2045 Lake Shore Boulevard Unit 2009, Toronto W06

Price: $1,185,000

3 bedrooms, 3 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13854170

Suite 2009 at Palace Pier is where waterfront luxury meets a curated lifestyle with valet parking and a private shuttle to downtown. Inside, a sweeping open-concept living space sets the tone, anchored by a chef-inspired kitchen that could be pulled straight from a minimalist food magazine. The quartz island is built for hosting: small-batch wine tastings, late-night pasta sessions, or simply spreading out and enjoying the art of cooking. A walk-in pantry adds valuable extra storage. Stainless steel appliances keep the aesthetic clean and the culinary ambitions serious. The windows frame western sunset views that make you want to journal, paint, or pick up photography. The 3 bedrooms are generously scaled, including a serene primary retreat. The 5-piece ensuite features a tub - ideal for decompressing. Perfect for professionals returning to the city, families seeking space without sacrificing style, or downsizers who refuse to compromise on square footage or vibes. And then there's Palace Pier - a full resort disguised as a condominium community. Enjoy 24-hour concierge and security, valet parking, private shuttle to downtown, on-site fine dining at Veloute, guest suites, spa, convenience store, indoor saltwater pool, hot tub, sauna, tennis, squash, golf simulator, party room, BBQ areas, games rooms, library, arts studios, EV charging, car wash, and pet-friendly policies. Surrounded by beautifully landscaped waterfront grounds, Palace Pier was proudly recognized as Condo of the Year in 2020, a testament to its outstanding reputation. Perfectly positioned along the shores of Lake Ontario, steps to Humber Bay Park, the Martin Goodman Trail, marinas, and a network of waterfront parks. Maintenance fees that actually make life easier: heat, hydro, central air, water, high-speed internet, and cable with free movie channels - plus 2 parking spots and a locker. A rare opportunity to claim serious square footage in one of Toronto's most iconic waterfront properties.

2045 Lake Shore Boulevard Unit 2009 - Condo photo 1 of 28 in Liberty Village / Parkdale / South Parkdale, Ontario
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active
New Listing

$1,185,000 - 2045 Lake Shore Boulevard Unit 2009, Liberty Village

Condo for Sale in Liberty Village

New — Listed 5 days ago

Neighbourhood: Mimico

3Beds
3Baths
1,800Sq Ft
Condo

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Property Details
MLS Number
W13854170
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
3
Bathrooms
3
Square Feet
1,800 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Taxes (2026)
$4,110
Maintenance Fees
$2,404/mo
Locker
Ensuite+Owned
Exposure
North West
Balcony
None
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Suite 2009 at Palace Pier is where waterfront luxury meets a curated lifestyle with valet parking and a private shuttle to downtown. Inside, a sweeping open-concept living space sets the tone, anchored by a chef-inspired kitchen that could be pulled straight from a minimalist food magazine. The quartz island is built for hosting: small-batch wine tastings, late-night pasta sessions, or simply spreading out and enjoying the art of cooking. A walk-in pantry adds valuable extra storage. Stainless steel appliances keep the aesthetic clean and the culinary ambitions serious. The windows frame western sunset views that make you want to journal, paint, or pick up photography. The 3 bedrooms are generously scaled, including a serene primary retreat. The 5-piece ensuite features a tub - ideal for decompressing. Perfect for professionals returning to the city, families seeking space without sacrificing style, or downsizers who refuse to compromise on square footage or vibes. And then there's Palace Pier - a full resort disguised as a condominium community. Enjoy 24-hour concierge and security, valet parking, private shuttle to downtown, on-site fine dining at Veloute, guest suites, spa, convenience store, indoor saltwater pool, hot tub, sauna, tennis, squash, golf simulator, party room, BBQ areas, games rooms, library, arts studios, EV charging, car wash, and pet-friendly policies. Surrounded by beautifully landscaped waterfront grounds, Palace Pier was proudly recognized as Condo of the Year in 2020, a testament to its outstanding reputation. Perfectly positioned along the shores of Lake Ontario, steps to Humber Bay Park, the Martin Goodman Trail, marinas, and a network of waterfront parks. Maintenance fees that actually make life easier: heat, hydro, central air, water, high-speed internet, and cable with free movie channels - plus 2 parking spots and a locker. A rare opportunity to claim serious square footage in one of Toronto's most iconic waterfront properties.

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Estimated Payment

$5,241.65/mo

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5%20%50%

5-yr fixed avg.

Principal: $948,000Interest: $624,496
Mortgage Amount$948,000
Total Interest$624,496
Est. Property Tax$839/mo
Total Cost$1,572,496

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • •Lake Ontario waterfront access and trail
  • •Revitalised village atmosphere with new development
  • •Mimico GO Station for fast downtown commuting
  • •Mix of new condominiums and character homes
  • •Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • •Mimico GO Station on the Lakeshore West line
  • •TTC 501 Queen streetcar
  • •Lakeshore West GO line to Union Station
  • •Easy access to Gardiner Expressway

Parks & Amenities

  • •Humber Bay Park
  • •Mimico waterfront trail
  • •Amos Waites Park
  • •Mimico Centennial Library
  • •Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

2045 Lake Shore Boulevard Unit 2009, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
-0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$2,404
Property Tax (est.)-$839
Insurance (est.)-$247
Net Cash Flow-$90

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $658/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $2404/month fees should cover building insurance, common elements, and reserve contributions.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    2045 Lake Shore Boulevard Unit 2009 | $1,185,000 | Battaglia Team