70 Lake Shore Drive, Toronto, ON
Property Highlights
Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,600,000 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 50 x 101 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with other central cooling and highly efficient radiant heating via gas
Description
Unobstructed lake views. An irreplaceable location. Timeless character. Modern living. Welcome to this exceptional waterfront home, perfectly positioned directly across from Cliff Lumsdon Park in one of South Etobicoke's most sought-after neighbourhoods. Thoughtfully renovated and expanded with a stunning second-floor addition, this one-of-a-kind residence blends original craftsmanship with today's modern lifestyle. Wake up to breathtaking lake views from the luxurious primary retreat, while the living and dining rooms also capture spectacular views of Lake Ontario. The beautifully renovated chef's kitchen, complete with a separate butler's pantry, is designed for everyday living and effortless entertaining. Original wood detailing has been lovingly preserved, complementing the home's modern updates, while a rare main floor powder room adds everyday convenience. The finished lower level features a spacious recreation room, wet bar, separate entrance and excellent in-law or multi-generational living potential. Outside, enjoy beautifully landscaped grounds, a rare private driveway and the hard-to-find double car garage-an exceptional feature in this neighbourhood. Step outside to waterfront parks, miles of walking and cycling trails, and the beauty of Lake Ontario just beyond your front door. Some homes can be renovated. A location like this can never be recreated.
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Property Summary
This detached home located at 70 Lake Shore Drive, Toronto is currently for sale and has been available on SousaSells for 13 days. This property is listed at $2,600,000 with an estimated mortgage of $8,654* per month. It has 3 beds, 4 bathrooms, and is 2000-2500 square feet. 70 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 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in New Toronto, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake Access
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 70 Lake Shore Drive, Toronto, ON
Q.What is the asking price for 70 Lake Shore Drive, Toronto, ON ?
The current listing price for 70 Lake Shore Drive, Toronto, ON in New Toronto, Toronto is $2,600,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 4 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 70 Lake Shore Drive, Toronto, ON ?
70 Lake Shore Drive, Toronto, ON is a Detached (Backsplit 5) featuring a Separate Entrance, Finished basement.
Q.What key property features does 70 Lake Shore Drive, Toronto, ON offer?
Key property features include: Lake Access.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Other.
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Pricing & Value Insights
Data-driven valuation for 70 Lake Shore Drive, Toronto, ON M8V 1Z9
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 $2,600,000 in Toronto, the legal minimum down payment is $520,000 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 $51,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $51,475 also applies, bringing the total estimated land transfer taxes to $102,950.
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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.