
175B Lake Shore Drive
Toronto W06, ON
- Vacant Land
- 97 days on market
*Attention builders!* Severance Approved for this 75 x 150 foot lot to create two Lots of 37.5 x 150 Ft backing onto Rotary Peace Park and overlooking Lake Ontario! Only Steps from the Lake and neighbourhood Beach! Building Plans ready to build two 2,723 sq-ft homes with open concept main floor, 4 Bedrooms on 2nd level and a massive 3rd floor fully enclosed Roof Terrace overlooking Lake Ontario! Property is backing onto the park that can be accessed via a gate directly from the backyard! The opportunities are endless with this property offering a perfect open canvas to build two dream homes or lakeside retreat. Fantastic views of park and lake. Conveniently located close to an abundance of family amenities with waterfront trails and sports facilities including Rotary Peace Park, Beach and Outdoor Pool and Colonel Samuel Beach Park. Steps to the waterfront and a small beach. Just a few minutes drive to The QEW & GO Station. Close walking distance to affluent schools, shopping, restaurants, public transportation and so much more!
Listing Details
- Listed
- June 1, 2026
Price History
Listing history
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Property
- Lot Size
- 37.43 x 153.97 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
Location & Legal
- Cross Street
- Islington & Lake Shore Dive
- Zoning
- Residential
- Possession
- Flexible
- Occupancy
- Vacant
Included
- Inclusions
- Building plans, Survey
Schools
Elementary
- Seventh Street Junior School0.5 km
Public · Toronto DSB · 185 students
Grade 3 reading: 74% met the provincial standard
- The Holy Trinity Catholic School0.9 km
Catholic · Toronto CDSB · 625 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 69% met the provincial standard
- Second Street Junior Middle School1.1 km
Public · Toronto DSB · 560 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- Father John Redmond Catholic Secondary School0.8 km
Catholic · Toronto CDSB · 1160 students
Grade 10 literacy: 94% met the provincial standard
- Lakeshore Collegiate Institute1.3 km
Public · Toronto DSB · 650 students
Grade 10 literacy: 75% met the provincial standard
- Etobicoke School of the Arts4 km
Public · Toronto DSB · 825 students
Grade 10 literacy: 92% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M8V
- Population
- 44,144
- Private dwellings
- 24,434
- Median age
- 40
- Average household size
- 1.9
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto W06 · last 12 months
- Median sold price
- $775,000
- Homes sold
- 974
- Median days on market
- 24
- Sale-to-list price
- 97.8%
Based on 974 recorded sales of residential freehold properties in Toronto W06 over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
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Location
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Mortgage Calculator
$259,800
Estimated Monthly Payment
$6,382
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,382/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $325/mo
Estimates only. Consult a financial advisor.
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