57 Lake Shore Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $1,695,000 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.
- 4 Bedrooms and 2 Bathrooms
- Premium 29.83 x 184 ft lot size
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
If there is magic on this planet it is contained in water, and if there is magic in New Toronto, it is contained at 57 Lake Shore Drive. This is life ON THE WATERFRONT in a spectacular mix of classic lakeshore and mid-century design. 4 large beds, 2 baths, approximately 2090SF above grade, all open concept and flowing towards one of our nation's most breathtaking bodies of water. Your days will be filled with the sound of waves breaking, the hush of lakeside wind in the trees and views of the majestic Toronto skyline and the deep blue of Lake Ontario. The interior layout is extremely well defined and functional and the views from each room will have you taking deep calm breaths, then dreaming about your future in this home. Many of us imagine the chance to live on the water or have that lake front cottage, we drive hours and go to great lengths to be on the shoreline - 57 Lake Shore Drive is a chance to have it all, day in and day out. RSA
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 57 Lake Shore Drive, Toronto W06, ON M8V 1Z5
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 $1,695,000 in Toronto, the legal minimum down payment is $339,000 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 $30,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,375 also applies, bringing the total estimated land transfer taxes to $60,750.
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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.
