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For saleMLS® W13239204

175B Lake Shore Drive, Toronto, ON M8V 2A1

New Toronto · W06 · M8V 2A1

$1,299,000

5 months on market

Lot
37.43 × 153.97 ft

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About this property

*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

Property

Property type
vacant land
Lot size
37.43 × 153.97 ft
Zoning
Residential
Possession
Flexible

Interior

Exposure
South

Costs

List price
$1,299,000

Listing

MLS® number
W13239204
Status
For sale
Listed
June 4, 2026
Days on market
154
Last updated
June 4, 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 48% of comparable vacant land listings in Toronto are asking less.

$1Median $1.37M$6.55M

Based on 96 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $104,900
$104,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,602.38
Estimated monthly
$6,602

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,455
Toronto municipal
$22,455
Total due on closing
$44,910

An estimate on the asking price of $1,299,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,299,000

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Comparable sales nearby

What similar homes in this area actually sold for.

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