2045 Lake Shore Blvd W, unit 1606 for sale in Mimico - image #1
2045 Lake Shore Blvd WUnit 1606
Walk Score
59
Transit Score
76
Bike Score
69
© MapTiler © OpenStreetMap
0
CONDO Demand
Average
Unit Availability
Average
Property Type
Condo
Developer
Bramalea Limited
Condo Completion
1978
Property Management
Crossbridge Condominium Services Ltd.
Unit Size Range
874 - 4500 SQFT
Number of Units
433
Number of Storeys
45
List Price
$699,000
Sold per SQFT for
$435/sqft
Total Days on Market
31
Maintenance
$1,350/mth
Taxes
$3,173
Property Type
Condo
CONDO Demand
Average
Unit Availability
Average
Locker
No
Parking
No
Outdoor Space
Enclosed
Exposure
South West
MLS Restricted Listing
Free account required. or to see all the details.

2045 Lake Shore Blvd W | Unit #1606 at The Palace Pier Condos

Market Temperature
Buyer's Market
Balanced
Seller's Market

Room Dimensions

MLS Restricted Listing
Free account required. or to see all the details.

Maintenance Fees Cover

Maintenance Fees Include

Hydro
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance

Owner Pays Separately

None

Amenities

Business Centre
Rooftop Deck/Garden
Party/Meeting Room
Guest Suites
Gym
Underground Parking
Games Room
Visitor Parking
Indoor Pool
Concierge
Tennis Court

Listing History for Unit 1606

MLS Restricted Listing
Free account required. or to see all the details.

Stats, Trends & Rankings

Price Per Square Foot
The Palace Pier Condos vs The Mimico Area

$257.00
Less Expensive
per SQFT compared to the neighbourhood average
The Palace Pier Condos's Avg
price per SQFT
$612
/ SQFT
Neighbourhood Avg
price per SQFT
$869
/ SQFT

Building Trends At The Palace Pier Condos

Days on Market

Units at The Palace Pier Condos spend an average of
22
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
3%
below
the list price.

Offer Competition

Condos in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
16.3
YEARS before being sold again

Property Value

0%
Increase in property value within the past twelve months

Price Ranking

40th
Highest price per SQFT out of 50 condos in the Mimico area

Sold Units

16
Units were Sold over the past twelve months

Rented Units

9
Units were Rented over the past twelve months

Best Value

The Palace Pier Condos offers the
?
best value out of 50 condos in the Mimico neighbourhood

Return on Investment

The Palace Pier Condos has the
?
highest ROI out of 50 condos in the Mimico neighbourhood

Rental Yield

The Palace Pier Condos yields the
?
highest rent prices out of 50 condos in the Mimico neighbourhood

High Demand

The Palace Pier Condos is the
?
most popular building out of 50 condos in the Mimico neighbourhood

Sales vs Rental Values For This Condo

1 Bed910 - 1452 SQFT
Average Cost Per Sqft$756
Sales Price Range$550,000 - $1,085,000
Rental Price Range$2,900 - $2,900
2 Bed1250 - 1550 SQFT
Average Cost Per Sqft$635
Sales Price Range$769,000 - $1,500,000
Rental Price Range$3,000 - $3,800
2 Bed + Den1380 - 1380 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$3,550 - $3,550
3 Bed3242 - 3242 SQFT
Average Cost Per Sqft$523
Sales Price Range$1,484,000 - $1,484,000
Rental Price Range
N/A
3 Bed + Den2700 - 3257 SQFT
Average Cost Per Sqft$519
Sales Price Range$1,175,000 - $1,775,000
Rental Price Range$5,100 - $5,600

How Often Are Units Listed?

1 Bed900 - 1550 SQFT
Average Sales Availability
Every127Days
Average Rental Availability
Every362Days
Ratio of Unit Type in Building14%
2 Bed1167 - 2000 SQFT
Average Sales Availability
Every27Days
Average Rental Availability
Every78Days
Ratio of Unit Type in Building52%
2 Bed + Den1380 - 2750 SQFT
Average Sales Availability
Every448Days
Average Rental Availability
Every728Days
Ratio of Unit Type in Building4%
3 Bed1850 - 3350 SQFT
Average Sales Availability
Every69Days
Average Rental Availability
Every137Days
Ratio of Unit Type in Building17%
3 Bed + Den1250 - 3595 SQFT
Average Sales Availability
Every102Days
Average Rental Availability
Every321Days
Ratio of Unit Type in Building16%

Maintenance Fees
The Palace Pier Condos vs The Mimico Area

$0.24
More Expensive
per SQFT compared to the neighbourhood average
The Palace Pier Condos's Avg
monthly maintenance
fee per SQFT
$0.99
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.75
/ SQFT

Travel Times

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