$1,299,000
Est. payment $5,752/moCalculate yours
175B Lake Shore Drive, Toronto, ON M8V 2A1
New Toronto, Etobicoke, ON M8V 2A1
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® W13239204
About this home
*Attention builders!* Severance Approved for this 75 x 150 foot lot to create two Lots of 37.5 x 150 Ft backing onto Rotary Peace Park and overlooking Lake Ontario! Only Steps from the Lake and neighbourhood Beach! Building Plans ready to build two 2,723 sq-ft homes with open concept main floor, 4 Bedrooms on 2nd level and a massive 3rd floor fully enclosed Roof Terrace overlooking Lake Ontario! Property is backing onto the park that can be accessed via a gate directly from the backyard! The opportunities are endless with this property offering a perfect open canvas to build two dream homes or lakeside retreat. Fantastic views of park and lake. Conveniently located close to an abundance of family amenities with waterfront trails and sports facilities including Rotary Peace Park, Beach and Outdoor Pool and Colonel Samuel Beach Park. Steps to the waterfront and a small beach. Just a few minutes drive to The QEW & GO Station. Close walking distance to affluent schools, shopping, restaurants, public transportation and so much more!
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Interior
- Total Rooms
- 8
Building & Systems
- Water
- Municipal
Lot & Parking
- Lot Size
- 37.43 x 153.97 Feet
- Parking
- None garage
- Zoning
- Residential
Location
- Neighbourhood
- New Toronto
- Cross Street
- Islington & Lake Shore Dive
- Direction Faces
- South
Listing
- MLS® Number
- W13239204
- Days on Market
- 139
- Listed On
- 2026-06-01
- Possession
- Flexible
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Features
Property
- Fenced Yard
- Lake/Pond
- Park
- Rec./Commun.Centre
- School
- Beach
- Included
- Building plans, Survey
Mortgage calculator
Estimated mortgage payment
$5,752 per month
- Principal and interest
- $5,752
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $5,752
Your mortgage
- Mortgage amount
- $1,039,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $686,307
Cash to close
- Down payment
- $259,800
- Land transfer tax (Ontario + Toronto)
- $44,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $304,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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