135 Lake Shore Drive, Toronto, ON

$2,498,000
MLS#:W13535268
7 beds
5 baths
2500-3000 sqft
6.0 parking
Residential Freehold
135 Lake Shore Drive, Toronto, ON M8V 2A1

Property Highlights

Welcome to this remarkable Other multiplex located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,498,000 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.

  • 7 Bedrooms and 5 Bathrooms with 5 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 25 x 180 ft lot
  • Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • Efficient other heating via gas

Description

WATERFRONT Multiplex w/ 5 units - Overlooking Lake Ontario - This large purpose built building offers: approx. 2900 sq ft above grade plus 1000 sq ft mid grade - approx. 3900 sq ft of living space! 25ft of frontage on Lake Ontario, 2 car garage, 5 legal residential units (100% tenanted w/ 2 two-bedroom units on the street side & 3 one-bedroom plus den units overlooking Lake Ontario), 2 large balconies overlooking Lake, ground level terrace w/ walkout overlooking Lake, recent upgrades/renovations include concrete at main entrance '24, windows '23, electrical panels '23, EV charger '23, fire alarm upgrade '23, lockers '23, lower waterfront patio '21, roof & eaves 2019 & exterior railings '19. End user Potential to convert into a Modern Masterpiece! New Toronto on the Lake: Great shopping & restaurants, lakefront parks, public transit, lakefront trails... This is a rare offering w/ incredible views of Lake Ontario **EXTRAS** 5 Meters, 5 Fridges, 5 Stoves.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This multiplex located at 135 Lake Shore Drive, Toronto is currently for sale and has been available on SousaSells for 31 days. This property is listed at $2,498,000 with an estimated mortgage of $8,315* per month. It has 7 beds, 5 bathrooms, and is 2500-3000 square feet. 135 Lake Shore Drive, Toronto is in the New Toronto neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 7 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in New Toronto, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 7 spacious bedroom layout offering versatile living space
  • 5 well-appointed bathrooms
  • 2500-3000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in New Toronto, Toronto.

Target Buyer Match

Key Features

Bedrooms
7
Bathrooms
5
Kitchens
5
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural StyleOther
ConstructionBrick
BasementFinished, Walk-Up
Lot Size25 × 180 Feet
CountyToronto
Annual Tax$10,185.71
Legal DescriptionPT LT 15,PL 1592, AS IN NT23313; ETOBICOKE CITY OF TORONTO

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

  • Park
  • Library
  • Lake/Pond
  • Waterfront
  • Public Transit

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 135 Lake Shore Drive, Toronto, ON

Q.What is the asking price for 135 Lake Shore Drive, Toronto, ON ?

The current listing price for 135 Lake Shore Drive, Toronto, ON in New Toronto, Toronto is $2,498,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 7 bedrooms and 5 bathrooms across approximately 2500-3000 sqft.

Q.What property type and architectural style is 135 Lake Shore Drive, Toronto, ON ?

135 Lake Shore Drive, Toronto, ON is a Multiplex (Other) featuring a Finished, Walk-Up basement.

Q.What key property features does 135 Lake Shore Drive, Toronto, ON offer?

Key property features include: Park, Library, Lake/Pond, Waterfront, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Built-In).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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135 Lake Shore Drive, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 135 Lake Shore Drive, Toronto, ON M8V 2A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$749,400 (30.0%)
* Minimum Canadian down payment required for this price is $499,600.
Amortization Period30 Years
Estimated Monthly Payment$8,315Based on a loan of $1,748,600 over 30 years.
Purchase Price$2,498,000
Loan Amount$1,748,600
Provincial Land Transfer Tax:$48,925
Toronto Municipal Land Transfer Tax:$48,925
Total Estimated Closing Taxes:$97,850

About Purchasing a Home in Toronto, ON

For a property listed at $2,498,000 in Toronto, the legal minimum down payment is $499,600 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 $48,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,925 also applies, bringing the total estimated land transfer taxes to $97,850.

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New Toronto, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for New Toronto, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,293,240

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in New Toronto, Toronto

Elementary Schools

The Holy Trinity
Public6 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.3
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
St Leo
Public3672 Lake Shore Boulevard West, Etobicoke, Toronto, Ontario, M8W 1P7
7.5
Adam Beck
Public544 Horner Avenue, Etobicoke, Toronto, Ontario, M8W 2C2
7.0

Secondary Schools

Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Father John Redmond
Public28 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.6
Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7

New Toronto, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.