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1 / 0
New2 hours ago

3705 - 2045 Lake Shore Boulevard W

Mimico, Toronto

$1,960,000

Condo Apartment |
3 | 3 | 2 | 1
About this home

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.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size3250-3499 sq. ft.
Maintenance Fees$3,853
LockerExclusive
BalconyEnclosed
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$8,000
mls© NumberW13777312
Listed ByRE/MAX ULTIMATE REALTY INC.
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,032
Property tax
$667
Heat allowance
$150
Condo fees, half counted
$1,926
Housing costs
$12,775 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $392,000
25-yr amortization

Income needed

$393,000

gross annual household income

Payment at 4%
$8,248 / mo
Cash down
$392,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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