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Palace Pier Condos in Toronto W06

2045 Lake Shore Boulevard W, Toronto W06

Total Units

4

For Sale

0

For Rent

40

Sold

23

Leased

$1.7M

Avg Price

39

Days (Sale)

24

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
900 - 3,749 SQFT
Property Management:
Crossbridge 416-252-7701

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$1.8M

Lowest Sale (12mo)

$505K

Median Maintenance

$2028/mo

Year Built

Palace Pier Market

Updated Aug 23, 2026
Condos
Median sale price
$915K
Median PSF (est.)▼ 19.1%
$555/sqft
Sold last 90 days
4
Active listings
4
Months of inventory
2.0
Avg days on market
71
Sale-to-list ratio
98.07%
Absorption rate
50.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 42.86% · End-user: 57.14% (from 4 sales, 3 leases)
Price reductions (90d)
Price-reduction rate: 25.00%
Avg reduction: $99,000 (5.21%)
Monthly reduction trend
2025-06: 0.0% (4 listings)
2025-10: 50.0% (4 listings) · avg $175,500
2026-01: 33.3% (3 listings) · avg $38,000
Re-entries (past 12 months)
Re-entries: 2 of 30 sold · rate 6.67%
Avg price change: -$57,500 (-6.06%)
Median PSF (est.) vs parent area
Median PSF: $555 — -32.07% vs community avg ($817)[discount]
Supply vs demand by unit type (90d)
Sample: 4 active listings · 4 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 2 sold · mismatch -50.00%
2br: 2 active / 1 sold · mismatch +25.00%
3br: 2 active / 1 sold · mismatch +25.00%
Concession pattern by unit type (90d)
1br (7 sales) — 57.14% closed with concessions, avg 2.62% below ask
2br (13 sales) — 61.54% closed with concessions, avg 3.34% below ask
3br (10 sales) — 100.00% closed with concessions, avg 5.90% below ask
Seasonality (annual pattern)
Historically strongest months: Nov, Mar, Sep
Historically weakest months: Oct, May, Apr
Annual averages: DOM 44.3d · sale-to-list 98.07% (n=30)
Monthly detail
Jan · 5 sales · DOM 50.0d · STL 99.18%
Feb · 2 sales · DOM 27.0d · STL 96.68%
Mar · 2 sales · DOM 9.5d · STL 95.11%
Apr · 2 sales · DOM 97.0d · STL 101.77%
May · 3 sales · DOM 63.3d · STL 96.03%
Jun · 5 sales · DOM 26.4d · STL 97.81%
Jul · 3 sales · DOM 43.3d · STL 96.31%
Sep · 1 sales · DOM 15.0d · STL 98.87%
Oct · 6 sales · DOM 55.8d · STL 96.92%
Nov · 1 sales · DOM 9.0d · STL 112.64%

Market Intelligence

Price per sqft analysis and trends

Palace Pier

Sale PSF

N/A

Lease PSF

N/A

Mimico

Sale PSF

$742/sqft

37 sales

Lease PSF

$3.14/sqft/mo

9 leases

Toronto W06

Sale PSF

$715/sqft

47 sales

Lease PSF

$3.02/sqft/mo

6 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Palace PierThis Building
——/mo——
Mimico
7423.14/mo379
Toronto W06
7153.02/mo476
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$126.3/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Car Wash
Club House
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Squash/Racquet Court
Tennis Court
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCable TVCommon ElementsCondo TaxesHeatHydroParkingWater

Building Reviews

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About Palace Pier Condos

Palace Pier is a premier condominium located at 2045 Lake Shore Boulevard W, Toronto W06. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 67 units available at Palace Pier, with prices averaging around $1672K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Palace Pier stands out in Toronto W06's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

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 and market analysis.

Explore more real estate in the wider area: Mimico, Toronto W06 and the Toronto area.

Units for Sale at Palace Pier

Keywords: Palace Pier Toronto W06 Real Estate

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