Sold
$1,280,000
2bed|2bath|1,550sqft
1 parking|1 locker
Unit 2212
2045 Lakeshore Boulevard W 2212, Toronto, ON M8V 2Z6
Residential Condo & Other|$1733 fees|$3431 tax
MLS #W13036900
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Unit 507 at Palace Pier
Sold2045 Lake Shore Boulevard W 507, Toronto W06, ON M8V 2Z6
MLS #W12257690
$746,000
Sold on January 15, 2026
January 15, 2026
Originally listed at $768,000 141 days on market
About This Property
Palace Pier! Discover luxury living at its finest in this elegant 1550 sq ft residence, located in Torontos sought-after waterfront area. With a spacious and thoughtfully designed layout, the apartment features two large bedrooms, including a master suite with a walk-in closet space. Residents will enjoy access to a wide range of premium amenities, including valet service, a state-of-the-art gym, and additional conveniences such as visitor suites, a car wash, and enhanced security measures ensure a comfortable and worry-free lifestyle. Situated within walking distance of scenic trails, shops, and dining, and with easy transit and highway access, this property combines convenience with unparalleled style. This unit is ready for your finishing touches!
Investment Analysis
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1774/mo) and property tax ($3,255/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$495/sqftMimico
$742/sqft-33.3%
Toronto W06
$715/sqft
Fair Market Price
Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1550 sqft.
Property Details
Bedrooms
2
Bathrooms
2
Square Feet
1,550 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeWater
StyleApartment
Ensuite LaundryNo
Corp #TSCC-382
MLS Size1400-1599
Listed OnJul 1, 2025
Maintenance Fees$1,774/month
Property Tax$3,255/year
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Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Flat) | 938.67 x 587.84 | 3079.6 x 1928.6 | - |
| Dining Room(Flat) | 407.54 x 336.63 | 1337.1 x 1104.4 | - |
| Kitchen(Flat) | 466.48 x 293.92 | 1530.4 x 964.3 | - |
| Primary Bedroom(Flat) | 388.78 x 549.76 | 1275.5 x 1803.7 | - |
| Bedroom 2(Flat) | 303.17 x 405.05 | 994.7 x 1328.9 | - |
| Solarium(Flat) | 193.32 x 189.88 | 634.3 x 623.0 | - |
Room Dimensions Available
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Unit 507 History
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Price History
Original List Price
$768,000
Listed on Jul 1, 2025
Sold Price
$746,000
Sold on Jan 15, 2026
-$22,000
-2.9%
141 days on market
Price History Available
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Unit Unit 3606
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Unit 3305
MLS# W135504362045 Lake Shore Boulevard W 3305, Toronto, ON M8V 2Z6
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2parking|1locker
Residential Condo & Other|$3853 fees|$8172 tax
44 days on market
OQ
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OVAIS QASSIM
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PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NamePalace Pier
Address2045 Lake Shore Boulevard W, Toronto W06
Parking TypeUnderground
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About Unit 507 at Palace Pier
Unit 507 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1400-1599 square feet located at Palace Pier, 2045 Lake Shore Boulevard W, Toronto W06. This unit is currently sold (sold for $746K).
About Palace Pier
Palace Pier is located at 2045 Lake Shore Boulevard W, Toronto W06. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
Mimico Neighbourhood
This unit is located in Mimico, part of Toronto W06 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at Palace Pier, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
Keywords: Unit 507 Palace Pier Toronto W06
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