41 Lake Shore Drive, Unit 501, Toronto, ON

$449,000
MLS#:W12923846
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1 Bedroom
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
Sold property - 1 Bed, 1 Bath Home at 41 Lake Shore Drive Toronto ON listed at $449,000 (MLS# W12923846) - Main View
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This property was sold on June 24, 2026. Listing is for reference only.
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GTA Transit & Commute from this Address

Realistic rush-hour travel times from 41 Lake Shore Drive

GO Train to Union Station

TTC Subway & GO Transit network: 10–25 min to Financial Core

Highway Access

Gardiner, DVP & 401: 5–12 min drive

Airport & Regional Link

Billy Bishop (YTZ): 10–15 min | Pearson (YYZ): 25 min

Added:Mar 26, 2026(234 days ago)
Updated:Jun 24, 2026(144 days ago)
Last Checked:17 minutes ago

Property Highlights

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Welcome to this remarkable Apartment co-op apartment located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $449,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • Ample parking with 1.0 garage spaces (1.0 total parking spaces) with a convenient underground configuration
  • Notable attributes: Carpet Free, Storage, Storage Area Lockers
  • Efficient water heating via gas

Description

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Stylish, spacious and completely turnkey, 41 Lake Shore Drive #501 is a fully renovated oversized one-bedroom suite in a beautifully maintained boutique co-op building right by the lake. This sun-filled home pairs modern design with quality craftsmanship, featuring wide-plank engineered hardwood floors, custom cabinetry, premium new windows and patio doors, designer accent walls, and a stunning kitchen with butcher block counters, farmhouse sink, stainless steel appliances and classic subway tile. The generous bedroom, beautifully updated bath, and oversized private balcony add to the appeal, while underground parking and a locker offer everyday convenience. Set in the heart of New Toronto, just steps to the waterfront trail, Prince of Wales Park, shops, cafés, restaurants and transit, the location is every bit as impressive as the suite itself. Even better, this well-run co-op offers outstanding value, with maintenance fees that include property taxes, heat, hydro, water and more - an important financial advantage making the overall monthly carrying costs highly competitive with many area condos - yet with a larger footprint and the added benefit of a beautifully updated unit, underground parking and locker, all at a price point that is increasingly difficult to find along the waterfront. For the buyer who values size, style, finishes and location, this is a standout opportunity. A rare opportunity to enjoy renovated lakeside living in an exceptional community.

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Property Summary

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This condo apartment located at 41 Lake Shore Drive, Toronto is currently for sale and has been available for 234 days. This property is listed at $449,000 with an estimated mortgage of $1,495* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 41 Lake Shore Drive, Toronto is in the New Toronto neighborhood.

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

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in New Toronto, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •1 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

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Bedrooms
1 Bedroom
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

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StatusSold
Maintenance Fee$879.85/mo
Sold DateJune 24, 2026
Sold price information is available to members only
AddedMar 26, 2026 (234 days ago)
UpdatedJun 24, 2026 (144 days ago)
Last Checked17 minutes ago
Transaction TypeFor Sale
List Office NameROYAL LEPAGE SIGNATURE REALTY

Property Details

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Property Sub-TypeCo-op Apartment
Architectural StyleApartment
ConstructionBrick Front
BasementNone
CountyToronto
Annual Tax$0

Parking & Garage

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Parking Total1.0
Parking Space0
Garage Parking1.0
Garage TypeUnderground

Heating & Cooling

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Heat SourceGas
Heat TypeWater
CoolingNone

Features

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Property Features

  • Waterfront
  • Park
  • Marina
  • Lake/Pond
  • Public Transit
  • School

Interior Features

  • Carpet Free
  • Storage
  • Storage Area Lockers

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Toronto Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Toronto?

This property at 41 Lake Shore Drive, Unit 501, Toronto, ON has closed. If you own a home on this street or nearby in Toronto, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 41 Lake Shore Drive, Unit 501, Toronto, ON

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Q.What is the asking price for 41 Lake Shore Drive, Unit 501, Toronto, ON ?

The current listing price for 41 Lake Shore Drive, Unit 501, Toronto, ON in New Toronto, Toronto is $449,000.

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

This property features 1 bedroom and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 41 Lake Shore Drive, Unit 501, Toronto, ON ?

41 Lake Shore Drive, Unit 501, Toronto, ON is a Co-op Apartment (Apartment) featuring a None basement.

Q.What key property features does 41 Lake Shore Drive, Unit 501, Toronto, ON offer?

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

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Storage, Storage Area Lockers.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

Location

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41 Lake Shore Drive, Unit 501, Toronto, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

New Toronto, Toronto

SAFETY RATING7.4 / 10
Moderate Incident Area
Total Annual Incidents264 incidents / yr
Average Per Month22.0 incidents / mo
Population Benchmark13,064 residents
Personal Safety
Elevated

166 assaults (1271.9/100k)

Property Security
Moderate

25 B&E (191.6/100k)

Auto Theft Risk
Elevated

35 thefts (268.2/100k)

1-Year Trend
▼ 12%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 41 Lake Shore Drive 501, Toronto W06, ON M8V 1Z3

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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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 Population717,961
City Median Age40.1 Yrs
City Ownership72% Owners
Avg Area List Price$1,528,332

People & Families

Age Distribution

Household Composition

One-person households
22%
Families with children
48%
Couples without children
24%
Other households
6%

Top Ethnic Origins

Indian20%
Chinese10%
Canadian9%
English8%

Best Schools in New Toronto, Toronto

Elementary Schools

John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
The Holy Trinity
Public6 Colonel Samuel Smith Park Drive, Etobicoke, Toronto, Ontario, M8V 4B7
8.3
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7

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-Occupied72%
Rented28%

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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.

Recently Sold
$449,000

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