
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.
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.
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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.Yes! Featuring 7 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in New Toronto, Toronto.
Growing families needing multi-bedroom flexibility and space in New Toronto, Toronto.
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The current listing price for 135 Lake Shore Drive, Toronto, ON in New Toronto, Toronto is $2,498,000.
This property features 7 bedrooms and 5 bathrooms across approximately 2500-3000 sqft.
135 Lake Shore Drive, Toronto, ON is a Multiplex (Other) featuring a Finished, Walk-Up basement.
Key property features include: Park, Library, Lake/Pond, Waterfront, Public Transit.
Interior highlights include: None.
Yes, this property offers parking space for 6.0 vehicles (Built-In).
Heating is provided via Gas and cooling via None.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 135 Lake Shore Drive, Toronto, ON M8V 2A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
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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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.