$1,999,000 - 2045 Lake Shore Boulevard Unit 2901, Liberty Village
Condo for Sale in Liberty Village
Popular ListingNeighbourhood: Mimico
- MLS Number
- W13657846
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
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, a private shuttle service to Union Station, 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, and a convenience store w/ dry cleaning services. 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.
Estimate your monthly payments for this property
Estimated Payment
$8,842.25/mo
5-yr fixed avg.
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.
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
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.
2045 Lake Shore Boulevard Unit 2901, Liberty Village / Parkdale / South Parkdale
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $666/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.
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. We'll want to verify the monthly fees and what they include.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Liberty Village. Good resale value as demand remains consistent.
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.