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Unit 2508 at Palace Pier

For Sale

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

MLS #W12235023

$1,368,000

Listed Price

About This Property

This newly, fully renovated suite has been designed with sophistication and modern finishes, that enhances the experience of living in this exceptional home in Palace Pier. The generous layout of 1,550 sq.ft. with soaring 10 ft. ceilings, 8 foot doors and oversized floor to ceiling windows, offers a sense of spaciousness and makes this suite open, airy and compliments the natural light. The gleaming porcelain entrance, is an introduction to the quality and style of this suite. The entrance ceiling, lines with LED's is bright and welcoming. The living room, dining room combination, is spacious, elegant yet very comfortable, with 5" baseboards and 5" crown, gorgeous electric window coverings, smooth ceilings with numerous indirect lighting, 8" Bleached White Oak plank Hardwood flooring, makes this a room you'll be happy to spend time in, relaxing or entertaining, listening to your surround sound. The office/flex space, is ample and completely private. For workspace in the thoughtfully designed kitchen, let's start with the impressive 8.5 x 4ft. island of misty white granite with overhead bowl lights, attractive and functional. Five gleaming S/S appliances, wine fridge, double S/S sinks, Swan faucet and creme de la creme, a pot filler over your stove. Lots of cupboards and a coffee bar makes this a perfect kitchen. For extra storage, a walk-in pantry with shelving is a plus. The primary bedroom is serene and spacious with a walk-in closet. Ensuite (4pc) with double sinks, and rain shower panel. Second bedroom is bright, ample, with double closet and adjacent to the second, (3) piece bath, convenient for guests as well. This is an ideal suite. Quality, throughout. As a bonus, the sunsets are spectacular and a view of the bay inlet is lovely. Another extra!

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
$912/sqft
Mimico
$742/sqft+22.9%
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 OnJun 19, 2025
Maintenance Fees$1,733/month
Property Tax$3,416/year

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-

Unit 2508 History

Complete transaction history for this unit

Sold

Sold: Feb 16, 2026

$1,290,000

-$68,000 (-5.0%)

Listed: $1,358,00042 days on marketSale
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Available For Sale in This Building

OQ

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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 for sale at $1368K.

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.

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