961 LAKESHORE ROAD W

The Land Speaks for Itself. A property of this scale rarely surfaces in Lorne Park. At 103 feet of prime frontage on Lakeshore Rd W, this oversized lot offers a genuine choice: build the landmark luxury estate this address deserves or pursue a boutique development play. In the meantime, the property works hard. Two detached homes - each on independent water, gas, and hydro meters - generate approximately $8,500/m in rental income, giving you a productive hold while you plan and permit. The infrastructure is already in place: an oversized two-car detached garage and an expansive driveway accommodating 10+ vehicles - rare utility for a lot of this calibre. The location needs little elaboration. Steps to the Lake Ontario waterfront and its trails. Walking distance to top-ranked schools. Minutes to Port Credit Village, the QEW, and GO Transit. Surrounded by custom residences in the multi-million-dollar range - the neighbourhood sets the ceiling high. Whether your vision is a private estate or a curated development, the fundamentals here are hard to replicate (id:67197)

Price

$1,549,900

Property Type

Single Family

Transaction Type

For sale

Bedrooms

8

Bathrooms

7

Parking

12

MLS® Number

W13721594

Interior Size

2500 - 3000 sqft

Ownership Type

Freehold

Building Type

House

Construction Style

Detached

Bedrooms Above Grade

6

Bedrooms Below Grade

2

Bathrooms

7

Basement

N/A (Finished), N/A

Basement Development

Finished

Cooling

Central air conditioning

Exterior Finish

Brick

Fireplace

Yes

Foundation

Concrete

Heating Fuel

Natural gas

Heating

Forced air

Interior Size

2500 - 3000 sqft

Stories

2

Water

Municipal water

Size Frontage

102 ft ,7 in

Size Depth

172 ft ,8 in

Acreage

No

Sewer

Sanitary sewer

• Irregular lot size

Ownership Type

Freehold