$1,960,000 - 2045 Lake Shore Boulevard Unit 3705, Liberty Village
Condo for Sale in Liberty Village
New — Listed 4 days agoNeighbourhood: Mimico
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- MLS Number
- W13777312
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 3,250 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Rarely offered, this turnkey 3,307 sq ft residence commands the entire East Wing of Palace Pier, delivering unobstructed, floor-to-ceiling panoramic views of Lake Ontario and the Toronto skyline from every principal room. Fully renovated and impeccably maintained, the suite features a grand foyer, a ballroom-sized living room framed by walls of glass, two sun-filled solariums, and a chef's kitchen with premium built-in appliances, an oversized island, and a spacious eat-in dining area. The primary retreat offers a spa-inspired ensuite with glass vessel sinks and a marble-clad walk-in shower and soaker tub, complemented by a generous walk-in closet, while two additional bedrooms, a versatile den, and a private laundry room complete this move-in-ready, sun-drenched home. Offered fully furnished (optional) with designer furnishings, and including 2 parking spaces plus a locker.Residents of Palace Pier enjoy resort-calibre amenities across the property's 9 private acres, including an indoor swimming pool, whirlpool, sauna and change rooms, a fully equipped fitness centre with aerobics studio, tennis and squash courts, basketball courts, a golf simulator, practice cage, and putting green, plus table tennis, billiards, and a games/social event room. Additional lifestyle offerings include a rooftop club party room and sun deck with patio and BBQs, a library, arts and crafts and carpentry rooms, on-site spa services, and Veloute, the building's private restaurant led by Chef Fawzi Kotb. The building also provides 24-hour concierge and security, valet and visitor parking, car wash services, bicycle storage, seven guest suites, a complimentary shuttle to Union Station and Sherway Gardens, a residents-only convenience store, and dry cleaning service - with Bell Fibe TV and reduced-rate internet and mobility included in the maintenance fee. A truly exceptional opportunity in one of Toronto's premier waterfront residences.
Estimate your monthly payments for this property
Estimated Payment
$8,669.74/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 3705, 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 $603/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. We'll want to verify the monthly fees and what they include.
Larger Home Realities
At 3,250 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.
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.