WATERFRONT Multiplex w/ 5 units - Overlooking Lake Ontario - This large purpose built building offers: approx. 2900 sq ft above grade plus 1000 sq ft mid grade - approx. 3900 sq ft of living space! 25ft of frontage on Lake Ontario, 2 car garage, 5 legal residential units (100% tenanted w/ 2 two-bedroom units on the street side & 3 one-bedroom plus den units overlooking Lake Ontario), 2 large balconies overlooking Lake, ground level terrace w/ walkout overlooking Lake, recent upgrades/renovations include concrete at main entrance '24, windows '23, electrical panels '23, EV charger '23, fire alarm upgrade '23, lockers '23, lower waterfront patio '21, roof & eaves 2019 & exterior railings '19. End user Potential to convert into a Modern Masterpiece! New Toronto on the Lake: Great shopping & restaurants, lakefront parks, public transit, lakefront trails... This is a rare offering w/ incredible views of Lake Ontario **EXTRAS** 5 Meters, 5 Fridges, 5 Stoves.
6 bedrooms, 5 bathrooms, about 2,500 sq ft, works out to roughly $999 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.Ask Zara a follow-up
Inside 135 Lake Shore Dr
Every detail from the listing, in one place.
Type
Multiplex
Style
Other
Living space
2500-3000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Finished, Walk-Up
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Finished · Walk-Up
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Multiplex
135 Lake Shore Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13883582$2,498,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 135 Lake Shore Dr Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$12,272
/mo
based on the purchase price of $2,498,000
$499,600 cash
$1,998,400 financed
$1,683,177 total interest
Principal54%$1,998,400
Interest46%$1,683,177
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Lake Shore Drive? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 135 Lake Shore Dr with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 135 Lake Shore Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 5–12 bed homes for sale in Toronto around $2.5M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4969.5%On average, homes sold at or above asking.
Active listings12,111Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 13 – Jul 12, 2026: prices up.
Based on 9,547 sales from Jul 12 – Oct 10, 2026 (6,503 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
135 Lake Shore Dr is listed at $2,498,000 (MLS® W13883582). Summitly updates the price as soon as the MLS® record changes.
Is $2,498,000 a good price for 135 Lake Shore Dr?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 135 Lake Shore Dr changed?
No — 135 Lake Shore Dr is still listed at its original asking price of $2,498,000.
How many bedrooms and bathrooms does 135 Lake Shore Dr have?
135 Lake Shore Dr has 6 bedrooms and 5 bathrooms, with about 2,500–3,000 square feet of living space. It is a multiplex in Toronto.
Is 135 Lake Shore Dr close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 2.5 km in a straight line. Long Branch GO Station is about 3.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 135 Lake Shore Dr?
About $12,272 a month — principal and interest on $2,498,000 with 20% down ($499,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 135 Lake Shore Dr compare with other homes in Toronto?
Its asking price of $2,498,000 is about 194% above the median sold price in Toronto over the last 90 days, $850,000, across 9,547 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 135 Lake Shore Dr been sold before?
Summitly has no earlier MLS® sale or lease of 135 Lake Shore Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 135 Lake Shore Dr?
135 Lake Shore Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 135 Lake Shore Dr been on the market?
1 day — 135 Lake Shore Dr was listed on October 9, 2026.
What is the price per square foot of 135 Lake Shore Dr?
About $833 to $999 per square foot: the asking price of $2,498,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 135 Lake Shore Dr have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
