135 Lake Shore Drive
New Toronto, Toronto, M8V 2A1
FOR SALE
$2,595,000

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6 + 1
BEDROOMS5
BATHROOMS5
KITCHENS14 + 6
ROOMSW12754730
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Property Description
WATERFRONT Multiplex w/ 5 units - Overlooking Lake Ontario - This large purpose built building offers: approx. 2900 sq ft above grade plus 1000 sq ft mid grade - approx. 3900 sq ft of living space! 25ft of frontage on Lake Ontario, 2 car garage, 5 legal residential units (100% tenanted w/ 2 two-bedroom units on the street side & 3 one-bedroom plus den units overlooking Lake Ontario), 2 large balconies overlooking Lake, ground level terrace w/ walkout overlooking Lake, recent upgrades/renovations include concrete at main entrance '24, windows '23, electrical panels '23, EV charger '23, fire alarm upgrade '23, lockers '23, lower waterfront patio '21, roof & eaves 2019 & exterior railings '19. End user Potential to convert into a Modern Masterpiece! New Toronto on the Lake: Great shopping & restaurants, lakefront parks, public transit, lakefront trails... This is a rare offering w/ incredible views of Lake Ontario **EXTRAS** 5 Meters, 5 Fridges, 5 Stoves.
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Nearby Intersections
Property Features
Park, Library, Lake/Pond, Waterfront, Public Transit, None, Private Double, Not Applicable
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Property Details
Address
135 Lake Shore Drive
Community
City
Postal Code
M8V 2A1
Property Type
Multiplex, Multiplex
Lot Size
25' x 180'
Taxes
$10,186 (2025
Basement
Finished, Walk-Up
Heat Type
Other
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Built-In
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Listing contracted with Royal Lepage Real Estate Services Ltd.
Rarely offered Rosedale-Moore Park investment opportunity! This exceptional freehold commercial-residential property offers outstanding flexibility for end users, investors in one of Toronto's most desirable, walkable neighborhoods. The building comprises four updated units: one street-level commercial space (currently occupied by a busy veterinary clinic with excellent street exposure) and three residential suites above/below, offering varied layouts that support strong rental demand and stable tenancy. Separately metered for added efficiency and long-term flexibility. Ideal for an investor seeking reliable income, or a buyer looking to live in one unit while generating meaningful cash flow from the others. Parking for 3+ cars is a rare bonus in the area. Steps to Summerhill Market, parks, top schools, shops, TTC, and Bike Share-an iconic community that truly feels like an oasis in the city. Shows to perfection.
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Profitable and Unheard of 4.25% Cap Rate in Toronto for this 4-Suite Multiplex - Investor Purchase Or Live in One Suite and Let the Other Three Pay Your Mortgage! Turn-key investment in Toronto's rapidly transforming Keelesdale neighbourhood. This fully occupied residential fourplex is ideal for house-hackers or investors seeking immediate cash flow. Property Highlights: Four upgraded units: Three 2-bedroom, 1-bath + one oversized 1-bedroom, 1-bathModern finishes throughout: stainless steel appliances, laminate flooring, upgraded quartz counters & backsplashes. Strong rental income potential: The Four suites generate $8,500+ monthly gross in today's rental market. Separate entrances and low-maintenance ownership. Prime Location:Steps to TTC transit, shops, restaurants. Perfect for quality tenants and future appreciation in this up-and-coming west-end pocket. Whether you want to live in one unit rent-free or add a solid cash-flowing asset to your portfolio, this multiplex delivers and is ready for immediate ownership.
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65 Lakeview Avenue | Heritage character meets strong, stable returns. Set on one of the West End's most desirable, extra-wide tree-lined boulevards, 65 Lakeview Avenue presents a rare opportunity to own a piece of architectural history in a neighbourhood celebrated for its energy and pride of ownership. This stately semi-detached Victorian has been thoughtfully converted into five self-contained residential units (including updated kitchens and bathrooms), and is home to an excellent tenant mix generating over $112,000 in annual gross income. Each unit offers a distinct living experience, pairing historic charm with everyday functionality. The main level features two one-bedroom suites with soaring ceilings and preserved period details. The second and third floors include a bright rear one-bedroom and a standout two-storey, two-bedroom suite at the front with a spacious, loft-like feel. The lower level adds a large one-bedroom unit and houses the building's shared laundry area. The property also includes a detached garage with a long-term parking tenant. Just steps from Trinity Bellwoods Park, the boutiques and cafés of Dundas West, the Ossington strip and the restaurants of Little Italy, this is a location that consistently delivers. It's a true community - walkable, connected, and full of character. Whether you're seeking a turnkey investment or a long-term repositioning opportunity, 65 Lakeview offers dependable income today with meaningful upside tomorrow in a neighbourhood that continues to outperform.
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Multi-unit investment opportunity on a large 55 x 100 ft lot in the desirable residential neighbourhood of Oakwood Village, Steps to St Clair Ave W & Oakwood Ave. This detached two-storey building located on a quiet street contains five self-contained units-three above grade and two in the basement-offering strong income potential and future upside. The property also features five surface parking spaces. A solid, well-configured asset ideal for investors looking to expand their portfolio or explore long-term redevelopment and value-add possibilities.
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Turnkey investment opportunity in the heart of Mimico. This well-maintained multiplex consists of six renovated one-bedroom units generating premium rental income. High tenant demand supports a solid 4% cap rate with +$93,000 NOI.Shingles, trusses/soffits, eaves and chimney replaced in 2017.
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Corner-lot multiplex at the intersection of Clinton and Barton Ave, set on a 20 x 78 ft in the Annex. This property features 5+1 self-contained units with efficient one-bedroom and bachelor layouts, offering strong income potential (gross rental not including coin laundry is over $130k) and tenant appeal. The third-floor unit enjoys access to a large private rooftop terrace. Building improvements include a new flat roof (2 years old), waterproofed basement, furnace replaced 5 years ago, and upgraded city water line to a full 1-inch service. Tenants benefit from shared coin-operated Maytag laundry machines on site. An investment opportunity with solid fundamentals and thoughtful updates in a highly desirable neighbourhood.
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Rarely does a downtown investment of this calibre come to market. Introducing 276-278 Crawford St - two side-by-side freehold multiplexes on an extraordinary combined 50-foot frontage on one of Toronto's most storied streets, in the heart of Trinity Bellwoods. Being sold together, these income-producing assets comprise 11 separate residential units, 2 laneway-fronting garages, and 5 parking spaces - a compelling blend of scale, stability, and long-term upside in a location where demand rarely lets up. This is the kind of asset sophisticated investors wait for: best-in-class residential income in one of the city's most coveted neighbourhoods, steps from Trinity Bellwoods Park, Ossington's celebrated retail corridor, and the restaurants and energy of Little Italy. A proven address, top-tier tenancy appeal, and irreplaceable urban positioning make this a rare opportunity to secure a meaningful foothold in prime downtown Toronto. In a market where true trophy multiplexes are few and far between, Crawford doesn't just check boxes - it sets the bar.
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