$1,128,000 - 2045 Lake Shore Boulevard Unit 1905, Liberty Village
Condo for Sale in Liberty Village
141 days on market- MLS Number
- W12496110
- Property Type
- Condo
- Status
- active
- Days on Site
- 141
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Exclusive
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Spring is the season of new beginnings. What better time to discover luxury living at Palace Pier, a place that reflects your lifestyle, and vision for the future. Enjoy breathtaking unobstructed lake and park views from this much sought after SW location. Spectular sunrises greet you each morning while the sparkling lights of Marine Parade Drive create a stunning night time backdrop making this a most impressive view. The foyer introduces marble flooring throughout the principal areas including living room, dining room, and kitchen. The combination living and dining space is framed by dramatic floor to ceiling windows, flooding the home with natural light and creating an ideal setting for comfort, family gathering and guests. The kitchen is appointed with ample cupboards, 5 S/S appliances, and functional counter space. The primary bedroom is a spacious retreat, featuring panoramic views, a dressing area and four piece ensuite. The versatile second bedroom or bonus room, is adjacent to a second bath offering privacy for guests. The south-west facing balcony completes this suite, offering relaxation, awesome views, morning sunrise coffee, and a respite at the end of your day, ideal for family or guests. To add to the appeal, Palace Pier is known for its Five Star Services and amenities. Also you are steps away from fine dining as well as casual restaurants, boutique shops, miles of walking trails and parks. It is a great community. This is more than just a place to live, it is a lifestyle and an oasis in the city. Five Star Amenities: Concierge, Valet Services, Private Bus to City, Tennis Court, Gourmet Restaurant, Spa, BBQ's, Sports Simulator, Children's Playroom, Executive Meeting Room and much more. 15 minutes to major airports.
Estimate your monthly payments for this property
Estimated Payment
$4,989.52/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 1905, Liberty Village / Parkdale / South Parkdale
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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 $940/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 141 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 $4,700 (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.