Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete block and concrete poured 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.
This expansive approx 3,247 sq. ft. residence on the 36th floor of the prestigious Palace Pier offers stunning lake and city skyline views! As you enter the unit with the double door entry you will notice the elegant foyer and corridors featuring classic wainscoting, while marble and porcelain flooring flow throughout the suite.The open-concept kitchen is designed for both style and function, showcasing a marble peninsula, striking marble feature wall, and backsplash overlooking the breakfast area and family room with a built-in wall unit and a view of the Toronto Skyline! The main living area was converted to a fabulous great room which is ideal for entertaining, complete with a dining area, built-in bar, custom electric fireplace, and a bright solarium with a Juliette balcony. Floor-to-ceiling windows with automated blinds fill the space with natural light and showcase breathtaking views of Lake Ontario! The primary suite offers two spacious walk-in closets, a private solarium with Juliette balcony overlooking the lake and west vie, a luxurious 5-piece ensuite, and a pop-up TV. The 2nd bedroom is currently used as an office/den. It was originally designed as a three-bedroom layout, two bedrooms have been transformed into a custom office/library with built-ins including 2 closets for hanging clothes and a fireplace, easily convertible back if desired. A truly exceptional home with a unique custom floor plan and refined, custom finishes throughout! Amenities include: Fitness and aerobics center, Restaurant, Club on 47th floor, media room, event kitchen stage for events, terraces, tennis court, putting green, squash courts, golf simulator Table tennis room billiards room Party Room, convenience store, spa, arts and crafts room, childrens playroom , 24 hour concierge, 18 hour valet service, hourly bus service to downtown 6 days a week, 7 guest suites, large indoor swimming pool with whirlpool and sauna, EV Chargers available for use, pets allowed with restrictions.
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Bar Fridge, Countertop Range, Guest Accommodations
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 Unit 3606, 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.