For Sale

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

$1,989,000

116 Lake Shore Drive, Toronto W06, Ontario M8V 2A2 is For Sale and has a listing price of 1,989,000. The property is located in the New Toronto neighbourhood . It's been on the website for 7 Days.

  • Detached
    Property Type
  • 4
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: W12196059
  • Office Name RE/MAX PROFESSIONALS INC.
Property Description

This beautiful home in the lakeside community of New Toronto is perfectly situated on a sought-after 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!

Property Details
  • Bedrooms: 4
  • MLS ID: W12196059
  • Bathrooms: 4
  • Price: $1,989,000
  • Lot Depth: 115
  • Transaction Types: For Sale
  • Ref ID: W12196059
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: South of Lake Shore Blvd W & Islington Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
06/04/2025 W12196059 $1,989,000 For Sale - -
04/23/2025 W12099998 $2,179,000 Cancelled 06/04/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Toronto
  • $1,377,321 Average List Price
    based on 1 year
  • 31 New Listings
    based on 30 days
  • 29 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.2 % Up
  • Sold (12mo) 78
  • Rented (12mo) 96

  • 1 Month Change +137.9%
  • 3 Month Change +135.0%
  • 6 Month Change +22.3%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Attached
  • Parking Spaces: 3
  • Exterior Stone
  • Kitchen Y
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 5
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $7,239
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 60 Days TBD
  • Listing Entry Date: 04/06/2025 18:06:44
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