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New3 hours ago

2901 - 2045 Lake Shore Boulevard W

Mimico, Toronto

$1,999,000

Condo Apartment |
3 + 1 | 3 | 2 | 1
About this home

Experience elevated waterfront living in this stunning 3,257 sq. ft. residence in the coveted "01" suite at Palace Pier. Perched on the 29th floor, this beautifully renovated home offers breathtaking panoramic views of Lake Ontario, the waterfront, and the Toronto skyline from its expansive windows, creating an ever-changing backdrop from sunrise to sunset. Fully renovated in 2021, this exceptional residence showcases updated flooring and a redesigned kitchen, creating a sophisticated, contemporary living space. The expansive layout offers elegant principal rooms ideal for both entertaining and everyday living, with the open living and dining areas thoughtfully positioned to capture the spectacular waterfront views. The spacious primary suite serves as a private retreat, complete with a luxurious 5-piece, spa-inspired ensuite bathroom and generous closet space, providing the perfect place to unwind. Adding to the home's exceptional appeal are two private underground parking spaces. These spaces are thoughtfully set apart from the main parking area enclosed by surrounding walls and ideally located directly beside the parking entrance. This rare configuration offers enhanced privacy, exceptional convenience, and effortless access. A highly sought-after feature seldom found in condominium living. Residents enjoy resort-style amenities, including a 24-hour concierge, valet parking, an indoor saltwater pool, fully equipped fitness and spa facilities, tennis and squash courts, elegant party and meeting rooms, library, practice room, guest suites, ample visitor parking, an on-site restaurant, convenience store with dry cleaning services, and a private shuttle service to Union Station. Maintenance fees include heat, hydro, central air conditioning, water, and access to amenities. A rare opportunity to own one of Palace Pier's most sought-after floor plans, offering luxurious waterfront living and unparalleled convenience in one of Toronto's premier condominium communities.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size3000-3249 sq. ft.
Maintenance Fees$3,809
LockerExclusive
BalconyEnclosed
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$8,080
mls© NumberW13657846
Listed ByROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,232
Property tax
$673
Heat allowance
$150
Condo fees, half counted
$1,905
Housing costs
$12,960 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $399,800
25-yr amortization

Income needed

$399,000

gross annual household income

Payment at 4%
$8,412 / mo
Cash down
$399,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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