Top 5 Commercial Spaces for Sale/Lease in Mimico

Dry January was a bust, so Colin and I have committed to dry February (while also maintaining the Whole 30 diet; no sugar, no carbs). It’s been tough trying to find alternative things to do in our free time, which we would normally spend dining and drinking out. Yesterday (Saturday) we decided to work offsite and went to a great little Cafe on Lakeshore called The Sydney Grind. We got our coffees, opened our laptops and realized they closed in 10 minutes… it was 4pm.

We’re neighbourhood people - we want to spend our time and money where we live. There are tons of other 30-somethings looking for places to spend their money, and Mimico’s demographics don’t lie. With a booming population (thanks to the condo jungle), an average household income of 100,000+, and a majority of the population in the 25-45 year old range, the neighbourhood is a brick-and-mortar dream!

That’s why we’ve put together a list of Mimico’s hottest retail spaces for sale/lease right now.

A dream space for restauranteurs

2350 Lake Shore Blvd W, Toronto
SIZE: 1200sqft
SALE OF BUSINESS: $275,000

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This stunning restaurant space has a front patio and is located right on Lakeshore, surrounded by many new luxury condos. The sale includes liquor license for 30 seats, plus an additional 11 seats on the patio. Long lease is available at a very reasonable rate! We’re imagining a Nuit-like wine & oyster bar. See more >>

Own your own cafe/bakery

2864 Lake Shore Blvd W, Toronto
SIZE: 2300sqft
SALE OF BUSINESS: $125,000

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Check out this long established bakery business in this prime corner unit location on Lakeshore! The current owner is looking to retire but has a profitable operation in place. The price includes everything you need to continue operation OR turn it into something completely new. See more >>

Dream a Dream (or open a bar!)

110 Marine Parade Dr Unit 1 , Mimico, Toronto, Ontario M8V 0A3
SIZE: 2874 Sq Ft  (divisible)
LEASE OF SPACE: $35/sqft

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Wow! With these high ceilings and industrial look, this space would be perfect for an edgy bar/restaurant or inventive retail space. It has amazing exposure on Marine Parade Dr, with lake views and easy walking access to the significantly growing residential node. The population within a one kilometre radius is estimated to increase by approximately 30% over the next 10 years! The unit features patio potential and underground parking. Zoning allows for a wide variety of uses so dream a dream! This listing is not yet open to the public, so to see full listing please email realtor Karen McCallum here >>

A little fixer upper for a great price

2783 Lakeshore Blvd W 11, Toronto
SIZE: 1000sqft
SALE OF BUSINESS: $28,000
RENT: $2000/month

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This storefront is adorable and could be completely reimagined! With 1000 square feet, we’re picturing the perfect opportunity for a independent book store or boutique fashion retailer. It’s located right on Lakeshore so gets lots of foot traffic and there are no competitors in these markets! Think of the Good Neighbour in Leslieville, the only spot in the neighbourhood to buy fashionable clothing and gifts and they are busy all the time! See more >>

Dollar Store Reimagined

2385 Lake Shore Blvd W, Toronto
SIZE: 2600 sqft
SALE OF BUSINESS: $33,000
RENT: $4350/month

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Located right beside a busy Mimico Cafe, this Dollar Store is dying to be reimagined. The expansive space could cater to a reclaimed furniture store, art gallery, yoga & fitness facility or something a little different like a zero-waste market, affordable art market or artist workshop (coop). See more >>

Know of another unique space for lease or sale? We want to know! Email info@thefiftyeight.ca

Tara McCallum