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    2103 - 2045 Lake Shore Blvd W

    For SaleThe Palace Pier Condos
    5.0
    $1,099,000
    2 Beds + 1
    2 Bath
    2 Parking
    1,550 SQFT
    5 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $1,954/mth
    Taxes:
    $3,941 (2024)
    Cost Per Sqft:
    $709/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Enclosed/Solarium
    Exposure:
    South East
    Possession Date:
    To Be Arranged
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Water

    Room Dimensions

    Kitchen
    Laminate, Quartz Counter, Ceramic Back Splash
    13.39 x 8.5ft
    Dining
    Carpet, Open Concept
    8.46 x 22.02ft
    Living
    Carpet, East View, Windows Floor to Ceiling
    8.46 x 22.02ft

    About this Listing

    Welcome to Unit 2103 at 2045 Lake Shore Blvd W, a stunning executive 2-bed, 2 bath residence in the prestigious Palace Pier condominium featuring 2 conveniently located parking spots near the building entrance and a spacious locker. Spanning 1,550 sf, this exquisite home offers luxury and breathtaking views of Lake Ontario and the Toronto Skyline through dramatic floor-to-ceiling windows. The chef's dream gourmet kitchen showcases exceptional craftsmanship featuring upgraded cabinetry, quartz countertops, ceramic backsplash, under-valance lighting, this kitchen is as functional as it is stylish. The expansive living and dining areas seamlessly blend with a cozy sitting area and solarium, all designed to maximize the unit's stunning views. A large den provides the flexibility to be used as a potential third bedroom or home office. Retreat to the gorgeous primary bedroom which features a spacious walk-in closet and floor to ceiling windows framing the city skyline. The luxurious 5-piece ensuite is designed for relaxation with a deep soaker tub, a frameless glass shower, a large vanity with full mirror and elegant ceramic floors and walls. The second bedroom also impresses with its mirrored double closet and floor-to ceiling windows capturing Toronto's breathtaking views. Additional highlights include a large walk-in pantry for ample storage and a beautifully appointed main bathroom with an oversized glass shower. Palace Pier offers world-class amenities including a gym, indoor swimming pool and saunas, tennis and squash courts, golf simulator, wellness spa, billiard room, craft room, kids' playroom, library, party room, meeting room, concierge service, valet parking, a car wash area, games room, putting green, guest suites and complimentary shuttle bus service. Experience the epitome of sophisticated lakeside living at Palace Pier-this exceptional residence is truly a rare find!

    re/max premier inc.MLS® #W12004361


    Amenities

    Squash Court
    Games Room
    Concierge
    Rooftop Deck
    Tennis Court
    Party Room

    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    The Palace Pier Condos vs The Mimico Area

    Days on Strata

    Units at The Palace Pier Condos spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    16.2
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    48th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    The Palace Pier Condos offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    The Palace Pier Condos has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    The Palace Pier Condos yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    The Palace Pier Condos is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Transaction Insights at 2045 Lake Shore Boulevard W

    1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$540,000 - $705,000$775,000 - $1,150,000$750,000 - $1,102,000$1,375,000 - $2,300,000$1,420,000
    Avg. Cost Per Sqft$619$602$650$617$537
    Avg. Wait for Unit Availability199 Days35 Days587 Days80 Days142 Days
    Ratio of Units in Building14%52%4%18%15%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico