2045 Lake Shore Boulevard Unit Unit 3606, Toronto W06

Price: $1,950,000

2 bedrooms, 3 bathrooms

3,250 sqft

Property Type: Condo

MLS#: W13521842

This expansive approx 3,247 sq. ft. residence on the 36th floor of the prestigious Palace Pier offers stunning lake and city skyline views! As you enter the unit with the double door entry you will notice the elegant foyer and corridors featuring classic wainscoting, while marble and porcelain flooring flow throughout the suite.The open-concept kitchen is designed for both style and function, showcasing a marble peninsula, striking marble feature wall, and backsplash overlooking the breakfast area and family room with a built-in wall unit and a view of the Toronto Skyline! The main living area was converted to a fabulous great room which is ideal for entertaining, complete with a dining area, built-in bar, custom electric fireplace, and a bright solarium with a Juliette balcony. Floor-to-ceiling windows with automated blinds fill the space with natural light and showcase breathtaking views of Lake Ontario! The primary suite offers two spacious walk-in closets, a private solarium with Juliette balcony overlooking the lake and west vie, a luxurious 5-piece ensuite, and a pop-up TV. The 2nd bedroom is currently used as an office/den. It was originally designed as a three-bedroom layout, two bedrooms have been transformed into a custom office/library with built-ins including 2 closets for hanging clothes and a fireplace, easily convertible back if desired. A truly exceptional home with a unique custom floor plan and refined, custom finishes throughout! Amenities include: Fitness and aerobics center, Restaurant, Club on 47th floor, media room, event kitchen stage for events, terraces, tennis court, putting green, squash courts, golf simulator Table tennis room billiards room Party Room, convenience store, spa, arts and crafts room, childrens playroom , 24 hour concierge, 18 hour valet service, hourly bus service to downtown 6 days a week, 7 guest suites, large indoor swimming pool with whirlpool and sauna, EV Chargers available for use, pets allowed with restrictions.

2045 Lake Shore Boulevard Unit Unit 3606 - Condo photo 1 of 30 in Liberty Village / Parkdale / South Parkdale, Ontario
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active
New Listing
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$1,950,000 - 2045 Lake Shore Boulevard Unit Unit 3606, Liberty Village

Condo for Sale in Liberty Village

New — Listed 4 days ago

Neighbourhood: Mimico

2Beds
3Baths
3,250Sq Ft
Condo
Property Details
MLS Number
W13521842
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
3
Square Feet
3,250 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
South
Balcony
Juliette
Listing Brokerage
Century 21 Miller Real Estate Ltd.
Description

This expansive approx 3,247 sq. ft. residence on the 36th floor of the prestigious Palace Pier offers stunning lake and city skyline views! As you enter the unit with the double door entry you will notice the elegant foyer and corridors featuring classic wainscoting, while marble and porcelain flooring flow throughout the suite.The open-concept kitchen is designed for both style and function, showcasing a marble peninsula, striking marble feature wall, and backsplash overlooking the breakfast area and family room with a built-in wall unit and a view of the Toronto Skyline! The main living area was converted to a fabulous great room which is ideal for entertaining, complete with a dining area, built-in bar, custom electric fireplace, and a bright solarium with a Juliette balcony. Floor-to-ceiling windows with automated blinds fill the space with natural light and showcase breathtaking views of Lake Ontario! The primary suite offers two spacious walk-in closets, a private solarium with Juliette balcony overlooking the lake and west vie, a luxurious 5-piece ensuite, and a pop-up TV. The 2nd bedroom is currently used as an office/den. It was originally designed as a three-bedroom layout, two bedrooms have been transformed into a custom office/library with built-ins including 2 closets for hanging clothes and a fireplace, easily convertible back if desired. A truly exceptional home with a unique custom floor plan and refined, custom finishes throughout! Amenities include: Fitness and aerobics center, Restaurant, Club on 47th floor, media room, event kitchen stage for events, terraces, tennis court, putting green, squash courts, golf simulator Table tennis room billiards room Party Room, convenience store, spa, arts and crafts room, childrens playroom , 24 hour concierge, 18 hour valet service, hourly bus service to downtown 6 days a week, 7 guest suites, large indoor swimming pool with whirlpool and sauna, EV Chargers available for use, pets allowed with restrictions.

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Estimated Payment

$8,625.51/mo

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5-yr fixed avg.

Principal: $1,560,000Interest: $1,027,652
Mortgage Amount$1,560,000
Total Interest$1,027,652
Est. Property Tax$1,381/mo
Total Cost$2,587,652

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 Unit 3606, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,160/mo
Range: $3,536 - $4,784
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,160
Maintenance Fees-$2,113
Property Tax (est.)-$1,381
Insurance (est.)-$406
Net Cash Flow+$260

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 $600/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.

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 Unit 3606 | $1,950,000 | Battaglia Team