$1,279,000 - 2045 Lake Shore Boulevard Unit 1607, Liberty Village
Condo for Sale in Liberty Village
100 days on market- MLS Number
- W12867042
- Property Type
- Condo
- Status
- active
- Days on Site
- 100
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to the prestigious Palace Pier, recipient of the "Condo of the Year" award, where luxury living meets resort-style amenities on Toronto's waterfront. This beautifully refreshed 1,550 sq ft residence offers an exceptional layout with 2 spacious bedrooms, 2 parking spots, and 1 locker.Designed for both comfort and entertaining, the expansive living and dining areas are filled with natural light from floor-to-ceiling windows showcasing breathtaking unobstructed views. Recent upgrades include new flooring throughout and elegant modern finishes. The renovated kitchen features quartz countertops, stainless steel appliances, and a sophisticated contemporary design.Enjoy a lifestyle unlike any other with world-class amenities and services including 24-hour concierge and valet, complimentary shuttle service, guest suites, convenience store, car wash, executive meeting room, and more.Indulge in exclusive wellness and recreation facilities featuring a private spa, indoor swimming pool, sauna, fitness and aerobics centre, tennis and squash courts, putting green, sports simulator, billiards room, games room, table tennis room, and children's indoor play area. Residents also enjoy access to a private gourmet restaurant and beautifully landscaped BBQ and entertaining spaces.Ideally located in the heart of Humber Bay Shores, steps to the waterfront, marinas, scenic trails, cafés, restaurants, and everyday essentials. Easy access to TTC, major highways, and only 15 minutes to downtown Toronto and Pearson Airport. Some photos/rooms may have been virtually staged or enhanced for illustrative purposes. Some photos/rooms may have been virtually staged or enhanced for illustrative purposes.
Estimate your monthly payments for this property
Estimated Payment
$5,657.45/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.
Discover Liberty Village / Parkdale / South Parkdale
Liberty Village / Parkdale / South Parkdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Liberty Village / Parkdale / South Parkdale
- •Convenient location in Liberty Village / Parkdale / South Parkdale
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Liberty Village / Parkdale / South Parkdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
2045 Lake Shore Boulevard Unit 1607, Liberty Village / Parkdale / South Parkdale
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Rental income estimator & ROI calculator
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
Fair Market Value
At $914/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 100 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.
Investment Perspective
Looking at this as an investment: Liberty Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.