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Unit 2508 at Palace Pier

Sold

2045 Lake Shore Boulevard W 2508, Toronto W06, ON M8V 2Z6

MLS #W12494926

$1,290,000

Sold on February 16, 2026

February 16, 2026

Originally listed at $1,358,000 42 days on market

About This Property

This suite has everything you're looking for. From the dramatic gallery entry, lined with ceiling LEDs, with its stunning cream porcelain flooring, to the ten foot ceilings, eight foot doors, the craftsmanship is superb. Five inch baseboards and crown moulding, are only a few of the special finishes that sets this suite apart. Spacious Living room , dining room combination, with walls of floor to ceiling glass, brings in excellent light. Floors are rich 8" bleached white oak plank hardwood, easy to care for. Surround sound adds to the features of this elegant, yet comfortable space. Electric blinds on all windows. The office/flex space off the dining room is ample and completely private. Kitchen workspace is functionally designed and the anchor is the 8'5" island of misty white granite with overhead bowl lighting. Five S/S appliances, wine fridge, double sinks, Swan faucet, and every chefs dream, a pot filler over your stove! Loads of cupboards, and a built in coffee bar, makes this the perfect kitchen. A walk-in pantry with shelving for extra storage is a plus. Primary bedroom is serene and spacious with a walk-in closet. Ensuite, four piece, glassed rain shower, lighted makeup mirror, and shelving. The second bedroom is bright with double mirrored closets and adjacent to the second bathroom with walk-in shower. This is a one of a kind suite. Quality, space, upgrades; it has it all. To add to all this, the sunsets are awesome and the view of the bay is an added bonus.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1733/mo) and property tax ($3,416/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$905/sqft
Mimico
$742/sqft+21.9%
Toronto W06
$715/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1500 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1400-1599 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeFan Coil
StyleApartment
Ensuite LaundryYes
Corp #TSCC-382
MLS Size1400-1599
Listed OnOct 28, 2025
Maintenance Fees$1,733/month
Property Tax$3,416/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)8.14 x 5.1526.7 x 16.9-
Living Room(Flat)8.14 x 5.1526.7 x 16.9-
Dining Room(Flat)8.14 x 5.1526.7 x 16.9-
Dining Room(Flat)8.14 x 5.1526.7 x 16.9-
Kitchen(Flat)5.09 x 2.5616.7 x 8.4-
Kitchen(Flat)5.09 x 2.5616.7 x 8.4-
Primary Bedroom(Flat)4.67 x 3.3515.3 x 11.0-
Primary Bedroom(Flat)4.67 x 3.3515.3 x 11.0-
Bedroom 2(Flat)3.78 x 2.7412.4 x 9.0-
Bedroom 2(Flat)3.78 x 2.7412.4 x 9.0-
Den(Flat)2.53 x 2.848.3 x 9.3-
Den(Flat)2.53 x 2.848.3 x 9.3-

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Unit 2508 History

Complete transaction history for this unit

Terminated

Listed: Jun 19, 2025

$1,368,000

121 days on marketSale
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Price History

Original List Price

$1,358,000

Listed on Oct 28, 2025

Sold Price

$1,290,000

Sold on Feb 16, 2026

-$68,000

-5.0%

42 days on market

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePalace Pier
Address2045 Lake Shore Boulevard W, Toronto W06
Parking TypeUnderground

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About Unit 2508 at Palace Pier

Unit 2508 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1400-1599 square feet located at Palace Pier, 2045 Lake Shore Boulevard W, Toronto W06. This unit is currently sold (sold for $1290K).

About Palace Pier

Palace Pier is located at 2045 Lake Shore Boulevard W, Toronto W06. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Mimico Neighbourhood

This unit is located in Mimico, part of Toronto W06 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Palace Pier, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 2508 Palace Pier Toronto W06

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