For Sale

8 Lake Shore Drive, Toronto (Mimico), Ontario M8V1Z1

$2,900,000

8 Lake Shore Drive, Toronto (Mimico), Ontario M8V1Z1 is For Sale and has a listing price of 2,900,000. The property is located in the New Toronto neighbourhood. It's been on the website for 4 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 11
    Bathrooms
  • 7
    Parking Spaces
  • MLS ID: W11916464
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Property Description

Located on a quiet cul de sac, across the road from the Lake in New Toronto. A great investment opportunity in a well-managed and maintained 11-unit building, with six 2-bedroom units and five 1-bedroom units. There are 7 surface parking units, coin-op laundry, and separate hydro meters. Upgraded gas boiler and windows. High demands area, steps to transit, shops, school, parkland, and the Lake. Lots of upside. The property is being sold in conjunction with 6 Lake Shore Dr (six units) on MLS. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: W11916464
  • Bathrooms: 11
  • Price: $2,900,000
  • Transaction Types: For Sale
  • Ref ID: 27786934
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/07/2025 W11916464 $2,900,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Toronto
  • $1,630,233 Average List Price
    based on 1 year
  • 30 New Listings
    based on 30 days
  • 74 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.11 % Below
  • Sold (12mo) 86
  • Rented (12mo) 97

  • 1 Month Change -32.4%
  • 3 Month Change +11.8%
  • 6 Month Change -14.5%
Walkscore
  • 86 Walk Score
    Very Walkable
  • 64 Transit Score
    Good Transit
  • 87 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    74.17%
  • Commercial
    13.61%
  • Condo
    12.22%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Total Parking Spaces: 7
  • Property Features Conservation/green Belt
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 07/01/2025 00:00:00
  • Zoning Y
  • Agent Name: JIM TURNBULL
  • Last Updated: 10/01/2025 01:35:17
Open House Dates
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