Toronto · Ward 03 · PRIVATE
245 Lake Shore Dr
Toronto, Ontario · postal area M8V · New Toronto
52 units · 8 storeys · built 1966 · managed by C/O METCAP LIVING MANAGEMENT INC.
LTB orders, Jan–June 2026
7Rent control
Likely rent-controlledFire code
0Investment (5 yrs)
no permits on file since Aug 2021Property standards
1Building facts
Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.
Inspection breakdown
Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.
Neighbourhood & getting around · New Toronto
What rents cost here · Etobicoke South zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,788 | $1,491 |
| 1-bedroom | $1,820 | $1,480 |
| 2-bedroom | $2,233 | $1,754 |
The gap is what moving costs: a vacant 2-bedroom rents about 27% above what sitting tenants pay. Only 7.6% of units changed tenants in the year to the survey. Vacancy rate: 2.7%. Average rents in this zone rose 3.3% over the year (same-structure sample) †. CMHC Rental Market Survey, October 2025.
Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.
Getting around
Distances from this buildingStops within 500 m: 0
Routes there: 110, 301, 507
Nearest subway: Kipling Station · 5.3 km
Nearest intersection: Lake Shore & Thirteenth · 601 m
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 38%
Renters in subsidized housing: 26.9%
Median household income: $68,500
Average household: 2.2 people
Median age: 40.4
Homes in 5+ storey buildings: 21.8%
Moved in the past year: 11.7%
Residents: 13,064
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Power House Recreation Centre 467 m · Ken Cox Community Centre 567 m
Libraries: New Toronto 542 m · Long Branch 1.8 km
Schools nearby
Distances from this buildingMiddle: Second Street Jr Mdl School · 1.3 km
Secondary (high school): Lakeshore Collegiate Institute · 1.1 km
Catholic elementary: St Josaphat Catholic Elementary School · 571 m
Catholic secondary: Father John Redmond Catholic Secondary School · 568 m
Score history
| Evaluation | Score |
|---|---|
| Sep 11, 2024 | 98 |
| Jul 23, 2026 | 98 |
Fire code violations
25 violation records since 2018 in Toronto Fire Services' high-rise inspection data; 0 currently open. Most frequent:
- /6.6.3.5. Records of Test (Fire Pump) (2)
- Maintenance of closures (2)
- Damaged fire separations (2)
Source: Toronto Fire Services residential inspection results, refreshed daily. A violation record is a finding at inspection time; open items are those without a recorded close date.
Landlord and Tenant Board orders
How to read these orders and codes →
| File | Application | Date | Order |
|---|---|---|---|
| LTB-L-028788-26 | L1 eviction application for rent arrears | Jun 19, 2026 | |
| LTB-L-024303-26 | L2 eviction application (other reasons) | Jun 2, 2026 | |
| LTB-L-006275-26 | L1 eviction application for rent arrears | Apr 15, 2026 | |
| LTB-L-008098-26 | L1 eviction application for rent arrears | Apr 9, 2026 | |
| LTB-L-102409-25 | L1 eviction application for rent arrears | Feb 23, 2026 | |
| LTB-L-091112-25 | L1 eviction application for rent arrears | Jan 26, 2026 | |
| LTB-L-098423-25 | L1 eviction application for rent arrears | Jan 13, 2026 |
Final orders published by Tribunals Ontario (Jan–June 2026 release). An order records the outcome of an application; a high count of L1 (arrears) filings reflects filing activity, not the state of the building. Orders with confidentiality directives are excluded at source.