Unit 501 — 41 Lake Shore Drive
New TorontoToronto, ONM8V 1Z3Near Lake Shore Drive and Fourth Street
- 1 bed
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
- Open houseDate TBDTime TBD
- Open houseDate TBDTime TBD
- Open houseDate TBDTime TBD
What this listing tells us
Stylish, spacious and completely turnkey, 41 Lake Shore Drive #501 is a fully renovated oversized one-bedroom suite in a beautifully maintained boutique co-op building right by the lake. This sun-filled home pairs modern design with quality craftsmanship, featuring wide-plank engineered hardwood floors, custom cabinetry, premium new windows and patio doors, designer accent walls, and a stunning kitchen with butcher block counters, farmhouse sink, stainless steel appliances and classic subway tile. The generous bedroom, beautifully updated bath, and oversized private balcony add to the appeal, while underground parking and a locker offer everyday convenience. Set in the heart of New Toronto, just steps to the waterfront trail, Prince of Wales Park, shops, cafés, restaurants and transit, the location is every bit as impressive as the suite itself. Even better, this well-run co-op offers outstanding value, with maintenance fees that include property taxes, heat, hydro, water and more - an important financial advantage making the overall monthly carrying costs highly competitive with many area condos - yet with a larger footprint and the added benefit of a beautifully updated unit, underground parking and locker, all at a price point that is increasingly difficult to find along the waterfront. For the buyer who values size, style, finishes and location, this is a standout opportunity. A rare opportunity to enjoy renovated lakeside living in an exceptional community.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Mar 26, 2026 | ListedCurrent | For sale | $449,000 | — | W12923846 | This page |
| Sep 25, 2025 | Previously listed | Exp | $488,000 | — | W12427235 | View |
| Apr 2, 2025 | Previously listed | Exp | $538,800 | — | W12058216 | View |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
2- Heating
- Water
- Air conditioning
- None
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Waterfront
- Park
- Marina
- Lake/Pond
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
How this home sits in the Toronto market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Toronto market right now
Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.
- Avg sold price$1,096,019Last 30 days
- Median sold price$858,781Middle of the market
- Days on market29 dAvg from list to close
- Closed last 30d6,978MLS® transactions
We'll get you into Unit 501 — 41 Lake Shore Drive — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 501 — 41 Lake Shore Drive and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is Unit 501 — 41 Lake Shore Drive listed for?
Unit 501 — 41 Lake Shore Drive is listed at $449,000 on the MLS® (listing W12923846). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does Unit 501 — 41 Lake Shore Drive have?
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.
