1361 St. Clair Ave is a home in Lakeshore, listed for $5,000,000. It has < 700 sq ft of living space.
1INVEST, BUILD, LIVE .
2The scale, setting, and infrastructure create an unmatched opportunity to design something exceptional while enjoying panoramic lake views and direct access to waterfront living.
3Imagine a modern lakefront residence with resort-style outdoor spaces, guest accommodations, private entertaining areas, or an intimate destination property catering to those seeking a luxury lakeside escape.
INVEST, BUILD, LIVE . This property is ready to make your dream of waterfront ownership come to life. Set along the shoreline in Belle River, 1361- St. Clair Avenue (also known by 1361 EDGEWATER, LAKESHORE) presents an exceptionally rare opportunity to own just under one acre of prime waterfront land with extraordinary future potential Zoned RW2-6. protected by a professionally restored shoreline reinforcement system reportedly exceeding one million dollars in improvements, the property features extensive rock stabilization and a gabion wall system designed to assist with ice-break protection while preserving the shoreline for years to come. Located within the growing municipality of Lakeshore, this unique property offers exciting zoning potential including country inn and small inn uses, creating endless possibilities for visionary buyers and investors alike. Whether you dream of building an extraordinary waterfront estate, luxury cottage retreat, boutique inn, executive wellness getaway, multi-generational family compound, or exploring multiplex waterfront development opportunities, this property provides a truly one-of-a-kind canvas. Large waterfront parcels with reinforced shoreline protection and flexible future potential are becoming increasingly rare across Ontario. The scale, setting, and infrastructure create an unmatched opportunity to design something exceptional while enjoying panoramic lake views and direct access to waterfront living. Imagine a modern lakefront residence with resort-style outdoor spaces, guest accommodations, private entertaining areas, or an intimate destination property catering to those seeking a luxury lakeside escape. The combination of location, lot size, shoreline investment, and development flexibility makes this a standout offering unlike anything else on the market. A rare chance to bring your ambition, vision, and lifestyle dreams to life on one of Southwestern Ontario's most unique waterfront properties.
works out to roughly $7,143 per square foot. Chat with Zara if you'd like a deeper read on whether this home fits your budget and timing.
Inside 1361 St. Clair Ave
Every detail from the listing, in one place.
Style
Other
Living space
< 700 sq ftas stated on the listing
Parking
10 spaces
Features & systems
Parking & garage
Parking spaces
10
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Other
1361 St. Clair Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13714310$5,000,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1361 St. Clair Ave Compares to the Lakeshore Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$24,563
/mo
based on the purchase price of $5,000,000
$1,000,000 cash
$4,000,000 financed
$3,369,050 total interest
Principal54%$4,000,000
Interest46%$3,369,050
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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
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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.
Keep looking near 1361 St. Clair Ave
Homes for sale in Lakeshore
Every active Lakeshore MLS® listing, updated all day.
Average days on market56Homes sold in about 56 days on average.
Sale-to-list ratio95.8%On average, homes sold below asking.
Active listings16Homes for sale here right now.
Based on 5 sales from Jul 18 – Oct 16, 2026. Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1361 St. Clair Ave
How much is 1361 St. Clair Ave listed for?
1361 St. Clair Ave is listed at $5,000,000 (MLS® X13714310). Summitly updates the price as soon as the MLS® record changes.
Is $5,000,000 a good price for 1361 St. Clair Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Lakeshore. 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 1361 St. Clair Ave changed?
No — 1361 St. Clair Ave is still listed at its original asking price of $5,000,000.
How many bedrooms and bathrooms does 1361 St. Clair Ave have?
1361 St. Clair Ave has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a home in Lakeshore.
How much would the monthly mortgage be on 1361 St. Clair Ave?
About $24,563 a month — principal and interest on $5,000,000 with 20% down ($1,000,000), 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 1361 St. Clair Ave compare with other homes in Lakeshore?
Its asking price of $5,000,000 is about 580% above the median sold price in Lakeshore over the last 90 days, $735,000, across 5 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 1361 St. Clair Ave been sold before?
Summitly has no earlier MLS® sale or lease of 1361 St. Clair Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1361 St. Clair Ave?
1361 St. Clair Ave is in Lakeshore, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1361 St. Clair Ave been on the market?
51 days — 1361 St. Clair Ave was listed on August 26, 2026.
What is the price per square foot of 1361 St. Clair Ave?
About $7,143 per square foot: the asking price of $5,000,000 over the 700 sq ft the listing gives.
Does 1361 St. Clair Ave have parking or a garage?
Yes — the listing gives 10 parking spaces.
What is the land transfer tax on 1361 St. Clair Ave?
About $111,475 in Ontario land transfer tax at the asking price of $5,000,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
