43.6313° N · 79.4736° W — Mimico, Toronto — MLS® #W13825908
1605-2045 Lake Shore Blvd
$729,000
Mimico, Toronto, Ontario M8V 2Z6
- 1
- BedroomsBeds
- 1
- BathroomsBaths
- 800-899 sqft800-899
- SizeSq ft
Inquire about this listing
In short · from the listing record
1605-2045 Lake Shore Blvd is a 1-bedroom, 1-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $729,000 (MLS® W13825908).
Welcome to Suite 1605 at The Palace Pier. Located in the coveted Humber Bay Shores, this spacious, light-filled unit offers breathtaking views of Lake Ontario and Toronto's skyline from nearly every room. The open layout blends comfort and function with expansive living and dining areas, oversized windows, and clean modern finishes. The kitchen is stylish and efficient, featuring tile floors, quartz counters, a sleek backsplash, and a new dishwasher. The bedroom is a calm retreat with a custom walk-in closet and a 3-piece ensuite outfitted with double mirrored doors and built-in cabinetry. Every window is fitted with sunshade treatments, and the unit includes a front-load European washer and dryer for added convenience. The Palace Pier is more than just a residence; its a lifestyle. Enjoy a full suite of five-star amenities: 24-hour concierge and valet, indoor pool, gym, tennis and squash courts, spa, sauna, private restaurant, shuttle service, guest suites, and a panoramic lakefront lounge. Named 2020 Condo of the Year, the building is celebrated for its strong community, prestige, and exceptional service. Step outside and onto the Martin Goodman Trail, a scenic waterfront path that seamlessly connects residents to downtown Toronto by bike or on foot. The trail also links to many of Toronto's beautiful waterfront parks, making it a perfect route for picnics, outdoor activities, and enjoying the city's natural beauty. The surrounding area is home to high-end restaurants, trendy cafes, marinas, parks, and convenient grocery options. With quick access to the QEW, Highway 427, and the TTC Humber Loop, getting downtown or around the city is a breeze. This isn't just a condo, its turnkey waterfront living at one of Toronto's most iconic addresses. Discover what it means to live at The Palace Pier.
Listing readings
How it measures up
Scores from the listing record and the market around it.
71Good
Condition score
1 documented update signal
Listing age, structured features and disclosed update language; not an inspection.
11Shortfall
Cash flow quality
−$2,293/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 49 condos with 1 bedroom 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
- $2,686 / 2026
- MLS® number
- W13825908
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Time on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Listing activity for 1605-2045 Lake Shore Blvd, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $729,000 | N/A | For Sale | W13825908 |
Inside
Room by room
From the listing.
- Living4.87 × 4.59 mCombined W/Dining, Open Concept, hardwood floor
- Kitchen2.79 × 4.26 mB/I Appliances, Backsplash, Tile Floor
- Dining4.21 × 3.51 mCombined W/Living, Window Flr to Ceil, W/O To Balcony
- Br4.89 × 2.93 m3 Pc Ensuite, W/I Closet, Large Window
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 3pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
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
| Station | Lines | Distance |
|---|---|---|
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 2.3 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 2.3 km |
| Mimico GO | GO Transit train: Lakeshore West | 2.6 km |
| High Park Station | TTC subway: Line 2 Bloor-Danforth | 2.6 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 2.7 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
- 228
- Median asking price
- $649K
- New in 7 days
- 20
- Price cuts
- 21%
Middle half: $540K to $799K
76 in 28 days
49 listings
This home is asking 12% above the median.
See all homes in MimicoAsking 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
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.
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.
Land transfer tax on this home
- Ontario land transfer tax
- $11,055
- Toronto municipal land transfer tax
- $11,055
- Total land transfer tax
- $22,110
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $13,635
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 $729,000
- $6,580
- Ontario total
- $11,055
Toronto’s municipal tax uses the same brackets at this price, so it adds another $11,055.
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.
A month, all in
$4,693
- Mortgage$3,326
- Property tax$224
- Condo or maintenance fee$1,143
A planning figure, not a quote.
Land transfer tax
$22,110
$13,635 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$2,400
a month, median asking rent of 49 similar homes in Mimico.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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