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    1106 - 2045 Lake Shore Blvd W

    $1,160,0002 bds2 ba2 pk1,550 sqft
    10 Days on Strata
    Est Sell Timeframe:
    22 Days
    $1,160,000
    2 Beds
    2 Bath
    2 Parking
    1,550 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $1,999/mth

    Taxes:

    $3,941 (2024)

    Cost Per Sqft:

    $748/sqft

    Outdoor Space:

    None

    Locker:

    Exclusive

    Exposure:

    South West

    Possession Date:

    Immediately

    Laundry:

    Main

    Amenities

    Indoor Parking
    Visitor Parking
    Games Room
    Party Room
    Tennis Court
    Indoor Pool
    Rooftop Deck
    Squash Court
    Guest Suites
    Gym
    Concierge

    About this Listing

    This is an "Oh, WOW! breathtaking view. Blue water, blue sky, sailboats, parkland, Marine Parade Drive, unobstructed for your viewing pleasure. On a clear day, you can see the plumes of Niagara Falls rising into the air. Once you've marveled at the scenery, there's a beautifully appointed suite for your consideration. This 1,550 sq.ft. residence, welcomes you into the gallery entrance, perfect to display your art, or use your imagination to make it your own. The living room is spacious with panoramic floor to ceiling window and a solarium that overlooks eleven acres of manicured lawns and gardens. The dining room is adjacent and intimate, with ample space to entertain. The kitchen gleams with professional grade S/S appliances, a stainless steel deep Farmers sink and mirrored backsplash. Loads of cupboards with glass fronts, and plenty of drawers.You'll wake up to gorgeous sunrises in your spacious primary bedroom. Adjoining is your six piece ensuite, marble walk-in rain forest shower, double sinks and towel warmer. The second bedroom,/den/office, or maybe a nursery, is bright and cozy with a full closet. Second bathroom, 4 pc. with tub and shower. This is a must see suite in prestigious Palace Pier. Both are outstanding. Amenities are Sterling: Concierge, Valet Service, Top Security, Gourmet Restaurant, Private Shuttle to City, Guest Suites, Tennis Court, Sports Simulator, Children's Room, WiFi, Bell Fibe, Gourmet Shop, Gym, Pool, BBQ's, Executive Meeting Room, and so much more.

    ExtrasProfessional Grade Fridge, Stove, Microwave, Dishwasher, Washer/Dryer. All Window Covering (Roller Blinds). Upgraded Bleached Oak Flooring in Kitchen. Carpeting in principle rooms. Electrical has been updated as well as A/C.

    royal lepage real estate services ltd.MLS® #W12073343

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Fan Coil

    Room Dimensions

    Foyer

    Mirrored Walls, Carpet, Wainscoting

    18.93 x 4.59ft

    Kitchen

    Granite Counter, Stainless Steel Sink, Stainless Steel Appliances

    16.54 x 8.33ft

    Living

    Overlooks Water, Sw View, Windows Floor to Ceiling

    27.17 x 17.32ft

    Dining

    Combined with Living, L-Shaped Room, South View

    9.74 x 9.74ft

    Primary

    6 Piece Ensuite, Windows Floor to Ceiling, Overlooks Water

    15.81 x 11.16ft

    2nd Bedroom

    Sw View, Closet, Carpet

    12.11 x 9.91ft

    Solarium

    Combined with Living, Overlooks Water, Windows Floor to Ceiling

    5.74 x 5.25ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    5/10
    Walkability
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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
    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%


    Days on Strata

    Units at The Palace Pier Condos spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    16
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    43rd
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    12
    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 - $705,000$775,000 - $1,105,000$1,102,000$1,375,000 - $1,450,000$1,420,000
    Avg. Cost Per Sqft$641$626$767$654$537
    Avg. Wait for Unit Availability206 Days35 Days699 Days78 Days148 Days
    Ratio of Units in Building14%52%4%18%15%

    Market Inventory

    Total number of units listed and sold in Mimico


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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