Detached House for sale at 175 Lake Shore Drive, Toronto, Ontario, M8V 2A1 - New Toronto - MLS: W12826400

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175 Lake Shore Drive

Toronto, Ontario, M8V 2A1 - New Toronto

$2,499,000

Neighbourhood

New Toronto
Major Intersection

Islington & Lake Shore Drive

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

4 + 1
Bathrooms

6
Basement

Fin W/O
Kitchen

1
Total Parking

4 (2 Built-In Garage)
Lot Size

75x153.97 (Feet)
Taxes

$7,254.00 (2025)
Type

Freehold

Property Description

Property description for 175 Lake Shore Drive, Toronto

Attention builders!! Severance Approved for this 75 x 150 foot lot to create two Lots of 37.5 x 150 Ft backing onto Rotary Peace Park and overlooking Lake Ontario!! Only Steps from the Lake and neighbourhood Beach! Building Plans ready to build two 2,723 sqft homes with open concept main floor, 4 Bedrooms on 2nd level and a massive 3rd floor fully enclosed Roof Terrace overlooking Lake Ontario! Property is backing onto the park that can be accessed via a gate directly from the backyard! The opportunities are endless with this property offering a perfect open canvas to build two dream homes or lakeside retreat. Fantastic views of park and lake. Conveniently located close to an abundance of family amenities with waterfront trails and sports facilities including Rotary Peace Park, Beach and Outdoor Pool and Colonel Samuel Beach Park. Steps to the waterfront and a small beach. Just a few minutes drive to The QEW & GO Station. Close walking distance to affluent schools, shopping, restaurants, public transportation and so much more!

Listed by ROYAL LEPAGE SIGNATURE REALTY

Property details

MLS #

W12826400
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

Private, Pvt Double
Garage

Built-In, 2 spaces
Total Parking

4
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Unknown, Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W12826400
Sq. Ft

2500-3000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

None
Drive

Private, Pvt Double
Garage

Built-In, 2 spaces
Total Parking

4
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Unknown, Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 175 Lake Shore Drive, Toronto

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in New Toronto

Active listings

Average Selling Price of a Detached

January 2026

$1,100,000

Last 3 Months

$1,007,305

Last 12 Months

$1,031,385

January 2025

$1,625,667

Last 3 Months LY

$1,724,210

Last 12 Months LY

$1,449,228

Change

-32%

Change

-42%

Change

-29%

Historical Average Selling Price of a Detached in New Toronto

Average Selling Price

3 years ago

$2,190,000

Average Selling Price

5 years ago

$1,133,000

Average Selling Price

10 years ago

$778,667

Change

-50%

Change

-3%

Change

41%

How many days Detached takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

-47%

Change

-26%

Change

Average Selling price

Mortgage Calculator

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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