41 Lake Shore Drive, Unit 502, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment co-op apartment located in the coveted neighborhood of New Toronto. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $529,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- Efficient water heating via gas
Description
Bright & Spacious Corner Suite. Two Bedroom Apartment In Well Maintained Co-Op Building. Large Living And Dining Room With Hardwood Floors and Walk-Out To Beautiful Long Balcony. Kitchen Has Granite Counters, Stainless Steel Appliances and Ceramic Backsplash. Large Primary Bedroom With Walk In Closet. Lake Views From Bedrooms. Quiet Lakefront Building. Exclusive Use Underground Parking. Exclusive Use Locker. Maintenance Fee Includes Property Taxes, Heat, Hydro, Water and Building Insurance. *Dogs Are Not Permitted. Must Be Owner Occupied Only, No Rentals. Building Has Shared Laundry Room (Coin Operated). Excellent Location - Steps To Transit, Schools, Parks, & Shops.
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Property Summary
This condo apartment located at 41 Lake Shore Drive, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $529,900 with an estimated mortgage of $1,764* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 41 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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in New Toronto, Toronto.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •800-899 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake/Pond
- Park
- Public Transit
- School
Interior Features
- Carpet Free
Security Features
- Security System
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 2-bedroom condo apartment at 41 Lake Shore Drive, Unit 502, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Toronto Buyer Budget & Costs
Estimated mortgage: $1,764*/month*. Estimated Ontario Land Transfer Tax: $14,146. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 41 Lake Shore Drive, Unit 502, Toronto, ON
Q.What is the asking price for 41 Lake Shore Drive, Unit 502, Toronto, ON ?
The current listing price for 41 Lake Shore Drive, Unit 502, Toronto, ON in New Toronto, Toronto is $529,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 800-899 sqft.
Q.What property type and architectural style is 41 Lake Shore Drive, Unit 502, Toronto, ON ?
41 Lake Shore Drive, Unit 502, Toronto, ON is a Co-op Apartment (Apartment) featuring a None basement.
Q.What key property features does 41 Lake Shore Drive, Unit 502, Toronto, ON offer?
Key property features include: Lake/Pond, Park, Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.What security features are installed at 41 Lake Shore Drive, Unit 502, Toronto, ON ?
Security features include: Security System.
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.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
New Toronto, Toronto
166 assaults (1271.9/100k)
25 B&E (191.6/100k)
35 thefts (268.2/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 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.
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 502, Toronto, ON M8V 1Z3
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 $529,900 in Toronto, the legal minimum down payment is $27,990 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 $7,073 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,073 also applies, bringing the total estimated land transfer taxes to $14,146.
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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.
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