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43.71° N · 79.40° W — Toronto & nearby · 9,709 homes for sale today43.71° N · 79.40° W — 9,709 homes today(647) 554-7436Saved

43.6313° N · 79.4736° W — Mimico, Toronto — MLS® #W13820704

3507-2045 Lake Shore Blvd

$1,788,000

Mimico, Toronto, Ontario M8V 2Z6

3+1
BedroomsBeds
3
BathroomsBaths
3250-3499 sqft3250-3499
SizeSq ft

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

3507-2045 Lake Shore Blvd is a 3+1-bedroom, 3-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $1,788,000 (MLS® W13820704).

Welcome to award-winning Palace Pier in the heart of Humber Bay Shores! Situated high above the waterfront on the 35th floor, this rarely available, exceptionally spacious 3,257 sf residence captures breathtaking panoramic views of Lake Ontario and the Toronto skyline through expansive, floor-to-ceiling windows in every principal room. This extraordinary suite showcases a massive combined living and dining room with marble floors, a striking stone water feature, andwalls of windows & an enclosed balcony overlooking the lake, a family-sized kitchen with white cabinetry and centre island, a coveted family room with built-ins and sweeping, unobstructed waterfront views, three generous bedrooms including a refined primary retreat with wall-to-wall windows framing the lake, an oversized walk-in closet, a private enclosed balcony and a 4-piece ensuite, a dedicated office with lake views and built-in bookshelves, a second full bathroom, a convenient powder room, ensuite laundry and multiple storage closets. Well maintained and comfortable to enjoy as it is, this suite also offers the opportunity to renovate and personalize to your taste. Two parking spaces and one locker included. Set on nine acres of land, Palace Pier is renowned for its state of the art amenities, including 24-hour concierge and security, valet parking, a complimentary private shuttle to Union Station and Sherway Gardens, indoor saltwater pool, hot tub, sauna, fitness and yoga studios, tennis and squash courts, golf simulator, putting green, rooftop entertaining space, party room, billiards room, guest suites and more! All-inclusive maintenance fees add to the convenience of waterfront living at Palace Pier. Steps to waterfront trails, parks, marinas, restaurants and cafes, with easy access to downtown Toronto, TTC and major highways. A distinctive waterfront residence offering impressive proportions, panoramic vistas and resort-style amenities in one of Toronto's most recognized condo residences.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 66Fair

    Condition score

    4 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 8Shortfall

    Cash flow quality

    −$6,630/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 5 homes with 4 bedrooms for lease in Mimico right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$8,034 / 2026
MLS® number
W13820704
Board
TRREB MLS®
Property Type
Condo Apt
Time on market
Size
3250-3499 sqft
Listed on
Parking
2 Underground, 2 Parking

Listing history

Listing activity for 3507-2045 Lake Shore Blvd, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,788,000N/AFor SaleW13820704

Inside

Room by room

From the listing.

Main10 rooms
  • Foyer2.48 × 5.31 mTile Floor, Double Closet, 2 Pc Bath
  • Living8.06 × 8.14 mCombined W/Dining, Window Flr to Ceil, Overlook Water
  • Dining8.06 × 8.14 mCombined W/Living, B/I Shelves, Window Flr to Ceil
  • Kitchen4.35 × 5.04 mTile Floor, Centre Island, Double Sink
  • Family5.43 × 6.41 mWindow Flr to Ceil, B/I Shelves, Overlook Water
  • Primary5.65 × 6.37 m4 Pc Ensuite, W/I Closet, Overlook Water
  • 2nd Br3.22 × 5.55 mWindow Flr to Ceil, Overlook Water, Broadloom
  • 3rd Br2.98 × 5.55 mDouble Closet, Window Flr to Ceil, Overlook Water
  • Office3.81 × 4.13 mB/I Shelves, Overlook Water, Broadloom
  • Laundry1.64 × 2.21 mLaundry Sink, B/I Shelves, Vinyl Floor

Property

Property Type
Condo Apt
Style
Apartment
Community
Mimico
Municipality
Toronto

Building

Size
3250-3499 sqft
Construction
Concrete

Inside

Bedrooms
3+1
Bathrooms
3
Bathroom Details
1 × 4pc Main, 1 × 3pc Main, 1 × 2pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Jane StationTTC subway: Line 2 Bloor-Danforth2.3 km
Runnymede StationTTC subway: Line 2 Bloor-Danforth2.3 km
Mimico GOGO Transit train: Lakeshore West2.6 km
High Park StationTTC subway: Line 2 Bloor-Danforth2.6 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth2.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Around it

Condo Apt in Mimico

Active listings only, today.

Condos for sale in Mimico right now

For sale now
227
Median asking price
$649K

Middle half: $540K to $799K

New in 7 days
19

75 in 28 days

Price cuts
21%

48 listings

This home is asking 176% above the median, higher than three quarters of them.

See all homes in Mimico

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningRA (x25)Residential Apartment zone (RA) · Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(25)
  • PermitsNone on fileNo building permits on file at this address.
  • Signals nearby2 to note1978 LAKE SHORE BLVD W, Site plan, 600 m away · 125 THE QUEENSWAY, Official plan or zoning amendment, 660 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 210 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record1 building permit issued within 250 m in the last 2 years
  • airportOn recordNearest airport: 5.6 km
  • parcelOn recordMapped parcel: about 205,310 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 2 test or monitoring holes also recorded.
  • npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is City of Toronto — Humber Treatment Plant, 610 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 90 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Land transfer tax on this home

Ontario land transfer tax
$32,235
Toronto municipal land transfer tax
$32,235
Total land transfer tax
$64,470
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$55,995
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,788,000
$27,760
Ontario total
$32,235

Toronto’s municipal tax uses the same brackets at this price, so it adds another $32,235.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • St Mark Catholic SchoolToronto CDSBCatholic · grades JK–861%Grade 6 average1.4 km
  • Swansea Junior and Senior Junior and Senior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion79%Grade 6 average1.4 km
  • Étienne Brûlé Junior SchoolToronto DSBPublic · grades JK–579%Grade 3 average1.4 km
  • ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–887%Grade 6 average2.7 km

SecondaryGrade 9 math 2024–25

  • Etobicoke School of the ArtsToronto DSBPublic · grades 9–1268%Grade 9 math2.4 km
  • Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion81%Grade 9 math2.6 km
  • The Student SchoolToronto DSBPublic · grades 9–12—2.8 km
  • ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1269%Grade 9 math3.6 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$1,788,000

A month, all in

$12,630

  • Mortgage$8,158
  • Property tax$669
  • Condo or maintenance fee$3,803

A planning figure, not a quote.

Land transfer tax

$64,470

$55,995 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$6,000

a month, median asking rent of 5 similar homes in Mimico.

Community

Who lives around it

Similar homes

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For sale nearby at a similar price.

Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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