$538,800Asking Price
#501 - 41 Lake Shore Drive, Toronto, ON M8V 1Z3 #501
New Toronto, Toronto
Welcome to 41 Lake Shore Drive #501, a fully renovated, oversized one-bedroom suite in a boutique waterfront building! Flooded with natural light, this thoughtfully designed unit blends modern style with premium finishes. The spacious living and dining area features Century Architecture Distillery painted brick veneer accent wall, SONOpanX insulation, wide plank engineered hardwood floors, LED pot lights, custom cabinetry and new GEM Aluminum patio doors and windows. The gourmet kitchen is a home cook's dream, boasting custom Elisabeth Ashley cabinetry, butcher block counters, a Blanco Ikon farmhouse sink with gold Crue pull-down faucet, stainless steel appliances and a classic white subway tile backsplash. Large primary bedroom featuring a massive window with automatic Zebra blinds, a shiplap accent wall with SONOpanX insulation, a double closet, modern ceiling fan and wide-plank floors. The spa-like 4 piece bathroom showcases a Rubix skirted tub, Zen tap vanity, Zip 3-way shower with thermostatic valve, stylish hexagon flooring and a MAXX Incognito shower door. Additional upgrades include new solid wood interior doors and hardware, new light fixtures, a new breaker panel and a fresh neutral palette. 31.5' x 5'4" private balcony, perfect for relaxing and entertaining. One underground parking spot and one locker included. This well-managed building offers a common waterfront BBQ area w/ breathtaking lake views, watersports storage, w/maintenance fees covering property taxes, heat, hydro, water & more. Nestled in the heart of New Toronto, steps from Prince of Wales Park, Lake Ontario and the waterfront trail, this vibrant neighbourhood offers unbeatable access to nature, rec and city conveniences. Enjoy nearby trendy shops and restaurants including local favourites like Teos Bakery, Cellar Door, Kitchen on Sixth, The Sydney Grind and Funny Bones Games Lounge with convenient transit options at your doorstep. Incredible value in a highly sought-after lakeside location!
Welcome to 41 Lake Shore Drive #501, a fully renovated, oversized one-bedroom suite in a boutique waterfront building! Flooded with natural light, this thoughtfully designed unit blends modern style with premium finishes. The spacious living and dining area features Century Architecture Distillery painted brick veneer accent wall, SONOpanX insulation, wide plank engineered hardwood floors, LED pot lights, custom cabinetry and new GEM Aluminum patio doors and windows. The gourmet kitchen is a home cook's dream, boasting custom Elisabeth Ashley cabinetry, butcher block counters, a Blanco Ikon farmhouse sink with gold Crue pull-down faucet, stainless steel appliances and a classic white subway tile backsplash. Large primary bedroom featuring a massive window with automatic Zebra blinds, a shiplap accent wall with SONOpanX insulation, a double closet, modern ceiling fan and wide-plank floors. The spa-like 4 piece bathroom showcases a Rubix skirted tub, Zen tap vanity, Zip 3-way shower with thermostatic valve, stylish hexagon flooring and a MAXX Incognito shower door. Additional upgrades include new solid wood interior doors and hardware, new light fixtures, a new breaker panel and a fresh neutral palette. 31.5' x 5'4" private balcony, perfect for relaxing and entertaining. One underground parking spot and one locker included. This well-managed building offers a common waterfront BBQ area w/ breathtaking lake views, watersports storage, w/maintenance fees covering property taxes, heat, hydro, water & more. Nestled in the heart of New Toronto, steps from Prince of Wales Park, Lake Ontario and the waterfront trail, this vibrant neighbourhood offers unbeatable access to nature, rec and city conveniences. Enjoy nearby trendy shops and restaurants including local favourites like Teos Bakery, Cellar Door, Kitchen on Sixth, The Sydney Grind and Funny Bones Games Lounge with convenient transit options at your doorstep. Incredible value in a highly sought-after lakeside location!
See MoreKey Info
- Apartment Co-Op
- 1 Parking
- Lake Shore Drive and Fourth Street
- 600-699 Approximate Sq Feet
- North-West Exposure
- Open Balcony
- No Ensuite Laundry
- Exclusive Locker #1
- Water Gas Heating
- No A/C
Property
- $806 Monthly Condo Fees
- Includes: Heat, Hydro, Water, Common Elements, Building Insurance, Parking.
- Excludes: Cable TV, Central A/C
- Taxes were $0 in 2025
- Possession: Open
Details
- Elevator
- Brick Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #0
- Condo Registry Office: NA
- MLS #W12058216
- RE/MAX PROFESSIONALS INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Main | 8.60' x 7.09' | Double Closet, Hardwood Floor, Overlooks Living |
| 2 | Kitchen | Main | 8.30' x 6.59' | Stainless Steel Appliances, Custom Counter, Pot Lights |
 | 1 4-Piece Bathroom on Main Floor | |||
Who lives here?
New Toronto, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of babies, youth aged 20 to 24, adults aged 40 to 44, 40 to 44, 40 to 44 and 40 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta (1.3)
Singles
57%
of residents are
single and loving it.
57% singles
Toronto (50%)Gta (45%)
Renters
58%
of residents
are renters.
58% renters
Toronto (47%)Gta (33%)
Education
39%
of residents are
university grads.
39% university grads
Toronto (48%)Gta (44%)
Income
Average Household Income
$95K
is the average household
income in the neighbourhood.
Gta ($135K)
Professions
Professions
| Sales | 16% |
| Business | 10% |
| Government | 9% |
| Trades | 8% |
| Management | 7% |
Immigrants
37%
of residents were
born outside of Canada.
37% immigrants
Toronto (48%)Gta (45%)
Birthplace - All
4.2% from Caribbean
All-time
Birthplace - Recent
0.6% from Philippines
Recent
Foreign Languages
Foreign Languages
| Polish | 5% |
| Tagalog | 3% |
| Spanish | 2% |
| French | 2% |
| Ukrainian | 2% |
Religions
Religions
| Christian | 66% |
| Muslim | 5% |
| Hindu | 3% |
| Buddhist | 1% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
2
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
