have?
The listing for 2378 Lake Shore Blvd W doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 2378 Lake Shore Blvd W close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 670 m (about a 8-minute walk) in a straight line. Old Mill Station is about 3.8 km, and Jane Station is about 3.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 2378 Lake Shore Blvd W compare with other homes in Toronto?
Its asking price of $4,200,000 is about 400% above the median sold price in Toronto over the last 90 days, $840,000, across 9,290 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2378 Lake Shore Blvd W been sold before?
Summitly has no earlier MLS® sale or lease of 2378 Lake Shore Blvd W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2378 Lake Shore Blvd W?
2378 Lake Shore Blvd W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2378 Lake Shore Blvd W been on the market?
153 days — 2378 Lake Shore Blvd W was listed on June 9, 2026.
What is the land transfer tax on 2378 Lake Shore Blvd W?
About $207,850 at the asking price of $4,200,000: $91,475 Ontario land transfer tax plus $116,375 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 2378 Lake Shore Blvd W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 2378 Lake Shore Blvd W?
The listing for 2378 Lake Shore Blvd W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 2378 Lake Shore Blvd W built?
The listing for 2378 Lake Shore Blvd W doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.