Welcome to 82 Fifth Street - Welcome to Life By the Lake! Massive Triplex with Private Drive, Tons of Parking and Detached Garage on One of New Toronto's Most Coveted Streets, South of Lakeshore! Steps to Lake, Shopping, Restaurants, Schools, Parks and Transit. Easy Access to Highways, Downtown and Airport. Home Offers Possibilities Galore: 2900 Square Feet of Finished Living Space Currently Set Up As 3 Self-Contained Units. Live In One Unit and Have Your Tenants Pay the Mortgage; Use As Multi-Generational Home; Convert Upper Levels into a Family Home with In-Law Suite or Income Generating Suite in the Basement; or Use Existing L-A-R-G-E Footprint and Renovate Into a Huge Single Family Home on this Friendly Street! Unit 1 Boasts High Ceilings, An Inviting Living Room Complete with Fireplace, Large Kitchen Overlooking Formal Dining Room, 2 Bedrooms (One with a Walk-Out to Gorgeous Backyard and Deck), 2 Bathrooms and A Below Grade Rec Room/Office That Could Be Used as a 3rd Bedroom. Tons of Storage. Unit 2 Also Has 2 Bedrooms and 2 Bathrooms, A Large, Eat-In Kitchen (With Skylight!), a Formal Dining Room (Could Be Used as 3rd Bedroom) and a Dedicated Living Room. A 2 Bedroom/1 Bathroom Basement Apartment with Separate Entrance Located at Rear of the Home. This Home Has Been Lovingly Owned and Maintained by the Same Family for More Than 4 Decades - and Is Awaiting Your Updates to Be Enjoyed for the Next 40 years!