114 Lake Shore Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,199,777 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 25.58 x 115 ft lot
- Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This bright home is located right on the waterfront trail & tranquil Lake Shore Dr. Featuring 3+1 bedrooms, 2 washrooms. This beautiful home offers 2180 SQ FT of living space. As you arrive to this cozy home you will be greeted by a Sunny Sunroom and open concept living and dining room area, 3 bedrooms, 4 pc bath and a bright big kitchen leading to the backyard. The lower-level features rear separate entrance, kitchenette (used to be a full kitchen so it can be converted back), a family room, an office, an extra bedroom, full washroom, and laundry/utility room. The backyard features a large deck creating a tranquil retreat for relaxation and entertaining. Lake Ontario waterfront is located steps away from this front door with stunning views of Toronto Skyline and a short drive to downtown Toronto.
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Carpet Free, In-Law Suite
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 114 Lake Shore Drive, Toronto W06, ON M8V 2A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,199,777 in Toronto, the legal minimum down payment is $239,955 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,471 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,471 also applies, bringing the total estimated land transfer taxes to $40,941.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
