94 Lake Cres, Toronto - Detached Home

94 Lake Cres

LocationMimico, Toronto, M8V 1W1
$999.9K For Sale
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Description

Welcome to this custom-built two-storey home in Toronto's sought-after lakeside community of Mimico, offering 4 bedrooms, 4 bathrooms and timeless craftsmanship in every detail. Thoughtful design and quality materials enhance the warmth and elegance found throughout. A modern smooth stone and stucco exterior leads into an open-concept main floor, where the bright living room with its large south-facing window flows into the dining room overlooking the front yard. The custom kitchen is a chef's dream, featuring high-end cabinetry, granite counters and a full Jenn-Air suite, including a 36" 6-burner professional gas range with wall-mount hood, a 42" built-in pro fridge and freezer, a built-in dishwasher and a drawer microwave. It opens to a sunny breakfast area overlooking the backyard, while the cozy family room offers a Napoleon gas fireplace, built-in shelving, a custom wall unit and a walk-out to the patio, perfect for family gatherings and entertaining. Upstairs, the spacious primary bedroom features a private ensuite and mirrored closet, joined by three additional bedrooms with hardwood floors and large windows, one with a walk-in closet. The lower-level den makes an ideal home office, and an LG smart front-load washer and dryer and an owned tankless water heater add everyday convenience. Enjoy a welcoming neighbourhood feel close to Lake Ontario, waterfront trails, local parks and the shops and cafés along Lake Shore Blvd W, with convenient access to Mimico GO, TTC service, the QEW and Gardiner Expressway.

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 25.00 x 125.00 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 7073.00
  • MLS
    W14106988
  • Listing contracted with: RE/MAX ABOUTOWNE REALTY CORP.
Room Size(M) Description
Living Rm4.50x3.60

Dining Rm3.50x3.60

Kitchen4.80x4.00

Breakfast4.80x4.00

Family Rm4.80x4.20

Primary B4.80x4.00

2nd Br3.60x3.10

3rd Br3.60x2.50

4th Br3.60x2.50

Den2.00x2.30



Bathroom Pieces Level
1xBath2 pcs

Main

1xBath6 pcs

Second

1xBath5 pcs

Second

1xBath3 pcs

Basement



Property Summary

Located close to the intersection of Lake Cres & Royal York Rd, 94 Lake Cres is a 4+1 bedrooms 4 washrooms Detached. The property has many nice features including Carpet Free. Living Room Rm, Dinning Room Rm, Kitchen, Breakfast Room and Family Room Rm are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have increased 6.3% compared with the same period last year.

Rent levels have decreased 43.9% compared with the same period last year.

Recent Comparable Value Range
$1,230,000 – $1,640,000
Recent 6-Month Rent Range
$2,150 – $4,200/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
8 Days
Similar homes are selling in about 8 days, broadly in line with last year.
Price Position
30.3% Lower
The asking price is below the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes and apartments and condominiums. Approximately 52% of residents hold a bachelor's degree or higher, while about 25% have a college credential. Residents use a combination of driving and public transit for commuting.





School Information

  • elementary schools
    Second Street Junior Middle School (Grade:JK-8) 1409/3037
  • secondary schools
    Lakeshore Collegiate Institute (Grade:9-12) 634/739
  • elementary schools
    St. Leo Catholic School (Grade:JK-8) 893/3037
  • elementary schools
    St. Josaphat Catholic School (Grade:JK-8) 194/3046
  • elementary schools
    Second Street Junior Middle School (Grade:JK-8) 1409/3037


Commute Information

GTA Go Train Mimico Go Train Station (1.1km) - Free Parking available, parking lots: 221

Location





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