Palace Pier

Palace Pier is a 45-storey waterfront residential tower at 2045 Lake Shore Boulevard West in Toronto's Mimico neighbourhood, completed in 1978. The building features approximately 1,757 square feet per unit on average, with recent sales ranging around $965,000 to $1,075,000, while monthly condo fees average roughly $2,200. Situated on nine landscaped acres along Lake Ontario with panoramic views, the building offers premium amenities including a concierge, indoor pool, tennis and squash courts, a private spa, and complimentary shuttle service to downtown. Located near Humber Bay Park and within easy reach of restaurants, cafes, and grocery stores, Palace Pier provides a waterfront lifestyle just 15 minutes from the Financial District. Before finalizing a purchase, obtain and have a real estate lawyer and accountant review the status certificate, reserve fund study, financial statements, board minutes, and building insurance to understand the financial health and any upcoming major repairs.