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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $830,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This very private suite at Palace Pier is located on the side of the building and is not overlooked by nearby buildings. The suite is move-in ready with hardwood floors, updated bathrooms and a modern kitchen. The large living space is perfect for relaxing or hosting parties for family and friends. The modern kitchen has stainless steel appliances, granite counters and a breakfast bar. The primary bedroom has 2 walls of built-in storage and an ensuite bathroom. The 2nd bedroom is perfect for guests or a home office. The 5 Star amenities include 24-hour concierge service, valet parking, and a private shuttle to and from downtown as well as local shopping areas. The expansive outdoor areas have tennis courts, putting greens, BBQs and a beautiful patio area. Indoors includes a saltwater pool, hot tub, sauna, cardio and weights area, yoga studio, squash, basketball, golf simulator, children's playroom, 2 party rooms, car wash facilities, guest suites, a spa and a convenience store. Just steps to lakefront trails and High Park or a quick drive downtown. Everyone loves living at Palace Pier and you will too! **EXTRAS** The suite has a pantry for convenient extra storage, a secure locker downstairs and 1 parking. Underground parking or valet parking for your guests. A safe, secure building with friendly staff and many social events to meet your neighbours.
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Public Transit, Waterfront, Place Of Worship
Built-In Oven, Carpet Free, Countertop Range
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2045 Lake Shore Boulevard W 3402, Toronto W06, ON M8V 2Z6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $830,000 in Toronto, the legal minimum down payment is $58,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,075 also applies, bringing the total estimated land transfer taxes to $26,150.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.