2792 Lake Shore Boulevard, Toronto, ON

New Toronto, Toronto · MLS® W13445094

$1,490,000
For Sale
Listed 38 days ago
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2Bedrooms
6Bathrooms
2Parking
1100-1500Sq Ft

About this home

This Lakeside neighborhood is highly sought after by investors due to its revitalization, proximity to the waterfront and excellent transit accessibility along Lake Shore Blvd. Fantastic turn-key commercial/residential building (2790-2792 Lake Shore Blvd) offering immediate dual-income streams. This solid brick property features a highly visible ground floor commercial storefront with excellent street exposure, large display windows, and high foot traffic. Dual income stream-premium exposure-includes rear parking/loading access.

Key facts

Property type
Other, 2-Storey
MLS®
W13445094
Bedrooms
2
Bathrooms
6 (2 half)
Size
1100-1500
Lot
26.25 × 96 ft
Cross streets
Lake Shore Blvd W/Islington
Parking
2 parking
Basement
None
Heating
Radiant
A/C
Central Air, Wall Unit(s)
Exterior
Brick
Foundation
Brick
Roof
Flat
Sewer
Sewer
Property tax
$11,062 / 2025
Days on market
38
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

BedroomSecond0.00 × 0.00 m

3 Pc Bath

BedroomSecond0.00 × 0.00 m

3 Pc Bath

BedroomSecond0.00 × 0.00 m

3 Pc Ensuite

BedroomSecond0.00 × 0.00 m

3 Pc Bath

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Second Street Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Comparable listingsCurrently listed nearby in New Toronto · asking prices
$1.66Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

175B Lake Shore Drive$1.30M47 Eighth Street$1.80M47 Thirteenth Street$1.87M

The 3 closest active listings nearby.

See all comparable homes
1.49MThis home1.30M1.80M1.87MThis home vs active comparables
Live market pulseActive comparables in New Toronto · median list $800K
$1,146this home / sqft
24active listings nearby
38days on market
99sold nearby · 90 days
$750Kmedian sold price
97%of asking, on average

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

New Toronto, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mimico
$543K
Niagara
$549K
Weston-Pellam Park
$499K
Waterfront Communities C1
$624K
Church-Yonge Corridor
$719K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Second Street Junior Middle School
69%
Second Street Junior Middle SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$6,791/mo
$293KIncome needed
5.1×Price ÷ income
$1,567Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $6,791Property tax $922Total carry $7,713

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,361per month

Mortgage amount $1,192,000 · 4.14% over 25 years

$298,000Down payment (20.0%)
$1,192,000Loan before insurance
$0CMHC premium
$7,283Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,361
Property tax
$922
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,283

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$26,275
Toronto municipal land transfer tax
$26,275
Estimated closing costs
$52,550

Plus your down payment of $298,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,726/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$716,286Total interest paid
$1,908,286Total of all payments
Principal $1,192,000 Interest $716,286
YearPrincipalInterestBalance
1$27,924$48,407$1,164,076
2$29,092$47,239$1,134,983
3$30,309$46,022$1,104,674
4$31,577$44,754$1,073,097
5$32,898$43,433$1,040,199
6$34,274$42,057$1,005,924
7$35,708$40,624$970,217
8$37,201$39,130$933,015
9$38,757$37,574$894,258
10$40,379$35,953$853,880
11$42,068$34,264$811,812
12$43,827$32,504$767,985
13$45,660$30,671$722,325
14$47,570$28,761$674,754
15$49,560$26,771$625,194
16$51,633$24,698$573,561
17$53,793$22,539$519,768
18$56,043$20,289$463,725
19$58,387$17,944$405,338
20$60,829$15,502$344,509
21$63,374$12,958$281,135
22$66,025$10,307$215,111
23$68,786$7,545$146,325
24$71,663$4,668$74,661
25$74,661$1,670$0

At the end of your 5-year term

Total paid over the term
$381,657
Principal paid down
$151,801
Interest paid
$229,856
Balance remaining
$1,040,199

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
0.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.9%
Gross yield
− Property tax $11,062− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $12,102

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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