154 Fifth Street, Toronto, ON M8V 2C7
  • $1,069,000

Overview

  • Detached, Style Bungalow
  • Type
  • 3
  • Bedrooms

Description

Welcome to a rare stunning detached home, ideally located just steps from Toronto’s waterfront, offering the perfect combination of lifestyle, location, and exceptional income potential.A Convenient access to the TTC streetcar and GO Transit makes commuting to downtown Toronto.Enjoy lakeside living surrounded by beautiful parks, waterfront trails, excellent schools, public transit, and the shops, restaurants, and amenities along Lake Shore Boulevard all while being just a short drive from downtown Toronto.Inside, the home features a bright and spacious open-concept main floor filled with natural light, with separate living and dining areas perfect for everyday living and entertaining.What truly sets this property apart is its rare oversized lot and incredible income potential.The fully finished basement features a separate side entrance, creating an excellentopportunity for additional rental income while maintaining your own private living space upstairs.The expansive, private, gated backyard offers plenty of room for entertaining and family enjoyment, featuring a large patio, hot tub, retractable swing, shed, and generous green space.With convenient laneway access, an already-poured concrete slab, and hydro hookup along the rear fence line, the property also offers the exciting opportunity for a Garden Suite, creating the potential for an additional living space and another source of income.Whether you’re a first-time buyer looking to help offset your mortgage, a family seeking more space, or an investor searching for a property with multiple income possibilities, this home delivers tremendous versatility and long-term potential.Steps from the lake, an oversized lot, a separate-entrance basement, and Garden Suite potential-this is much more than a home; it’s an opportunity to live, invest, and grow in Toronto.

  • Address: Fifth
  • City: Toronto W06
  • State/county: Toronto
  • Zip/Postal Code: M8V 2C7
  • Area: New Toronto

Details

Updated on September 29, 2026 at 6:54 pm
  • Price $1,069,000
  • Bedrooms 3
  • Type Detached, Style Bungalow
  • Property Status Residential Freehold

Additional details

  • Square Footage 700-1100
  • Bedrooms 2
  • Bedrooms Plus 1
  • Kitchens 1
  • Total Kitchens 1
  • Heating Source Gas
  • Heating Fuel Forced Air
  • Air Conditioning Central Air
  • Front 32.03
  • Depth 118.32
  • Driveway Private
  • Parking Spaces 2
  • Total Parking Spaces 2
  • Pool None
  • Exterior Finish Brick
  • Property Orientation West
  • Sewers Sewer
  • Waterfront Indirect
  • Waterbody Name Lake Ontario
  • Cross Street Islington Ave. And Lake Shore Blvd W.
  • Taxes 4456.65
  • Tax Year 2025
  • Occupancy Owner
  • Courtesy of RE/MAX PREMIER INC.

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