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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,099,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Discover the pinnacle of luxury and urban convenience at Palace Pier, an iconic full-service residence situated on Toronto's stunning waterfront. Located on Lake Shore Blvd with close access to the Gardiner Expressway, this property offers seamless commuting alongside breathtaking views of Lake Ontario and Downtown Toronto. This fully renovated two-bedroom, three-bathroom condo has been meticulously designed with high-end finishes, including hardwood floors, a custom chefs kitchen with granite countertops, and stainless steel appliances. The open-concept living space is perfect for entertaining, while the expansive windows offer serene views of both sunrises and sunsets over the lake. Every detail of this home, from the modern custom bathrooms to the thoughtfully curated layout, redefines elegance and comfort. Palace Pier offers a wealth of world-class amenities, including an indoor pool, sauna, squash courts, basketball and tennis courts, a rooftop sundeck, a state-of-the-art fitness center, and wellness spa facilities. Residents also enjoy a billiards room, a library, and a gourmet on-site restaurant. Additional conveniences include executive meeting rooms, a party room, and beautifully manicured grounds, perfect for unwinding or exploring the nearby walking and biking trails along the waterfront. The building provides unparalleled services, such as a 24-hour concierge, valet parking, a complimentary shuttle to Union Station, a car wash, and guest suites for visitors. With an emphasis on luxury, comfort, and convenience, Palace Pier seamlessly blends Toronto's urban vibrancy with the tranquility of lakefront living.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2045 Lake Shore Boulevard W 1504, Toronto W06, ON M8V 2Z6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,099,999 in Toronto, the legal minimum down payment is $220,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,475 also applies, bringing the total estimated land transfer taxes to $36,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.