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    4404 - 2045 LAKESHORE Blvd W

    For SaleThe Palace Pier Condos
    $2,499,000
    3 Beds
    3 Bath
    2 Parking
    3,312 SQFT
    44 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $3,880/mth
    Taxes:
    $4,127 (2024)
    Cost Per Sqft:
    $755/sqft
    Locker:
    Owned
    Outdoor Space:
    Juliet Balcony
    Exposure:
    South
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Fireplace, Hardwood Floor, Built-in Bookcase
    26.58 x 26.74ft
    Dining
    Formal Room, Hardwood Floor, Wainscoting
    20.01 x 12.8ft
    Kitchen
    Centre Island, Built-in Appliances, Overlooks Water
    16.73 x 13.78ft

    About this Listing

    Experience urban elegance in this fully renovated luxury condo, perched on the 44th floor with stunning, unobstructed views of the lake & city skyline. This exquisite residence boasts 3 spacious bedrooms & 3 modern washrooms, a gourmet kitchen, a dedicated dining room, an expansive living room, & a solarium that invites natural light & panoramic vistas. As you step into the grand foyer, you'll be captivated by the generous storage & open space that this condo offers. A beautifully designed 2-piece washroom greets you off the entrance, adding a touch of sophistication. The heart of the home is the spectacular chefs kitchen, equipped with top-of-the-line Thermador appliances, making culinary adventures a delight. The adjacent full-size dining room is perfect for hosting elegant dinner parties while soaking in the breathtaking lake views.Unwind in the inviting living room, complete with a charming wood-burning fireplace, where the mesmerizing views of the lake and city create a serene atmosphere. This space serves as your personal oasis amidst the hustle & bustle of urban life.A cozy den area offers an ideal spot for cocktails or morning coffee, & it can easily transform into a stylish home office.The primary bedroom is a true retreat, featuring a serene reading nook, a walk-in closet, & a luxurious 6-piece ensuite bathroom. The additional two oversized bedrooms showcase double closets & captivating north river views.Conveniently located off the hallway, you'll find a well-appointed 4-piece bathroom & a laundry room complete with a sink & ample storage solutions.This condo is designed for comfort & convenience, featuring numerous storage options & an additional storage locker. Two parking spaces are available for your convenience.The building enhances your lifestyle with exceptional amenities, including valet parking, gym, tennis courts, a party room, pool & more.Dont miss the opportunity to make this stunning condo your new home where luxury meets breathtaking views!

    ExtrasPlease see Amenities list in Attachments

    sutton group quantum realty inc.MLS® #W9390844


    Amenities

    Rooftop Deck
    Squash Court
    Indoor Pool
    Party Room
    Indoor Parking
    Gym Room

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Maintenance Fees

    The Palace Pier Condos vs The Mimico Area

    Days on Strata

    Units at The Palace Pier Condos spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    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
    16.2
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    49th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    The Palace Pier Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    The Palace Pier Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    The Palace Pier Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    The Palace Pier Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 2045 Lake Shore Boulevard W

    1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$705,000$790,000 - $1,150,000$750,000 - $1,990,000$1,375,000 - $2,300,000$1,480,000
    Avg. Cost Per Sqft$644$661$617$661$460
    Avg. Wait for Unit Availability199 Days35 Days562 Days68 Days153 Days
    Ratio of Units in Building14%52%4%19%14%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico