2045 Lakeshore Boulevard Unit 2904, Toronto W06

Price: $1,299,999

3 bedrooms, 3 bathrooms

2,750 sqft

Property Type: Condo

MLS#: W12746006

Unparalleled residence in one of Toronto's most exclusive waterfront communities. Welcome to Suite 2904 at Palace Pier: a remarkable two-level, 3-bedroom, 3-bath residence offering 2,777 sq ft of beautifully living space, designed for those who appreciate space, privacy, and refined living. This exceptional home features two private entrances, two balconies, and side-by-side parking with locker, the scale and feel of a home with the convenience of condo living. The open-concept Chef's kitchen is a true showpiece, featuring a wraparound quartz island and premium stainless steel appliances - Jenn-Air refrigerator, induction cooktop, microwave/oven combo, second KitchenAid fridge, and dishwasher. Enhanced ceiling lighting, lighted stone feature walls, and hardwood-style laminate flooring. The upper level offers generously sized bedrooms, including a luxurious primary retreat with spa-inspired 5-piece ensuite featuring a soaker tub and glass-enclosed shower. This residence is perfectly suited for professionals returning to the city, families, or downsizers seeking uncompromising space and amenities. Luxury without compromise, Palace Pier delivers a truly resort-style lifestyle with: *24-hour concierge and security, *valet parking, *exclusive private shuttle service to downtown offices, *exclusive fine dining at Veloute on-site restaurant, *guest suites, *car wash/EV charging stations, *full-service spa, convenience store, *Exceptional recreational amenities [indoor saltwater pool, hot tub, sauna, fitness facilities, private tennis and squash courts, golf simulator, putting green, outdoor BBQ and picnic areas, rooftop party room with deck, games room, billiards, table tennis, library, media room, arts studios] *Pet-friendly (w/restrictions). Part of Humber Bay Shores waterfront cafés, waterfront dining, a rare opportunity to enjoy elevated prestigious living. Exceptional value per sf in a luxury waterfront building, this is a rare offering.

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$1,299,999 - 2045 Lakeshore Boulevard Unit 2904, Liberty Village

Condo for Sale in Liberty Village

137 days on market
3Beds
3Baths
2,750Sq Ft
Condo
Property Details
MLS Number
W12746006
Property Type
Condo
Status
active
Days on Site
137
Bedrooms
3
Bathrooms
3
Square Feet
2,750 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Unparalleled residence in one of Toronto's most exclusive waterfront communities. Welcome to Suite 2904 at Palace Pier: a remarkable two-level, 3-bedroom, 3-bath residence offering 2,777 sq ft of beautifully living space, designed for those who appreciate space, privacy, and refined living. This exceptional home features two private entrances, two balconies, and side-by-side parking with locker, the scale and feel of a home with the convenience of condo living. The open-concept Chef's kitchen is a true showpiece, featuring a wraparound quartz island and premium stainless steel appliances - Jenn-Air refrigerator, induction cooktop, microwave/oven combo, second KitchenAid fridge, and dishwasher. Enhanced ceiling lighting, lighted stone feature walls, and hardwood-style laminate flooring. The upper level offers generously sized bedrooms, including a luxurious primary retreat with spa-inspired 5-piece ensuite featuring a soaker tub and glass-enclosed shower. This residence is perfectly suited for professionals returning to the city, families, or downsizers seeking uncompromising space and amenities. Luxury without compromise, Palace Pier delivers a truly resort-style lifestyle with: *24-hour concierge and security, *valet parking, *exclusive private shuttle service to downtown offices, *exclusive fine dining at Veloute on-site restaurant, *guest suites, *car wash/EV charging stations, *full-service spa, convenience store, *Exceptional recreational amenities [indoor saltwater pool, hot tub, sauna, fitness facilities, private tennis and squash courts, golf simulator, putting green, outdoor BBQ and picnic areas, rooftop party room with deck, games room, billiards, table tennis, library, media room, arts studios] *Pet-friendly (w/restrictions). Part of Humber Bay Shores waterfront cafés, waterfront dining, a rare opportunity to enjoy elevated prestigious living. Exceptional value per sf in a luxury waterfront building, this is a rare offering.

Mortgage Calculator

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Estimated Payment

$5,750.33/mo

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5-yr fixed avg.

Principal: $1,039,999Interest: $685,101
Mortgage Amount$1,039,999
Total Interest$685,101
Est. Property Tax$921/mo
Total Cost$1,725,100

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 Lakeshore Boulevard Unit 2904, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,160/mo
Range: $3,536 - $4,784
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,160
Maintenance Fees-$1,788
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$1,180

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 $473/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.

Negotiation Opportunity

At 137 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.

Larger Home Realities

At 2,750 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    2045 Lakeshore Boulevard Unit 2904 | $1,299,999 | Battaglia Team