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For Sale

182 Lakeshore Drive

New Toronto, Toronto, ON
$988,800
3Bd
2Ba
1,300+sqft
1Parking
27.54 x 120.09 ftlot
$761/sqft
DetachedMLS# W13247700Listed 2026-06-0519 DOM
Basement
Unfinished

About this home

Offered on the market for the very first time, this rare property on Lake Shore Drive presents a historic, once-in-a-generation opportunity for luxury builders, premium investors, and families seeking their ultimate forever home. Built by the original owners and proudly held by a single family across decades, this premium parcel serves as an elite blank slate to construct an architectural masterpiece boasting breathtaking, unobstructed views of Lake Ontario.Situated in one of the area's most prestigious waterfront corridors, the location offers an unparalleled lifestyle. Step directly onto the Etobicoke Waterfront Trail for peaceful morning walks, or take a short stroll to Twelfth Street Parkette and the lush greenspaces of nearby Elizondo Point. This incredible location places you just steps away from Rotary Park and Colonel Samuel Smith Park, offering a vibrant, year-round outdoor lifestyle complete with swimming, tennis, and an iconic outdoor skating trail.Beyond the relaxed, resort-like shoreline atmosphere, the property offers superb practical convenience with fast access to major highways and transit options for an effortless commute. This exceptional lot pairs tranquil, prestigious living with an unmatched neighborhood profile, making it the perfect foundation to plant deep roots, write your own family history, and build a spectacular legacy home to be treasured for generations to come.

Waterfront

Rooms

Main Floor
Family Room5.16 × 2.99 m
Kitchen3.10 × 2.77 m
Bedroom 23.55 × 5.98 m
Second Floor
Primary Bedroom4.18 × 3.64 m
Bedroom 33.77 × 3.64 m
Basement
Recreation3.67 × 6.37 m
Utility Room7.40 × 6.37 m

Features

  • Other
  • Unfinished
  • None
  • 1 1/2 Storey

Financials

Annual Taxes
$4,268

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield3.9% – 5.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market19 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 17.5% below estimate
Estimated range
$1.11M$1.29M
Mid-point $1.20M · ~$922/sqft
How this listing compares
$1.11MList · $989K$1.29M
Medium confidence·Based on 13 new toronto comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$988,800
182 Lakeshore Drive, Toronto
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