2045 Lake Shore Boulevard Unit 807, Toronto W06

Price: $999,000

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13119066

Winner Of The 2020 Condo Of The Year Award. Suite 807 At Palace Pier Is One Of The Building's Most Coveted Layouts: A Spacious 1,550 Sq Ft Residence With 2 Bedrooms, 2 Bathrooms, And A Sun-Filled Solarium Ideal As A Home Office Or Reading Retreat. Floor-To-Ceiling Windows Frame Open Southwest Exposures Toward Lake Ontario, Flooding The Suite With Natural Light All Day Long. The Living And Dining Room Spans Over 27 Feet...Genuinely Grand, Perfect For Relaxed Entertaining Or Simply Enjoying The Space You Deserve. The Primary Bedroom Offers A Luxurious 6-Piece Ensuite And Walk-In Closet. The Second Bedroom Features Floor-To-Ceiling Windows And A Built-In Closet. Hardwood Floors Throughout The Principal Rooms, Marble In The Kitchen, Foyer, And Solarium. VACANT POSSESSION - Tenants Have Given Notice, So You Set The Closing Timeline. Maintenance Fees Include Heat, Hydro, Water, A/C, And Parking. Five-Star Resort Amenities: 24-Hr Concierge, Valet, Complimentary Shuttle, Indoor Saltwater Pool, Tennis Court, Putting Green, Golf Simulator, Rooftop Lounge, Spa, Restaurant, Car Wash, Convenience Store & More. Pets Welcome With Restrictions. EV Charging Available. 1 Parking Space. 15 Mins To Bay St. 10 Mins To Billy Bishop. 20 Mins To Pearson.

2045 Lake Shore Boulevard Unit 807 - Condo photo 1 of 15 in Liberty Village / Parkdale / South Parkdale, Ontario
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$999,000 - 2045 Lake Shore Boulevard Unit 807, Liberty Village

Condo for Sale in Liberty Village

37 days on market
2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13119066
Property Type
Condo
Status
active
Days on Site
37
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
South West
Balcony
Enclosed
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Winner Of The 2020 Condo Of The Year Award. Suite 807 At Palace Pier Is One Of The Building's Most Coveted Layouts: A Spacious 1,550 Sq Ft Residence With 2 Bedrooms, 2 Bathrooms, And A Sun-Filled Solarium Ideal As A Home Office Or Reading Retreat. Floor-To-Ceiling Windows Frame Open Southwest Exposures Toward Lake Ontario, Flooding The Suite With Natural Light All Day Long. The Living And Dining Room Spans Over 27 Feet...Genuinely Grand, Perfect For Relaxed Entertaining Or Simply Enjoying The Space You Deserve. The Primary Bedroom Offers A Luxurious 6-Piece Ensuite And Walk-In Closet. The Second Bedroom Features Floor-To-Ceiling Windows And A Built-In Closet. Hardwood Floors Throughout The Principal Rooms, Marble In The Kitchen, Foyer, And Solarium. VACANT POSSESSION - Tenants Have Given Notice, So You Set The Closing Timeline. Maintenance Fees Include Heat, Hydro, Water, A/C, And Parking. Five-Star Resort Amenities: 24-Hr Concierge, Valet, Complimentary Shuttle, Indoor Saltwater Pool, Tennis Court, Putting Green, Golf Simulator, Rooftop Lounge, Spa, Restaurant, Car Wash, Convenience Store & More. Pets Welcome With Restrictions. EV Charging Available. 1 Parking Space. 15 Mins To Bay St. 10 Mins To Billy Bishop. 20 Mins To Pearson.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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.

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Neighbourhood Guide: Liberty Village / Parkdale / South Parkdale

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

2045 Lake Shore Boulevard Unit 807, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$854

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $714/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 37 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $4,163 (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.

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    2045 Lake Shore Boulevard Unit 807 | $999,000 | Battaglia Team