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175B Lake Shore Drive

175B Lake Shore Drive

Toronto W06, ON

  • Vacant Land
  • 97 days on market
$1,299,000

*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

Walk Score is unavailable for this address right now.

Mortgage Calculator

$259,800

Estimated Monthly Payment

$6,382

Land transfer tax

Estimated land transfer tax$22,455

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.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Only Steps from the Lake and neighbourhood Beach!. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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