116 Lake Shore Drive, Toronto W06, ON

$1,989,000
MLS#:W12378277
4 beds
4 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium stone and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,989,000 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 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 38.44 x 115 ft lot
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This beautiful home in the lakeside community of New Toronto is perfectly situated on a sought-after quiet street that runs right along the lake! The main floor boasts a formal living and dining room with elegant French doors, creating a refined atmosphere. The open concept eat-in kitchen, complete with granite counters, Gas stove and plenty of cabinetry overlooks the spacious family room. The grand family room boasts multiple skylights and a double-door walkout to the back deck which floods the room with natural light! Upstairs, you'll find 3 generously sized bedrooms. The primary suite is extra-large, with vaulted ceilings, a walk-in closet, and a luxurious 5-piece ensuite. The two additional bedrooms are bright and spacious, with views of the private backyard. Both upstairs bathrooms feature heated flooring! Enjoy the conveniently located washer and dryer on the second floor. The fully finished basement offers incredible space, with room for a bedroom, media room, and recreation area. It also features a rough-in for a kitchen and 2nd laundry room, perfect for creating a nanny suite, complete with a full 3-piece bathroom. Note the convenience of a separate inside entrance to the large garage! The backyard is a private oasis, perfect for BBQs, gardening, or simply relaxing while enjoying the serenity of the surroundings. This property is the ideal spot for summer entertaining! Located in a prime area across the street from the Lake, this home is just steps from multiple parks, trails, shops, restaurants, public transit, schools, library, community centre and a marina! Easy access to highways makes it a quick commute to both Toronto airports and downtown Toronto!

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 24, 2025
Sold price information is available to members only
Listed Date9/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone, Stucco (Plaster)
Lot Size38.44 × 115 Feet
CountyToronto
Annual Tax$7,238.72
Legal DescriptionPT LTS 156 & 157, PL 1592, AS IN EB416398; ETOBICOKE, CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Lake/Pond, Library, Park, Public Transit, School

Community Features

Location

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116 Lake Shore Drive, Toronto W06, 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 116 Lake Shore Drive, Toronto W06, ON M8V 2A2

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.

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Financial Audit

Estimated Costs

Loan Amount$1,591,200
Monthly Mortgage$9,245
Property Tax (Est.)$603
Utilities & Maint.$350
Total Monthly Cost$10,198

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto W06.

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.

116 Lake Shore Drive, Toronto W06 - 4 Bed 4 Bath Home For Sale | MLS# W12378277 | ZooZaa | ZooZaa Real Estate