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Unit 406 at Palace Pier

Sold

2045 Lakeshore Boulevard W 406, Toronto, ON M8V 2Z6

MLS #W12837046

$860,000

Sold on April 7, 2026

April 7, 2026

Originally listed at $785,000 12 days on market

About This Property

Welcome to an exceptional residence at Palace Pier overlooking the sparkling shores of Lake Ontario and the marina. This beautifully appointed 2-bedroom, 2-bathroom suite offers refined waterfront living with breathtaking views framed by floor-to-ceiling windows in the expansive Living Room, Dining Room, and bright Solarium. The spacious layout features a private primary retreat large enough for a king-size bed, complemented by custom built-in cupboards with specialty lighting, extensive wardrobe cabinetry, and a generous walk-in closet. The ensuite bath includes a convenient stackable washer & dryer for effortless in-suite living. A fabulous galley kitchen showcases updated appliances, abundant counter space for gourmet meal preparation, and a large double-door refrigerator with matching freezer-perfect for hosting and entertaining. Designed for versatility, the combination office includes a built-in desk and cabinetry, along with a cleverly concealed Murphy bed and additional storage-ideal as a second bedroom or guest suite. An additional in-suite storage room/pantry ensures everything you need is always close at hand, adding to the already impressive storage throughout. Residents of Palace Pier enjoy world-class amenities including valet parking, 24-hour concierge, private shuttle service, and a first-class restaurant just steps from the lobby. The Pier Food Shop and an array of recreational facilities-highlighted by a glass-enclosed indoor pool, spa, indoor jogging track, and numerous additional amenities-create a lifestyle of comfort, convenience, and luxury. Experience resort-style waterfront living at its finest.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1999/mo) and property tax ($4,253/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit

$523/sqft

Mimico

$742/sqft-29.5%

Toronto W06

$715/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1500 sqft.

Property Details

Bedrooms

Bathrooms

Square Feet

1400-1599 sqft

Property Type

Residential Condo & Other

ParkingYes

Parking TypeUnderground

LockerYes

Heating TypeForced Air

StyleApartment

Ensuite LaundryNo

Corp #TSCC-382

MLS Size1400-1599

Listed OnFeb 26, 2026

Maintenance Fees$1,999/month

Property Tax$4,253/year

Property Details Available

Free account • No credit card required

Rooms

Name	Size (m)	Size (ft)	Features
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Foyer(Main)	6.2 x 1.37	20.3 x 4.5	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Living Room(Main)	8.76 x 5.31	28.7 x 17.4	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Dining Room(Main)	3 x 2.92	9.8 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Kitchen(Main)	5.41 x 2.92	17.7 x 9.6	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Primary Bedroom(Main)	4.8 x 3.2	15.7 x 10.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Bedroom 2(Main)	3.71 x 2.59	12.2 x 8.5	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-
Solarium(Main)	1.93 x 1.63	6.3 x 5.3	-

Room Dimensions Available

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Price History

Original List Price

$785,000

Listed on Feb 26, 2026

Sold Price

$860,000

Sold on Apr 7, 2026

+$75,000

9.6%

12 days on market

Price History Available

Free account • No credit card required

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Unit 1407

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Unit Unit 3606

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Unit 3305

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2045 Lake Shore Boulevard W 3305, Toronto, ON M8V 2Z6

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Your Agent

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 TypeUndergroundMutual

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About Unit 406 at Palace Pier

Unit 406 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 $860K).

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 406 Palace Pier Toronto W06

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