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$949K · 2 bed Common Element Condo · Mimico, Toronto | MyPropertyScout

$949,300

Unit 3706

4 DOM

224d

Map

DOM 4

Waterfront

$949,300

DOM4days

Unit 3706

2045 Lake Shore Boulevard · Toronto · Ontario M8V 2Z6

MLS® W13576630 · Mimico · M8V 2Z6

22OwnerOccupied1200-1399 ft²Common Element Condo2-car UndergroundNo basement4d$731/ft²$3,837 tax/yrNo basement

4 days on market

About this home

Welcome to the iconic Palace Pier, one of Toronto's most prestigious waterfront residences. This beautifully maintained 2+1 bedroom, 2-bathroom suite offers 1,380 sq. ft. of elegant living space plus a 60 sq. ft. private balcony, showcasing breathtaking southwest views of Lake Ontario and the Toronto skyline. A spacious, light-filled layout features expansive principal rooms, floor-to-ceiling windows that frame the spectacular waterfront views, and a versatile den ideal for a home office or addi…

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Property details

MLS#: W13576630
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 7
Kitchens: 1
Size: 1200-1399Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Common Element Condo
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Owner Occupied
Washrooms: 3 pc · Main; 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Library, Park, Public Transit, River/Stream, Waterfront

View: City, Lake, Park/Greenbelt, River

Waterfront: Yes

Condo corp #: 382
Balcony: Enclosed
Locker: Owned
Association amenities: Indoor Pool, Gym, Tennis Court, Concierge, Guest Suites, Car Wash
Fees include: Heat Included, Common Elements Included, Hydro Included, Building Insurance Included, Water Included, Parking Included, Cable TV Included, CAC Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Fan Coil
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Exterior: Concrete
Fronting on: —
Cross street: Lakeshore Blvd and Parklawn Ave
Stories: 36
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: Auto Garage Door Remote, Guest Accommodations
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: CENTURY 21 LEADING EDGE REALTY INC.

Source: TRREB/PROPTX · MLS® W13576630

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$949K

Unit 3706 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $949,300✓ $3,837 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$8,656/mo

incl. closing costs (yr 1)

Annual total

$103,869

year 1

Mortgage only

$3,601/mo

principal + interest

Beyond mortgage

$3,308/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$189,860

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$320/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$9,493/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$147/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$15,461

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $43,216/yr

Property taxes19% $19,298/yr

Utilities4% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $9,493/yr

Condo fees20% $21,202/yr

Closing costs5% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$43,216	$3,601/mo
Government & taxes
Property tax	$3,837	$320/mo
Land transfer tax(closing)	$15,461	$1,288/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$9,493	$791/mo
Condo fees
Condo / HOA fees	$21,202	$1,767/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$103,869	$8,656/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 3706

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

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Annual costs