11A Lake Shore Drive, Toronto, ON
New Toronto, Toronto · MLS® W13481742
About this home
Lake view! Lake front! Lake life! Now you too can enjoy the special excitement of 'Life-on-the-Lake' in this delightful waterfront property! Enjoy unparalleled sunrises, spectacular sunsets & private lake views. Sip your morning coffee while watching the sailboats coast by from the privacy of your primary bedroom balcony! Entertain family and friends with a delightful dinner in your very own waterfront backyard! Soak-up the sun while listening to the soothing sounds of waves lapping at the shoreline from your lakeside deck and sandy beach! Loved by the same family for the last 50 years, the homeowners renovated the house into the clean, minimalist, mid-century modern styled home you see today. Now you too have the opportunity to tweak and renovate this home to make it your own. Sizable living room and cozy dining room lead to large, eat-in kitchen and "breakfast room with a view". The kitchen enjoys a walkout to 2 wooden decks; the upper deck is perfect for starting your morning with a hot cup of coffee and unwinding with a cool glass of wine after a long day. The lower deck is an excellent spot to fire up the BBQ and host family and friends to a delicious lakeside meal. Upstairs are 3 bedrooms and 4-piece bath. The sun-splashed primary bedroom is brilliantly-illuminated by natural sunlight and, most importantly, features a sliding double-door walkout to a private balcony with gorgeous, unobstructed lake views. Here, one awakens to spectacular sunrises, fresh lake breezes and the playful babble of ducks and swans. The sprawling, fully-finished lower-level offers good ceiling height; home office/4th bedroom; 4-piece bath; laundry/utility room with plenty of storage; and a rec room with a view of the Lake. Out back, the lush-green lawn leads down to the water's-edge where you can experience the soothing, tranquil sound of the waves breaking on the shoreline-on your very own shoreline! Dreaming of living on the Lake? Dream no longer!
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13481742
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 20 × 182 ft
- Cross streets
- Royal York Rd & Lake Shore Blvd
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Finished, Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Metal/Steel Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Rolled, Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,977 / 2026
- Days on market
- 24
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
laundry sink · b/i closet · combined w/laundry
w/o to garden · w/o to water · walk-up
broadloom · closet · west view
finished · combined w/office · above grade window
broadloom · west view · formal rm
broadloom · closet · overlooks frontyard
overlook water · double closet · w/o to balcony
overlook water · w/o to deck · combined w/kitchen
overlook water · w/o to deck · w/o to water
broadloom · large window · california shutters
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.
Ask Moe if this price is fairThe assigned public school is Seventh Street Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Lake Shore Blvd West at First St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homes20 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
New Toronto, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Lake Shore Blvd West at First St, about 173 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,351,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,211
- Property tax
- $498
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,709
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,255
- Toronto municipal land transfer tax
- $30,255
- Estimated closing costs
- $60,510
Plus your down payment of $337,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $432,630
- Principal paid down
- $172,076
- Interest paid
- $260,555
- Balance remaining
- $1,179,124
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.
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.