Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,950,000 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.
Waterfront luxury reaches new heights at the prestigious Palace Pier. This spectacular, 4 bedroom residence in the coveted South Wing offers approximately 3,595 sq. ft. of exquisitely designed living space with breathtaking panoramic Lake Ontario, Toronto skyline, and western sunset views. Professionally designed and renovated by renowned designer Brian Gluckstein and featured on The Marilyn Denis Show, this one-of-a-kind suite. Every detail reflects timeless sophistication, from the extensive custom millwork, dental tooth mouldings, crown mouldings, and designer finishes throughout to the rich hardwood and marble floors. The expansive principal rooms are designed for elegant entertaining and luxurious everyday living, featuring a grand living room and formal dining room, each complete with its own fireplace.The gourmet centre island kitchen seamlessly blends style and functionality, while the private office with built-in shelving offers the perfect work-from-home retreat.The luxurious primary suite features a sitting area, spa-inspired ensuite, and walk-in closet, while one of the additional bedrooms has been transformed into an extraordinary custom walk-in dressing room. With 4 beautifully appointed bathrooms, ensuite laundry, 3 parking spaces, and locker included, this residence offers unmatched comfort and convenience. Enjoy resort-style waterfront living at one of Toronto's finest lakefront addresses with world-class amenities including valet service, car wash, visitor suites, tennis courts, indoor pool, gym, library, and more. An extraordinary opportunity to own a landmark residence with unmatched views, scale, and design.
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Data-driven valuation for 2045 Lake Shore Boulevard W 4107, 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 $1,950,000 in Toronto, the legal minimum down payment is $390,000 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 $35,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $35,475 also applies, bringing the total estimated land transfer taxes to $70,950.
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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.