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Offered on the market for the very first time, this rare property on Lake Shore Drive presents a historic, once-in-a-generation opportunity for luxury builders, premium investors, and families seeking their ultimate forever home. Built by the original owners and proudly held by a single family across decades, this premium parcel serves as an elite blank slate to construct an architectural masterpiece boasting breathtaking, unobstructed views of Lake Ontario. Situated in one of the area's most prestigious waterfront corridors, the location offers an unparalleled lifestyle. Step directly onto the Etobicoke Waterfront Trail for peaceful morning walks, or take a short stroll to Twelfth Street Parkette and the lush greenspaces of nearby Elizondo Point. This incredible location places you just steps away from Rotary Park and Colonel Samuel Smith Park, offering a vibrant, year-round outdoor lifestyle complete with swimming, tennis, and an iconic outdoor skating trail. Beyond the relaxed, resort-like shoreline atmosphere, the property offers superb practical convenience with fast access to major highways and transit options for an effortless commute. This exceptional lot pairs tranquil, prestigious living with an unmatched neighborhood profile, making it the perfect foundation to plant deep roots, write your own family history, and build a spectacular legacy home to be treasured for generations to come. (Potential For Additional Parking)