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$1.30M · 3 bed Condo Apartment · Mimico, Toronto | MyPropertyScout

$1,299,999

Unit 2904

29 DOM

3329d

Map

DOM 29

$1,299,999

DOM29days

Unit 2904

Palace Pier · 2045 Lake Shore Boulevard · Toronto · Ontario M8V 2Z6

MLS® W13220606 · Mimico · M8V 2Z6

33Vacant2750-2999 ft²Condo Apartment2-car Underground29d$452/ft²$5,693 tax/yr

Neighbourhood Range

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Presenting unmatched, outstanding value at approximately $465 per sq ft and all-inclusive luxury living for only $1.11/sq ft condo fees. A rare opportunity to own exceptional space, value and lifestyle rarely seen in Toronto's luxury waterfront market. Welcome to Suite 2904 at Palace Pier - an extraordinary 3-bedroom, 3-bath residence offering 2,777 sq ft of beautifully appointed living space. This expansive residence delivers the scale and comfort of a home with the convenience of elevated cond…

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Property details

MLS#: W13220606
Status: Buy Now
Beds: 3
Baths: 3 full, 0 half
Size: 2750-2999
Style: 2-Storey
Type: Condo Apartment
Year built: —

Property features: Electric Car Charger, Public Transit, School Bus Route, Waterfront, Lake Access, Park

View: Park/Greenbelt, River, Trees/Woods, Water, City

Water view: Partially Obstructive
Water body: Lake Ontario
Shoreline: Natural
Waterfront features: Not Applicable

Building name: Palace Pier
Condo corp #: 382
Balcony: Open
Locker: Owned
Association amenities: Guest Suites, Gym, Indoor Pool, Party Room/Meeting Room, Visitor Parking, Tennis Court
Fees include: Building Insurance Included, Common Elements Included, Cable TV Included, Water Included, Parking Included, Heat Included, Hydro Included, CAC Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Water
Heating fuel: Other
Cooling: Central Air
Fireplaces: —
Exterior: Concrete · Controlled Entry, Hot Tub, Landscape Lighting, Landscaped, Lawn Sprinkler System, Lighting, Patio, Privacy, Recreational Area, Year Round Living
Fronting on: —
Cross street: Parklawn & Lake Shore Blvd W
Basement: None
Stories: 28
Utilities: —
Laundry: Ensuite
Interior: Built-In Oven, Carpet Free, Countertop Range, Storage Area Lockers, Storage
Parking features: —

Rooms

Level	Room	Dimensions
Main	Foyer	4.7m × 5.5m
Main	Kitchen	3.66m × 5.36m
Main	Dining Room	4.88m × 6.4m
Main	Living Room	3.95m × 7.9m
Upper	Primary Bedroom	5.97m × 7.41m
Upper	Bedroom 2	4.28m × 5.7m
Upper	Bedroom 3	2.6m × 4m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ROYAL LEPAGE SIGNATURE REALTY

Source: TRREB/PROPTX · MLS® W13220606

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$1.30M

Unit 2904 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,299,999✓ $5,693 tax✓ Other✓ 2750-2999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$12,391/mo

incl. closing costs (yr 1)

Annual total

$148,698

year 1

Mortgage only

$4,932/mo

principal + interest

Beyond mortgage

$5,128/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$260,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$474/mo

Utilities

Hydro / electricity$111/mo

≈ $0.07/ft² × ~2,875 ft² · ON avg ~$111/mo · assumes gas heat

Other$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$13,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$259/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$22,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)40% $59,182/yr

Property taxes19% $28,168/yr

Utilities3% $4,388/yr

Insurance & security1% $1,600/yr

Maintenance9% $13,000/yr

Condo fees25% $37,260/yr

Closing costs3% $5,100/yr

Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$59,182	$4,932/mo
Government & taxes
Property tax	$5,693	$474/mo
Land transfer tax(closing)	$22,475	$1,873/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,328	$111/mo
Other	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$13,000	$1,083/mo
Condo fees
Condo / HOA fees	$37,260	$3,105/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$148,698	$12,391/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 2904

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs