Residentiae.
For Sale · Toronto

245 LAKELAND CRESCENT

Toronto · L4E3A6

$2,749,000

5Bedrooms
3Bathrooms
4Parking
2,500Sq Ft
2Storeys

About this residence

Cottage Living in the City**This exquisite 2.5 storey waterfront property nestles on the pristine shores of Lake Wilcox, offering direct access to fishing, boating, and water sports. This lakeside property is just steps from Yonge Street, scenic walking trails, parks, and the community centre, it perfectly blends natural beauty with urban convenience.Featuring 4 plus 1 spacious bedrooms and 3 luxurious full bathrooms, this meticulously designed residence showcases timeless craftsmanship and elegant finishes throughout. Gleaming hardwood floors and a cozy gas fireplace grace every level, creating an inviting and warm ambiance. The lower level boasts a private office, a laundry room and a fully finished in law apartment, ideal for multigenerational living or hosting guests with privacy and style.The main floor impresses with a chef inspired kitchen featuring custom cabinetry, granite countertops, a double oven, and premium stainless steel appliances. The open concept dining and family areas maximize stunning lake views, inviting natural light to fill the space. Step outside to a lakeside deck with a remote controlled retractable screen and heater, perfect for year round entertaining.The expansive lower deck offers lounge seating, a gas fire table, and a bespoke outdoor bar designed for memorable gatherings and relaxing evenings. Professionally landscaped grounds with ambient lighting and a heated workshop complete this exceptional backyard oasis.Upstairs, retreat to the elegant master suite featuring a generous walk in closet and spa inspired ensuite with double vanity, walk in shower, and a luxurious soaker tub. Enjoy breathtaking panoramic lake views from your private upper deck, a perfect sanctuary to unwind.This rare waterfront property marries refined cottage charm with sophisticated city living, offering an unparalleled lifestyle of comfort, elegance, and unforgettable lakefront experiences. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
5 (4 above, 1 below)
Bathrooms
3
Storeys
2
Living area
2,500–3,000 sq ft
Lot size
45 x 160 FT
Frontage
45 feet
Parking
4 spaces
Fireplace
Yes
Annual tax
$10,098
MLS®
N13125234
Board
Toronto
Status
Active
Listed
May 13, 2026
Updated
May 13, 2026

Room dimensions

RoomLevelDimensions
OfficeLower level3.29 × 2.69 m
Primary BedroomUpper Level8.6 × 4.45 m
OtherLower level4.45 × 2.73 m
FoyerLower level5.06 × 4.01 m
Laundry roomLower level3.62 × 2.68 m
Dining roomMain level3.23 × 2.61 m
KitchenMain level4.69 × 3.24 m
Family roomMain level6.73 × 5.37 m
Bedroom 2Main level6.68 × 2.75 m
Bedroom 3Main level3.76 × 2.63 m
Bedroom 4Main level2.73 × 4.45 m

Features & finishes

Appliances

  • Window Coverings
  • Central Vacuum

Heating

  • Forced air
  • Natural gas

Cooling

  • Central air conditioning

Basement

  • Finished
  • Apartment in basement

Exterior

  • Brick

Foundation

  • Concrete

Parking

  • No Garage

Lot

  • Conservation/green belt

Sewer & Utilities

  • Sanitary sewer
  • Electricity

Views

  • Direct Water View

Financing

Mortgage calculator

Estimated monthly payment

$12,856/mo

Amortization

Loan amount

$2,199,200

Down payment

$549,800

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Toronto

About the area

Census · L4E
54,606
Population
40
Median age
$127,000
Median income
$1,300,000
Median home value
87%
Home ownership
35 min
Avg. commute

Age distribution

0–14
19%
15–24
14%
25–44
24%
45–64
32%
65+
11%

Tenure

87% owners13% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 245 LAKELAND CRESCENT?

245 LAKELAND CRESCENT is listed for $2,749,000, in Toronto.

How many bedrooms and bathrooms does 245 LAKELAND CRESCENT have?

It offers 5 bedrooms and 3 bathrooms.

What type of home is 245 LAKELAND CRESCENT?

245 LAKELAND CRESCENT is a Single Family, House set over 2 storeys.

How large is 245 LAKELAND CRESCENT?

The home offers approximately 2,500–3,000 sq ft of living space on a lot measuring 45 x 160 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $12,856. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $10,098 per year.

Is there parking?

Yes — 245 LAKELAND CRESCENT includes 4 parking spaces.

What is the Toronto area like?

Toronto has a population of about 54,606, a median age of 40, a 87% home-ownership rate, with an average commute of about 35 minutes.

What is the average home value in Toronto?

The median dwelling value in this area is approximately $1,300,000, based on census data via Neighbourly.

What is the median household income in Toronto?

The median household income in this area is approximately $127,000.

Private viewings

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