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    for sale
    24 Days on Strata
    Est Sell Timeframe:
    22 Days

    2607 - 2045 Lake Shore Blvd W

    The Palace Pier Condos5.0
    $1,899,000
    3 Beds + 1
    3 Bath
    2 Parking
    3,000 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $3,696/mth
    Taxes:
    $7,895 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $633/sqft
    Outdoor Space:
    None
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    South

    Amenities

    Car Wash
    Concierge
    Gym
    Indoor Pool
    Squash Court
    Tennis Court

    About this Listing

    Waterfront Living at the prestigious Palace Pier. Amazing suite with spectacular panoramic lake & city views. Spacious & functional 3 bedroom + den layout with lots of sunlight and over 3,000sf of living space. Harwood & marble floors throughout. Locker included and 2 parking spaces conveniently located next to elevator. One of Toronto's finest lakefront addresses with many great amenities.

    ExtrasFridge, Oven, Micro, Cooktop, Dishwasher, Washer & Dryer. Window coverings & Light fixtures.

    crescent real estate inc.MLS® #W12484995

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Water
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    27.1 x 26.84ft
    Overlooks Water, South View, hardwood floor
    Dining
    27.1 x 26.84ft
    Overlooks Water, South View, hardwood floor
    Family
    15.88 x 11.39ft
    East View, hardwood floor
    Kitchen
    28.64 x 14.01ft
    East View, Eat-In Kitchen, Marble Floor
    Primary
    26.74 x 18.67ft
    Overlooks Water, South View, 6 Piece Ensuite
    2nd Bedroom
    18.67 x 10.14ft
    Overlooks Water, Sw View, hardwood floor
    3rd Bedroom
    18.67 x 10.07ft
    Overlooks Water, Sw View, hardwood floor
    Den
    10.83 x 8.01ft
    Overlooks Water, Walk-Thru, hardwood floor
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Mimico

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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.

    Mortgage Calculator

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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
    LOW
    chance 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 again

    Property 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 Bed2 Bed2 Bed + Den3 Bed3 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
    Avg. Wait for Unit Availability203 Days38 Days691 Days71 Days199 Days
    Ratio of Units in Building14%52%4%19%13%

    Market Inventory

    Total number of units listed and sold in Mimico