Unit 3606-2045 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13521842
About this home
This expansive approx 3,247 sq. ft. residence on the 36th floor of the prestigious Palace Pier offers stunning lake and city skyline views! As you enter the unit with the double door entry you will notice the elegant foyer and corridors featuring classic wainscoting, while marble and porcelain flooring flow throughout the suite.The open-concept kitchen is designed for both style and function, showcasing a marble peninsula, striking marble feature wall, and backsplash overlooking the breakfast area and family room with a built-in wall unit and a view of the Toronto Skyline! The main living area was converted to a fabulous great room which is ideal for entertaining, complete with a dining area, built-in bar, custom electric fireplace, and a bright solarium with a Juliette balcony. Floor-to-ceiling windows with automated blinds fill the space with natural light and showcase breathtaking views of Lake Ontario! The primary suite offers two spacious walk-in closets, a private solarium with Juliette balcony overlooking the lake and west view, a luxurious 5-piece ensuite, and a pop-up TV. The 2nd bedroom is currently used as an office/den. It was originally designed as a three-bedroom layout, two bedrooms have been transformed into a custom office/library with built-ins including 2 closets for hanging clothes and a fireplace, easily convertible back if desired. A truly exceptional home with a unique custom floor plan and refined, custom finishes throughout! Amenities include: Fitness and aerobics center, Restaurant, Club on 47th floor, media room, event kitchen stage for events, terraces, tennis court, putting green, squash courts, golf simulator Table tennis room billiards room Party Room, convenience store, spa, arts and crafts room, childrens playroom , 24 hour concierge, 18 hour valet service, hourly bus service to downtown 6 days a week, 7 guest suites, large indoor swimming pool with whirlpool and sauna, EV Chargers available for use, pets allowed with restrictions.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13521842
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 3250-3499
- Cross streets
- Park Lawn/Lakeshore Rd.
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Water
- A/C
- Central Air
- Exterior
- Concrete Block, Concrete Poured
- Maintenance
- $3,803/mo
- Exposure
- South
- Property tax
- $8,476 / 2026
- Days on market
- 19
- Listing brokerage
- Century 21 Miller Real Estate Ltd.
Rooms
b/i bookcase · fireplace
Walk-In Closet(s)
5 Pc Ensuite
Walk-In Closet(s)
b/i appliances · breakfast area
5 pc ensuite · closet organizers · juliette balcony
2 Pc Bath
3 Pc Bath
b/i bookcase · combined w/kitchen
combined w/dining · fireplace · wet bar
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Étienne Brûlé Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 1 closest active listing nearby.
See all comparable homesThis home lists 36% below the area average of $909/sqft.
18 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mimico, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,560,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,325
- Property tax
- $706
- Condo / maintenance fees
- $3,803
- Heating
- $0
- Estimated monthly cost
- $12,834
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $35,475
- Toronto municipal land transfer tax
- $35,475
- Estimated closing costs
- $70,950
Plus your down payment of $390,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $499,484
- Principal paid down
- $198,666
- Interest paid
- $300,818
- Balance remaining
- $1,361,334
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Century 21 Miller Real Estate Ltd.. MLS®/PropTx.