For Sale

41 Lake Shore Drive Unit# 501, Toronto W06, Ontario M8V 1Z3

$488,000

41 Lake Shore Drive Unit# 501, Toronto W06, Ontario M8V 1Z3 is For Sale and has a listing price of 488,000. The property is located in the New Toronto neighbourhood . It's been on the website for 40 Days.

  • 1
    Bedrooms
  • 1
    Bathrooms
  • MLS ID: W12427235
  • Office Name RE/MAX PROFESSIONALS INC.
Property 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!

Property Details
  • Property Type: Condo
  • Listing Type: For Sale
  • Listing ID: W12427235
  • Price: $488,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Ref ID: W12427235
  • Approx Sqft: 600-699
  • Dir / Cross St: Lake Shore Drive and Fourth Street
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
09/25/2025 W12427235 $488,000 For Sale - -
04/03/2025 W12058216 $538,800 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Toronto
  • $1,057,496 Average List Price
    based on 1 year
  • 34 New Listings
    based on 30 days
  • 27 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.13 % Up
  • Sold (12mo) 100
  • Rented (12mo) 102

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    16.28%
  • Commercial
    5.05%
  • Condo
    78.68%
Additional Details
  • Heat Type Water
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 1
  • Garage Type Underground
  • Parking Spaces: N/A
  • Exterior Brick
  • Kitchen Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flex
  • Listing Entry Date: 25/09/2025 19:45:30
  • Laundry Access: In Building,Coin Operated,Shared
  • Condo Registry Office: NA
  • Locker: Exclusive
  • Locker #: 1
  • Locker Level: P1
  • Property Mgmt Co: Maryla Developments Ltd.
  • Condo Corp#: 0
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