Bright & Spacious Corner Suite. Two Bedroom Apartment In Well Maintained Co-Op Building. Large Living And Dining Room With Hardwood Floors and Walk-Out To Beautiful Long Balcony. Kitchen Has Granite Counters, Stainless Steel Appliances and Ceramic Backsplash. Large Primary Bedroom With Walk In Closet. Lake Views From Bedrooms. Quiet Lakefront Building. Exclusive Use Underground Parking. Exclusive Use Locker. Maintenance Fee Includes Property Taxes, Heat, Hydro, Water and Building Insurance. *Dogs Are Not Permitted. Must Be Owner Occupied Only, No Rentals. Building Has Shared Laundry Room (Coin Operated). Excellent Location - Steps To Transit, Schools, Parks, & Shops.
2 bedrooms, 1 bathroom, about 800 sq ft, works out to roughly $599 per square foot. Chat with Zara if you'd like a deeper read on whether this co-op fits your budget and timing.
Inside 41 Lake Shore Dr #502
Every detail from the listing, in one place.
Type
Co-op
Style
Apartment
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Co-op Apartment
41 Lake Shore Dr #502 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,353
/mo
based on the purchase price of $479,000
$95,800 cash
$383,200 financed
$322,755 total interest
Principal54%$383,200
Interest46%$322,755
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.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $479K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,493Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale at 41 Lake Shore Dr — plus its sale and lease history.
41 Lake Shore Dr #502 is listed at $479,000 (MLS® W13805534). Summitly updates the price as soon as the MLS® record changes.
Is $479,000 a good price for 41 Lake Shore Dr #502?
Summitly rates it Excellent Deal: the asking price is 10% or more below 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 41 Lake Shore Dr #502 changed?
Yes — it was first listed at $529,900 and is now $479,000, a drop of $50,900 (9.6%).
How many bedrooms and bathrooms does 41 Lake Shore Dr #502 have?
41 Lake Shore Dr #502 has 2 bedrooms and 1 bathroom, with about 800–899 square feet of living space. It is a co-op in Toronto.
Is 41 Lake Shore Dr #502 close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 2.1 km in a straight line. Long Branch GO Station is about 3.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 41 Lake Shore Dr #502?
About $2,353 a month — principal and interest on $479,000 with 20% down ($95,800), 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 41 Lake Shore Dr #502 compare with other homes in Toronto?
Its asking price of $479,000 is about 43% below the median sold price in Toronto over the last 90 days, $840,000, across 9,067 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 41 Lake Shore Dr #502 been sold before?
Summitly has no earlier MLS® sale or lease of 41 Lake Shore Dr #502 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 41 Lake Shore Dr #502?
41 Lake Shore Dr #502 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 41 Lake Shore Dr #502 been on the market?
41 days — 41 Lake Shore Dr #502 was listed on September 19, 2026.
What is the price per square foot of 41 Lake Shore Dr #502?
About $533 to $599 per square foot: the asking price of $479,000 over the 800–899 sq ft the listing gives as its size range.
Does 41 Lake Shore Dr #502 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
