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OFFER:
Limited Time Offer | Enjoy One Month FREE on a 13-Month Lease!* *Pricing, availability, and incentives are subject to change. Conditions apply. Suite features may vary. Images and virtual tours may not reflect actual suite finishes. E. & O.E.
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| 1 Bedroom | 1 bed | 1 bath | 670 sqft | $1,899 /mo | |||
| 1 Bedroom | 1 bed | 1 bath | 625 sqft | $2,149 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 880 sqft | $2,449 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 870 sqft | $2,699 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 870 sqft | $2,775 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 870 sqft | $2,799 /mo | 1 unit available | ||
| 2 Bedroom | 2 bed | 1 bath | 870 sqft | $2,975 /mo | 1 unit available |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12 months |
|---|
Limited Time Offer | Enjoy One Month FREE on a 13-Month Lease!* Backing onto Lake Ontario, this rental community enjoys lakefront living. The large and beautiful Colonel Sam Smith Park surrounds the rental property. The area offers bike trails, playgrounds, the beach and Rotary Park pool. The yacht club is nearby for those who sail.
1-bedroom apartments here are priced 13% higher than 1-bedrooms in New Toronto.
If you decide to upgrade your space, you can expect 2-bedrooms at 245 Lakeshore Drive to be 11% more than the average for similarly sized apartments in New Toronto.
| Month | Median Rent |
|---|---|
| July 2024 | $1,950 |
| August 2024 | $1,948 |
| September 2024 | $1,907 |
| October 2024 | $1,898 |
| November 2024 | $1,899 |
| December 2024 | $1,899 |
| January 2025 | $1,887 |
| February 2025 | $1,853 |
| March 2025 | $1,862 |
| April 2025 | $1,856 |
| May 2025 | $1,842 |
| June 2025 | $1,806 |
| July 2025 | $1,800 |
| August 2025 | $1,800 |
| September 2025 | $1,799 |
| October 2025 | $1,798 |
| November 2025 | $1,768 |
| December 2025 | $1,750 |
| January 2026 | $1,741 |
| February 2026 | $1,709 |
| March 2026 | $1,700 |
| April 2026 | $1,700 |
| May 2026 | $1,706 |
| June 2026 | $1,722 |
| July 2026 | $1,745 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,750 |
| December 2024 | $1,762 |
| January 2025 | $1,750 |
| August 2025 | $1,681 |
| September 2025 | $1,681 |
| October 2025 | $1,684 |
| November 2025 | $1,692 |
| December 2025 | $1,695 |
| January 2026 | $1,695 |
| June 2026 | $1,550 |
Can I afford to live at 245 Lake Shore Dr?
Bedrooms
Rent-to-income ratio
30%
$80,960/yr
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Studio–3 Beds
$1,999–$3,995
Stonegate - Queensway • 20 Samuel Wood Way
Studio–2 Beds
$1,905–$3,030
Bay Street Corridor • 980 15 Assembly Lane
1–3 Beds
$2,700–$5,150
Davisville Village • 18 Brownlow Ave
Studio–2 Beds
$1,900–$3,425
Garden District • 40 Gerrard St E
Studio–1 Bed
$1,829–$2,249
Harbourfront • 370 Queens Quay W
1–3 Beds
$2,498–$3,457
