$1,588,000 - 2045 Lake Shore Boulevard Unit 4503, Liberty Village
Condo for Sale in Liberty Village
60 days on marketNeighbourhood: Mimico
- MLS Number
- W13102000
- Property Type
- Condo
- Status
- active
- Days on Site
- 60
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 3,250 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
The iconic Palace Pier-an address synonymous with uncompromising waterfront prestige. Indulge in a rare offering of refined elegance, where sweeping north, west and east exposures frame uninterrupted vistas of the city skyline and shimmering lake beyond. This nicely appointed 3-4bedroom residence features a lavish ensuite retreat, complete with an expansive spa-inspired shower and a bespoke walk-in dressing room. The grand open-concept salon seamlessly unites living and dining areas, each vantage point curated to capture light, water, and skyline in perfect harmony. Experience a lifestyle defined by effortless opulence, where every detail is curated for the most discerning resident. Extras: A fully all-inclusive offering encompassing high-speed internet, Bell Fibe TV, and all utilities. Enjoy the privilege of white-glove valet service, 24-hour concierge, and an exceptional suite of resort-caliber amenities: fine dining establishment "Veloute" , a state-of-the-art fitness center, indoor salt pool, tennis court, exclusive downtown shuttle, golf putting green, curated retail conveniences, and indulgent spa services. Some images digitally staged.
Estimate your monthly payments for this property
Estimated Payment
$7,024.26/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 4503, 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 $489/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.
Negotiation Opportunity
At 60 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.