$2,990,000
$517/sq ft · 13 days on market
Discover a rare investment opportunity in South Etobicoke, just steps from Lake Ontario. 2709 Lake Shore is a well-maintained, legal six-unit apartment building (five two-bedroom units and one one-bedroom unit) with strong upside potential: Committee of Adjustment Approval allows reconfiguration into nine one-bedroom units and one two-bedroom unit. Ideally situated near Royal York Road and Lake Shore Boulevard, the property is only 10 minutes from downtown Toronto and offers two garage spaces plus three outdoor parking spots. Residents will enjoy being only steps away from and overlooking Lake Ontario, providing scenic views. The building can be operated as a traditional rental building or as an Airbnb operation. It is a very profitable investment. Extras: Basement common laundry area; keyless/keyscan entry, separate hydro meters, security cameras.
Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Data last updated: June 2, 2026 at 02:27 p.m.
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2709 Lake Shore Boulevard W
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
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Top 50% of Ontario secondary schools
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EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Nearest rapid transit and bus stops
63 within a 10-min walk · 125 within 20 min · click a card to see the closest ones
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Top 50% of Ontario secondary schools
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Source: TTC GTFS · straight-line distances · routes shown are short names
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance