2045 Lake Shore Blvd W 1612

Mimico, Etobicoke, M8V 2Z6
FOR SALE
$889,000
2045 Lake Shore Blvd W 1612, Etobicoke
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
2045 Lake Shore Blvd W 1612
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W9053564
MLSID
Contact Us
Property Description
Welcome to the iconic Palace Pier! This spacious, 1550 sq ft suite offers breathtaking panoramic views across lush treetops, the city skyline, and Lake Ontario while featuring two generously sized bedrooms, with the primary bed having a 5-piece ensuite and an oversized closet. The first-class amenities include a 24-hour concierge, valet parking, a restaurant, a free shuttle to downtown, a gym, a spa, a large saltwater pool, and tennis courts, to name a few. Luxury lifestyle, conveniently located with waterfront trails, shops, and restaurants, transit across the street, and direct access to the Gardiner and Lake Shore Blvd for easy commuting.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-13 2024-03-28 15 $869,900 $877,400 Sold
2024-03-13 2024-03-28 15 $869,900 $877,400 Sold
2024-02-21 2024-03-13 21 $929,000 - Terminated
2024-01-25 2024-02-23 29 $969,000 - Terminated
Extras
Excellent building amenities include 1 parking space and 1 storage locker, Tenant Vacating Sept. 5th.
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$3,118 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Radiant
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B2 -195)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
FoyerMain37.99' x 4.49'Tile Floor, Closet, 3 Pc Bath
LivingMain27.10' x 17.26'Broadloom, Combined W/Dining
DiningMain27.10' x 17.26'Broadloom, Combined W/Living, Se View
KitchenMain10.66' x 8.50'Tile Floor, Combined W/Laundry, Separate Rm
BreakfastMain9.32' x 9.32'Tile Floor
Prim BdrmMain10.99' x 15.68'Hardwood Floor, Large Window, Large Closet
2nd BrMain8.99' x 12.40'Broadloom, Large Window, Closet
Etobicoke Market Statistics
Etobicoke Price Trend
2045 Lake Shore Blvd W 1612 is a 2-bedroom 2-bathroom condo listed for sale at $889,000, which is $122,667 (16.0%) higher than the average sold price of $766,333 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom condo in Etobicoke declined by $21,110 (2.7%) compared to the previous 30 day period (July 9 - August 7) and down $23,860 (3.0%) from the same time one year ago.
Inventory Change
There were 1,153 2-bedroom condos listed in Etobicoke over the last 30 days (August 8 - September 6), which is down 13.5% compared with the previous 30 day period (July 9 - August 7) and up 2.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Etobicoke typically sold ($17,498) (2.3%) below asking price over the last 30 days (August 8 - September 6), which represents a $1,786 increase compared to the previous 30 day period (July 9 - August 7) and ($12,082) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Etobicoke over the last 30 days (August 8 - September 6) stood at 38.3%, up from 35.4% over the previous 30 days (July 9 - August 7) and down from 43.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Etobicoke stood at 30 days when successfully sold over the last 30 days (August 8 - September 6), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Wallace Taylor Realty Inc.
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