Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

2316 Lake Shore Boulevard W, Toronto, ON M8V 1B5

Store W Apt/Office
$1,850,000

Attention Etobicoke Investors! Fabulous opportunity to own a 3-storey (plus full basement) mixed-use property in the heart of Mimico! Busy retail store with 2 x 2 bedroom and 2 x 1 bedroom apartments totaling 4200 sq ft and benefits from high vehicular traffic on Lake Shore Blvd W with many recently completed condominiums in the immediate area. 4 parking spaces in the rear of the property.

MLS number
W13093954
Type
Store W Apt/Office
Status
Active
Bedrooms
Bathrooms
Postal code
M8V 1B5
Photos
25
Property tax
$12,483 / year
130days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

David Hornell Junior School6.8 / 10
Elementary · Regular Track
TDSB boundary
Lakeshore Collegiate Institute5.9 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Phoenix Montessori School IncElementary695 mNot reported
John English Junior Middle School
Toronto DSB
Elementary849 m7.3 / 10
73% met the standard
St Leo Catholic School
Toronto CDSB
Elementary802 m8.3 / 10
83% met the standard
KCS Senior SchoolSecondary903 mNot reported
George R Gauld Junior School
Toronto DSB
Elementary942 m7.3 / 10
73% met the standard · 3 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 585 people.

$76,500Median household income
50%Own their home
16.9%Detached houses
38Median age
41.5%Born outside Canada
41.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204692 — the few blocks around this address, home to 585 people. It describes the area, not this property.

585Population
40.9Average age
1.8Household size
$92,000Average household income
$76,500Median household income
50%Own their home
50%Rent
47%Condominiums
42%Born outside Canada
41%University degree
$800,000Average home value
10%Low income
32%Not in the labour force
36%Never married
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9993%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9992%
$100,000 and over27%
$100,000 to $124,99910%
$125,000 to $149,9994%
$150,000 to $199,9998%
$200,000 and over6%

Percentages are of the 445 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$370,000 · minimum here is $370,000
$8,191.40per month
Borrowed before insurance$1,480,000
Total borrowed$1,480,000
Interest over 25 years at 4.5%$977,420

If you rented it out

-$9,231.65per month out of pocket
Rent$0.00
Everything it costs to hold$9,231.65
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 2 still in progress.

2256 LAKE SHORE BLVD W270 m
Under Review · applied September 7, 2022

Sept 2025- Revised submission is 37 and 10 storeys. Original submission: Official Plan and Zoning By-law amendment for a mixed-use building composed of two towers rising to 35 and 18 storeys with a total gross floor area (GFA) of 39,699 square metres and densi…

City planning file →
2256 LAKE SHORE BLVD W270 m
Under Review · applied September 7, 2022

Site Plan application for a mixed-use building composed of two towers rising to 35 and 18 storeys with a total gross floor area (GFA) of 39,699 square metres and density (FSI) of 6.28 times the area of the lot.…

City planning file →
251 MANITOBA ST485 m
Closed · applied January 19, 2022

Draft Plan of Standard Condominium application for two residential buildings, 11 and 29 storeys in height, connected by a podium, comprised of a total of 498 residential units.

City planning file →
10 PARK LAWN RD483 m
Closed · applied October 8, 2019

Changes requested to previous site plan approval

City planning file →
251 MANITOBA ST485 m
Closed · applied February 26, 2018

Proposal to permit a total of 498 residential units within a 29-storey apartment building (93 m including mechanical penthouse) with a 5-storey (13.5 m) podium and a mid-rise building stepping upto 12-storeys (41 m including mechanical penthouse).…

City planning file →
10 PARK LAWN RD483 m
Closed · applied June 16, 2017

Draft Plan of Condominimum application for a 45-storey mixed use building (commercial at-grade and 523 residential condominium units).

City planning file →
251 MANITOBA ST485 m
Closed · applied October 18, 2013

Proposed amendments to the Official Plan and Zoning By-laws to permit a total of 499 residential units within a 29-storey (93 m, including mechanical penthouse) apartment building with a 5-storey (13.5 m) podium and a mid-rise building stepping upto 12-storeys…

City planning file →
10 PARK LAWN RD483 m
Closed · applied February 28, 2013

Proposed amendments to the Official Plan permit a mixed-use development now consisting of 523 residential units and approximately 1 200 m2 of commercial floor space. See Folder 12 123575 WET 06 OZ for the related rezoning application.

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by KAY REAL ESTATE LTD.. Listing data provided by the Toronto Regional Real Estate Board.