Maintenance Fees
The Palace Pier Condos vs The Mimico Area
for sale
39 Days on Strata
- Est Sell Timeframe:
- 22 Days
202 - 2045 Lake Shore Blvd W
$659,000
1 Bed
1 Bath
1 Parking
920 SQFT
Price History
- Maintenance Fees:
- $1,143/mth
- Taxes:
- $2,164 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $716/sqft
- Outdoor Space:
- Balcony
- Locker:
- Exclusive
- Possession Date:
- Oct 24
- Exposure:
- South East
Amenities
Car Wash
Community BBQ
Concierge
Elevator
Guest Suites
Gym
About this Listing
Welcome to Suite 202 at the prestigious Palace Pier. Located in the coveted Humber Bay Shores, this spacious South facing unit offers you peace and tranquility, with a sun filled Balcony for the perfect morning breakfast or summer night dinner. This completely and tastefully renovated 920 Sq Ft One Bedroom, One Bath Suite With Its Gallery Entrance, Expansive Open Concept Living And Dining Room walk out to the Balcony with Floor-To-Ceiling Windows is Perfect for Entertaining. Hardwood Flooring throughout, Stainless Steel Appliances and quartz kitchen countertops. Comes With an Owned Parking Spot and one Locker. Easy Access To Waterfront Boardwalk, Bloor West Village, Mimico, High Park, Kingsway Shops, Gardiner Expressway, QEW, 427, and Downtown Via Private Shuttle Bus to Union Station. Condo fees include all utilities (Parking, hydro, heat, cable and internet). Amenities include 24-hour Concierge, Valet Service, A Restaurant, Tennis Court, Sports Simulator, Indoor Salt Water Pool, Gym, Children's Play Room, Spa, Guest Suites, BBQ Area, Car Wash Area, Library, Squash, Fitness Centre, Social Events Room, and Lots More! Your dream home of lakeside luxury living where elegance meets convenience, serenity and sophistication. Look no further, a hassle-free, all inclusive five star resort like home awaits.
cityscape real estate ltd.MLS® #W12459234
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Dining
- 26.22 x 16.41ft
- Combined with Living, hardwood floor
- Living
- 26.22 x 16.41ft
- Combined with Dining, hardwood floor, Walkout To Balcony
- Kitchen
- 13.22 x 7.91ft
- Built-in Appliances, Corian Counter, Tile Floor
- Primary
- 15.03 x 9.61ft
- 4 Piece Ensuite, Walk-in Closet, Large Window
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Map
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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.
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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
Household Income
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%
Building Trends At The Palace Pier Condos
Days on Strata
Units at The Palace Pier Condos spend an average of
38
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
16.1
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
40th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
17
Units were Sold over the past twelve months
Rented Units
14
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
?
Market Insights
Transaction Insights at The Palace Pier Condos
| 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $540,000 - $695,000 | $746,000 - $1,105,000 | $1,102,000 - $1,112,000 | $1,340,000 - $1,450,000 | $1,785,000 |
| Avg. Cost Per Sqft | $621 | $641 | $788 | $601 | $562 |
| Price Range | $2,800 - $2,850 | $3,550 - $4,700 | $3,950 | $6,400 | No Data |
| Avg. Wait for Unit Availability | 203 Days | 38 Days | 691 Days | 71 Days | 199 Days |
| Avg. Wait for Unit Availability | 343 Days | 77 Days | 748 Days | 367 Days | 236 Days |
| Ratio of Units in Building | 14% | 52% | 4% | 19% | 13% |
Market Inventory
Total number of units listed and sold in Mimico
