41 Lake Shore Dr, Unit #501
New Toronto, Toronto
$488,000
Buy with Dwelly and Save $4,880
Home Details
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Listing Description
Welcome to 41 Lake Shore Drive #501, a fully renovated, oversized one-bedroom suite in a boutique waterfront building! Flooded with natural light, this thoughtfully designed unit blends modern style with premium finishes. The spacious living and dining area features Century Architecture Distillery painted brick veneer accent wall, SONOpanX insulation, wide plank engineered hardwood floors, LED pot lights, custom cabinetry and new GEM Aluminum patio doors and windows. The gourmet kitchen is a home cook's dream, boasting custom Elisabeth Ashley cabinetry, butcher block counters, a Blanco Ikon farmhouse sink with gold Crue pull-down faucet, stainless steel appliances and a classic white subway tile backsplash. Large primary bedroom featuring a massive window with automatic Zebra blinds, a shiplap accent wall with SONOpanX insulation, a double closet, modern ceiling fan and wide-plank floors. The spa-like 4 piece bathroom showcases a Rubix skirted tub, Zen tap vanity, Zip 3-way shower with thermostatic valve, stylish hexagon flooring and a MAXX Incognito shower door. Additional upgrades include new solid wood interior doors and hardware, new light fixtures, a new breaker panel and a fresh neutral palette. 31.5' x 5'4" private balcony, perfect for relaxing and entertaining. One underground parking spot and one locker included. This well-managed building offers a common waterfront BBQ area w/ breathtaking lake views, watersports storage, w/maintenance fees covering property taxes, heat, hydro, water & more. Nestled in the heart of New Toronto, steps from Prince of Wales Park, Lake Ontario and the waterfront trail, this vibrant neighbourhood offers unbeatable access to nature, rec and city conveniences. Enjoy nearby trendy shops and restaurants including local favourites like Teos Bakery, Cellar Door, Kitchen on Sixth, The Sydney Grind and Funny Bones Games Lounge with convenient transit options at your doorstep. Incredible value in a highly sought-after lakeside location!
City: Toronto
Neighborhood: New Toronto
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Apr 2, 2025 | 89 | $538,800 | N/A | Expired | W12058216 |
Rooms
Room dimensions for 41 Lake Shore Dr, Unit #501, Toronto
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 41 Lake Shore Dr501 is 3213
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $488000 |
| Down Payment | $97600 |
| Mortgage Insurance | $0 |
| Total Mortgage | $390400 |
Monthly Payment
| Mortgage Payment | $2406 |
| Property Taxes | $0 |
| Maintenance Fees | $807 |
| Monthly Payment | $3213 |
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About 41 Lake Shore Dr, Unit #501, Toronto
Located at 41 Lake Shore Dr Unit #501, this Toronto condo is available for sale. This property was listed for $488,000 on Thu Sep 25 2025. This condo's size is 600-699 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $807 per month . Views are to the NorthWest from this property. Step outside onto the open balcony. The property includes the following rooms: Foyer, Living, Dining, Kitchen, Br. This property comes with 1 parking spots. This property also comes with a locker. Heat, Hydro, Water are included with this property. 41 Lake Shore Dr, Toronto is situated in the New Toronto neighbourhood.
MLS#: W12427235 · $488,000 · 1 bedroom condo in New Toronto, Toronto