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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 $1,279,000 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.
Welcome to the prestigious Palace Pier, recipient of the "Condo of the Year" award, where luxury living meets resort-style amenities on Toronto's waterfront. This beautifully refreshed 1,550 sq ft residence offers an exceptional layout with 2 spacious bedrooms, 2 parking spots, and 1 locker.Designed for both comfort and entertaining, the expansive living and dining areas are filled with natural light from floor-to-ceiling windows showcasing breathtaking unobstructed views. Recent upgrades include new flooring throughout and elegant modern finishes. The renovated kitchen features quartz countertops, stainless steel appliances, and a sophisticated contemporary design.Enjoy a lifestyle unlike any other with world-class amenities and services including 24-hour concierge and valet, complimentary shuttle service, guest suites, convenience store, car wash, executive meeting room, and more.Indulge in exclusive wellness and recreation facilities featuring a private spa, indoor swimming pool, sauna, fitness and aerobics centre, tennis and squash courts, putting green, sports simulator, billiards room, games room, table tennis room, and children's indoor play area. Residents also enjoy access to a private gourmet restaurant and beautifully landscaped BBQ and entertaining spaces.Ideally located in the heart of Humber Bay Shores, steps to the waterfront, marinas, scenic trails, cafés, restaurants, and everyday essentials. Easy access to TTC, major highways, and only 15 minutes to downtown Toronto and Pearson Airport. Some photos/rooms may have been virtually staged or enhanced for illustrative purposes. Some photos/rooms may have been virtually staged or enhanced for illustrative purposes.
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Lake Access, Library, Marina, Park, Public Transit, Waterfront
Carpet Free, Primary Bedroom - Main Floor
Carbon Monoxide Detectors, Concierge/Security, Security Guard, Smoke Detector
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This could be the first listing for this address.
Data-driven valuation for 2045 Lake Shore Boulevard W 1607, Toronto, 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 $1,279,000 in Toronto, the legal minimum down payment is $255,800 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 $22,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,055 also applies, bringing the total estimated land transfer taxes to $44,110.
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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.