502 - 41 Lake Shore Drive, Toronto, ON M8V 1Z3
New Toronto, Toronto · Near Lakeshore & Islington · View map
About this home
Bright & Spacious Corner Suite. Two Bedroom Apartment In Well Maintained Co-Op Building. Large Living And Dining Room With Hardwood Floors and Walk-Out To Beautiful Long Balcony. Kitchen Has Granite Counters, Stainless Steel Appliances and Ceramic Backsplash. Large Primary Bedroom With Walk In Closet. Lake Views From Bedrooms. Quiet Lakefront Building. Exclusive Use Underground Parking. Exclusive Use Locker. Maintenance Fee Includes Property Taxes, Heat, Hydro, Water and Building Insurance. *Dogs Are Not Permitted. Must Be Owner Occupied Only, No Rentals. Building Has Shared Laundry Room (Coin Operated). Excellent Location - Steps To Transit, Schools, Parks, & Shops.
The home
- Type
- Co-op apartment
- Style
- Apartment
- Square footage
- 800-899 sq ft
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- North West
- Level
- 5
- Balcony
- Open
- Laundry
- Coin Operated, Shared
Ownership & fees
- Ownership
- Condominium
- POTL fee
- $1,089.50/mo
- Fee includes
- Common Elements, Condo Taxes, Heat, Hydro, Building Insurance, Parking, Water
- Complex
- N/A 0
- Property management
- Maryla Developments Limited
- Pets
- Allowed, with restrictions
- Locker
- Exclusive
- Security
- Security System
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Water
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate/tba
- Cross street
- Lakeshore & Islington
- Neighbourhood
- New Toronto
More
- Price per sq ft
- ~$528 (at 850 sq ft)
- MLS® number
- W13805534
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The home and its surroundings
- Carpet Free
- Lake/Pond
- Park
- Public Transit
- School
Included in the common-element (POTL) fee
- Common Elements
- Condo Taxes
- Heat
- Hydro
- Building Insurance
- Parking
- Water
Shared in the complex
- Visitor Parking
- Mortgage
- Property tax
- POTL fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
41 Lake Shore Drive, Toronto, ON M8V 1Z3
New Toronto, Toronto · Near Lakeshore & Islington
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Listing history for 41 Lake Shore Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 502 - 41 Lake Shore Drive
Answers come straight from this home’s MLS® listing.
How much is 502 - 41 Lake Shore Drive listed for, and what would it cost each month?
502 - 41 Lake Shore Drive is listed for $449,000. With 20% down ($89,800), the mortgage payment would be roughly $1,811 a month at 4.5% over 30 years. Add property tax and the common-element (POTL) fee and the estimate comes to about $3,181 a month, all in. That figure is an illustration, not a quote.
Is 502 - 41 Lake Shore Drive freehold or a condo, and is there a monthly fee?
502 - 41 Lake Shore Drive is a co-op apartment in New Toronto, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,089.50 a month. The listing says it covers common elements, condo taxes, heat, hydro, building insurance, parking, water. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 502 - 41 Lake Shore Drive have?
502 - 41 Lake Shore Drive has 2 bedrooms and 1 bathroom.
Does 502 - 41 Lake Shore Drive have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 502 - 41 Lake Shore Drive have a finished basement?
No. The listing shows no basement for this home.
What style of home is 502 - 41 Lake Shore Drive?
502 - 41 Lake Shore Drive is a co-op apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.
How big is 502 - 41 Lake Shore Drive?
The listing puts the home between 800 and 899 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 502 - 41 Lake Shore Drive heated and cooled?
Heating is water (gas). The listing does not show air conditioning.
Are pets allowed at 502 - 41 Lake Shore Drive?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 502 - 41 Lake Shore Drive?
502 - 41 Lake Shore Drive is in the New Toronto community of Toronto. The nearest main intersection is Lakeshore & Islington. The postal code is M8V 1Z3.
Is 502 - 41 Lake Shore Drive still for sale?
Yes. It is an active listing (MLS® W13805534). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 502 - 41 Lake Shore Drive asking?
Similar properties for sale nearby right now include 501 - 360 Ridelle Avenue at $479,000 (2 bed), 606 - 3233 Eglinton Avenue E at $520,000 (2+1 bed) and 308 - 5508 Yonge Street NE at $535,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 41 Lake Shore Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 502 - 41 Lake Shore Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the common-element (POTL) fee. For illustration only.