Re-listed 58 days ago

116 Lake Shore Dr, Toronto, Ontario M8V 2A2

Detached
3 + 1
4
~1500-2000 sqft
$•••,•••
$1,989,000
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Detached
3 + 1
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market58 days

Total days on market
115 days

Estimated valueNot available

Price/Sqft$1,160/sqft

Monthly cost

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CMA Subject Property

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+7

Properties sold*

$1.4M

Median sold price*

*Based on last 30 days

Description

This beautiful home in the lakeside community of New Toronto is perfectly situated on a sought-after quiet 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 across the street from the Lake, 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!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,420 SqFt(115 x 38.44)
Parking Spaces4
MLS ®NumberW12196059
Community NameMimico
Data SourceTRREB
Listing byRE/MAX PROFESSIONALS INC.

Features

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

Main Floor

Foyer

2.8 x 5.36

Ceramic Floor / Closet / Pot Lights

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


Features

Lot size: 4,420 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 3

Total parking spaces 4


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
58 days on market
history photo preview48
Listing by trreb®

Market Data - Mimico

Geo Zone Map ThumbnailMimico

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2024

17 days

2023

7 days

2022

10 days

New Listings

Past 30 days

34 listings

Compared to

2024

26 listings

2023

25 listings

2022

18 listings

Units sold

Past 30 days

17 units

Compared to

2024

7 units

2023

7 units

2022

10 units

Median Sold Price

Past 30 days

$957,500

Compared to

2024

$1,418,300

2023

$1,310,000

2022

$1,167,500


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
23%
50 to 64
20%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget