Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

70 Lake Shore Drive, Toronto, ON M8V 1Z9

3 beds · 4 baths · 1 kitchen · 6+2 rooms · 5 parking spaces · 2000-2500 sq ft · Detached
$2,600,000
Property tax
$7,850 / year

Unobstructed lake views. An irreplaceable location. Timeless character. Modern living. Directly across from Cliff Lumsdon Park, this beautifully renovated home blends original charm with modern updates. A stunning second-floor addition features an impressive primary retreat with breathtaking lake views, also enjoyed from the living and dining rooms. Renovated chef's kitchen with separate butler's pantry and main-floor powder room. Finished lower level with rec room, wet bar, separate entrance and in-law potential. Rare private drive and double-car garage. Steps to waterfront parks and trails.Rare opportunity on an impressive 50-ft-wide corner lot offering exciting possibilities for buyers looking to explore alternative housing options. The property's generous frontage and RD zoning provide potential to explore a garden suite and possible lot severance. Existing detached double garage adds further possibilities. Any future development, severance or garden suite is subject to applicable zoning, City approvals and other requirements. Buyer to conduct their own independent due diligence with the City of Toronto regarding their intended use.Some homes can be renovated. A location like this can never be recreated.

MLS number
W13603696
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
4
Postal code
M8V 1Z9
Photos
48
50days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Seventh Street Junior School7.3 / 10
Elementary · Regular Track
TDSB boundary
Show on the map ↑Homes for sale inside it →
Lakeshore Collegiate Institute5.9 / 10
Secondary · Regular Track
TDSB boundary
Show on the map ↑Homes for sale inside it →
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Children's Urban Enrichment StudioElementary705 mNot reported
Second Street Junior Middle School
Toronto DSB
Elementary992 m6.9 / 10
69% met the standard
Toronto Imperial SchoolSecondary1.1 kmNot reported
Father John Redmond Catholic Secondary School
Toronto CDSB
Secondary1.1 km8.5 / 10
85% met the standard · 2 of 6 measures
The Holy Trinity Catholic School
Toronto CDSB
Elementary1.2 km8.2 / 10
82% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Toronto W06 — 513 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$1.03M$1.83M$2.63M20252026this home’s asking price
$1.12Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
98%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d10d21d20252026
14dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in toronto w06. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 607 people.

$127,000Median household income
78.4%Own their home
72.5%Detached houses
44.4Median age
18.2%Born outside Canada
48%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201558 — the few blocks around this address, home to 607 people. It describes the area, not this property.

607Population
42.1Average age
2.3Household size
$142,000Average household income
$127,000Median household income
78%Own their home
22%Rent
0%Condominiums
18%Born outside Canada
48%University degree
$1,130,000Average home value
5%Low income
45%Not in the labour force
27%Never married
$15,000 to $19,9991%
$20,000 to $24,9992%
$30,000 to $34,9992%
$35,000 to $39,9991%
$45,000 to $49,9992%
$50,000 to $59,9994%
$60,000 to $69,9992%
$70,000 to $79,9992%
$80,000 to $89,9991%
$90,000 to $99,9992%
$100,000 and over40%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,99910%
$200,000 and over14%

Percentages are of the 405 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$520,000 · minimum here is $520,000
$11,512.24per month
Borrowed before insurance$2,080,000
Total borrowed$2,080,000
Interest over 25 years at 4.5%$1,373,671

If you rented it out

-$12,166.40per month out of pocket
Rent$0.00
Everything it costs to hold$12,166.40
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — none currently in progress.

51 LAKE SHORE DR150 m
Closed · applied August 12, 2008

Original proposal to develop the property with (1) four storey townhouse block consisting of (7) freehold units. Proposal later revised to 6 semi-detached 4 storey dwelling units and one singe detached dwelling 4 storeys in height.

143 LAKE SHORE DR399 m
Closed · applied March 19, 2008

Demolition of existing single-family dwelling, and construction of a new 2-storey single-family dwelling.

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by SUTTON GROUP-ADMIRAL REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.