Stylish, spacious and completely turnkey, 41 Lake Shore Drive #501 is a fully renovated oversized one-bedroom suite in a beautifully maintained boutique co-op building right by the lake. This sun-filled home pairs modern design with quality craftsmanship, featuring wide-plank engineered hardwood floors, custom cabinetry, premium new windows and patio doors, designer accent walls, and a stunning kitchen with butcher block counters, farmhouse sink, stainless steel appliances and classic subway tile. The generous bedroom, beautifully updated bath, and oversized private balcony add to the appeal, while underground parking and a locker offer everyday convenience. Set in the heart of New Toronto, just steps to the waterfront trail, Prince of Wales Park, shops, cafés, restaurants and transit, the location is every bit as impressive as the suite itself. Even better, this well-run co-op offers outstanding value, with maintenance fees that include property taxes, heat, hydro, water and more - an important financial advantage making the overall monthly carrying costs highly competitive with many area condos - yet with a larger footprint and the added benefit of a beautifully updated unit, underground parking and locker, all at a price point that is increasingly difficult to find along the waterfront. For the buyer who values size, style, finishes and location, this is a standout opportunity. A rare opportunity to enjoy renovated lakeside living in an exceptional community.
Address
501 - 41 Lake Shore Drive
List Price
$449,000
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Residential Condo & Other
Type of Dwelling
Co-op Apartment
Style of Home
Apartment
Transaction Type
Sale
Area
Toronto W06
Sub-Area
New Toronto
Region
Toronto
Bedrooms
1
Bedrooms (Total)
1
Rooms Above Grade
5
Bathrooms
1
Floor Area
600-699 Sq. Ft.
Square Foot Source
Floor Plan
Occupant Type
Owner
Cross Street
Lake Shore Drive and Fourth Street
Maint. Fee
$879.85
MLS® Number
W12923846
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Basement Area
None
Postal Code
M8V 1Z3
Posession Details
TBD
Parking Places (Total)
1
Tax Year
2026
Property Management Company
Maryla Developments Ltd.
Pets
Yes-with Restrictions
Site Influences
Lake/Pond, Marina, Park, Public Transit, School, Waterfront
Interior Features
Carpet Free, Storage, Storage Area Lockers
Property Features
Waterfront, Park, Marina, Lake/Pond, Public Transit, School
Central Vacuum
No
Family Room
No
Elevator
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Association Amenities
Community BBQ, Communal Waterfront Area, Bike Storage
Association Fee Includes
Heat Included, Hydro Included, Water Included, Building Insurance Included, Parking Included, Common Elements Included, Condo Taxes Included
Association Name
NA
Heat Source
Gas
Heat Type
Water
Cooling Features
None
Balcony Type
Open
Construction Materials
Brick Front
Exposure
North West
Fireplace
No
Garage
Yes
Garage Type
Underground
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Laundry Features
In Building, Coin Operated, Shared
Legal Level Number
5
Waterfront
No
Waterfront
Indirect
Water Body Name
Lake Ontario
Water Body Type
Lake
Locker
Exclusive
Locker Level
P1
Locker Unit
501
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 3.4 x 5.99 | Hardwood Floor, Pot Lights, W/O To Balcony |
| Main | Dining Room | 2.44 x 2.64 | B/I Shelves, Hardwood Floor, Pot Lights |
| Main | Kitchen | 2.24 x 2.13 | Custom Counter, Hardwood Floor, Pot Lights |
| Main | Bedroom | 3.45 x 3.73 | Double Closet, Hardwood Floor, Large Window |
