Maintenance Fees
The Palace Pier Condos vs The Mimico Area
for sale
29 Days on Strata
- Est Sell Timeframe:
- 22 Days
2904 - 2045 Lakeshore Blvd W
$1,375,000
3 Beds
3 Bath
2 Parking
2,777 SQFT
Price History
- Maintenance Fees:
- $3,105/mth
- Taxes:
- $5,693 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $495/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Now
- Exposure:
- North East
Amenities
Indoor Pool
Party Room
Guest Suites
Concierge
Gym
Visitor Parking
About this Listing
Luxury 5 Star Resort-Style Waterfront Living at Palace Pier. Welcome to the prestigious Palace Pier, perfectly situated at the SE corner of Lake Shore Blvd. W and Palace Pier Crt. This rarely available 2-level, 3-bedroom, 3-bath residence offers 2,777 sq. ft. of beautifully renovated living space, with two separate entrances, two balconies, side-by-side parking with a locker. Enjoy breathtaking views of Humber River, High Park. Custom-renovated open-concept kitchen features a wraparound quartz island, premium stainless-steel appliances (Jenn-Air fridge, induction cooktop, microwave/oven combo, 2nd Kitchen Aid fridge, dishwasher). Primary bedroom includes its own luxurious 6 pcs ensuite with soaker tub and glass-enclosed shower. Enhanced ceiling lighting, lighted stone feature walls, and hardwood-style laminate flooring throughout. Perfect for professionals returning to the city, families looking to upsize, or downsizers seeking uncompromising space and amenities-all in a secure, resort-style community. Steps to Humber Bay Shores waterfront boardwalk for cycling, jogging, cafés, waterfront dining. Palace Pier delivers unmatched luxury with Building Amenities: 24-hour concierge and security Valet parking & visitor valet Private Exclusive shuttle to downtown offices, no need for TTC or downtown parking Guest suites, car wash & EV charging stations Fine dining at Veloute, the exclusive on-site restaurant Full-service spa Convenience Store including dry cleaning Indoor saltwater pool, hot tub, sauna & fitness facilities (cardio, weights, yoga studio)Private Tennis court & squash courts, golf simulator, games room, putting green, billiard and table tennis, Library, media room, carpentry & arts studios Rooftop party room & deck BBQ and picnic areas Pet-friendly (with restrictions)Maintenance Fees Include: Building insurance, common elements, cable TV, central A/C, heat, hydro, water, and parking.
ExtrasMaintenance Fees Include: Building insurance, common elements, cable TV, central A/C, heat, hydro, water, and parking.
royal lepage signature realtyMLS® #W12482056
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Water
- Heat Source
- Other
- Air Conditioning Type
- Central Air
Dimensions
- Foyer
- 18.05 x 15.42ft
- Marble Floor, Double Closet, 2 Piece Bath
- Kitchen
- 17.59 x 12.01ft
- Marble Floor, Quartz Counter, Centre Island
- Dining
- 21 x 16.01ft
- Laminate, Walkout To Balcony, Large Window
- Living
- 25.92 x 12.96ft
- Laminate, Walkout To Balcony, Pot Lights
- Primary
- 24.31 x 19.59ft
- Laminate, Walkout To Balcony, 6 Piece Ensuite
- 2nd Bedroom
- 18.7 x 14.04ft
- Laminate, Walk-in Closet, Pot Lights
- 3rd Bedroom
- 13.12 x 8.53ft
- Laminate, Pot Lights, Combined Walkoutffice
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
