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6-8 LAKE SHORE Drive
New Toronto Toronto M8V 1Z1

$4,990,000 /For Sale
Commercial

Main Photo: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 1: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 2: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 3: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 4: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 5: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 6: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 7: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Photo 8: 6-8 LAKE SHORE Drive in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12285199
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12285199
Exciting investment opportunity in the heart of New Toronto, just south of Lake Shore Blvd W. Offering two well-maintained apartment buildings steps from the lake. 6 Lake Shore Dr is a solid sixplex featuring two 2-bedroom and four 3-bedroom units, while 8 Lake Shore Dr offers 11 units comprised of six 2-bedrooms and five 1-bedrooms. Both buildings include coin-operated laundry, surface parking, and separate hydro meters. Located in a high-demand area within walking distance to the lake, parks, transit, schools, and local amenities on bustling Lake Shore blvd strip. 4 units are currently vacant. Properties may also be purchased separately.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
12174 sq. ft. Square Feet
Total Area:
12,173.97 sq. ft.
Depth:
99'7"
Frontage:
112'10½"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
RM(d1*480)
Heating type:
Gas Hot Water
Garage:
None
Parking Spaces:
14
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$31,755.05 / 2025
Assessment:
$- / -
Toronto W06
New Toronto
Toronto
Utilities:
Available
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Apartment
Date Listed:
Jul 15, 2025
Original Price:
$4,990,000
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Listed by RE/MAX ULTIMATE JULIE SEO REALTY
Data was last updated July 17, 2025 at 10:15 PM (UTC)
DARYL  KING
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Navigating the Commercial Real Estate Market in Toronto

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FAQs – Commercial Building for Sale Toronto

1. What types of commercial buildings are available in Toronto?
You’ll find retail storefronts, office buildings, mixed-use developments, and industrial spaces throughout the GTA.

2. How much does a commercial building cost in Toronto?
Prices vary based on location and size, ranging from $1M to over $20M for premium properties.

3. Is financing available for commercial properties?
Yes. Commercial mortgages are offered by banks and lenders with typical down payments of 25–35%.

4. Do I need a special permit to run a business from a commercial building?
Zoning laws apply. You must check with the City of Toronto to ensure your business use aligns with the building’s permitted zoning.

5. Are commercial buildings in Toronto a good investment?
Yes. With Toronto’s population growth, strong economy, and high business demand, commercial real estate remains a stable long-term investment.