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5 days on Market

116 Lake Shore Dr, Toronto, Ontario M8V 2A2

Detached
3 + 1
4
~1500-2000 sqft
$2,379,000
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Detached
3 + 1
4
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,388/sqft

Est. Mortgage$10,217/mo

Tax Amount (2024)$7,239/yr

Days On Market5 days


Description

This beautiful home in the lakeside community of New Toronto is perfectly situated on a sought-after street that runs right along the lake! The main floor boasts a formal living and dining room with elegant French doors, creating a refined atmosphere. The open concept eat-in kitchen, complete with granite counters, Gas stove and plenty of cabinetry overlooks the spacious family room. The grand family room boasts multiple skylights and a double-door walkout to the back deck which floods the room with natural light! Upstairs, you'll find 3 generously sized bedrooms. The primary suite is extra-large, with vaulted ceilings, a walk-in closet, and a luxurious 5-piece ensuite. The two additional bedrooms are bright and spacious, with views of the private backyard. Both upstairs bathrooms feature heated flooring! Enjoy the conveniently located washer and dryer on the second floor. The fully finished basement offers incredible space, with room for a bedroom, media room, and recreation area. It also features a rough-in for a kitchen and 2nd laundry room, perfect for creating a nanny suite, complete with a full 3-piece bathroom. Note the convenience of a separate inside entrance to the large garage! The backyard is a private oasis, perfect for BBQs, gardening, or simply relaxing while enjoying the serenity of the surroundings. This property is the ideal spot for summer entertaining! Located in a prime area, this home is just steps from multiple parks, trails, shops, restaurants, public transit, schools, library, community centre and a marina! Easy access to highways makes it a quick commute to both Toronto airports and downtown Toronto. Don't miss the opportunity to live in this exceptional home!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,420 SqFt(115 x 38.44)
Parking Spaces4
MLS ®NumberW12072853
Community NameMimico
Data SourceTRREB
Listing byRE/MAX PROFESSIONALS INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Sep Entrance, Finished

Main Floor

Living

6.37 x 6.37

hardwood floor / Picture Window / Gas Fireplace

Dining

3.32 x 2.95

hardwood floor / Window / O/Looks Living

Kitchen

2.77 x 3.38

Slate Flooring / Granite Counter / O/Looks Family

Breakfast

6.37 x 6.37

hardwood floor / Skylight / Combined W/Kitchen


Features

Lot size: 4,420 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 3

Total parking spaces 4


Property History

Apr 9, 2025
ListedActive
$2,379,000
5 days on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX PROFESSIONALS INC., Brokerage

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Market Data - Mimico

Geo Zone Map ThumbnailMimico

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

18 days

2023

36 days

2022

14 days

New Listings

Past 30 days

32 listings

Compared to

2024

25 listings

2023

16 listings

2022

27 listings

Units sold

Past 30 days

11 units

Compared to

2024

17 units

2023

15 units

2022

21 units

Median Sold Price

Past 30 days

$1,260,000

Compared to

2024

$1,155,000

2023

$1,175,000

2022

$1,420,000


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

35 to 49
23%
20 to 34
23%
50 to 64
20%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget