Palace Pier

Palace Pier is a landmark condominium at the southeast corner of Lake Shore Blvd West and Palace Pier Court in Toronto’s Mimico neighbourhood. Completed in 1978 by Bramalea Limited, this 45-storey building offers stunning lake views and a broad range of amenities that enhance everyday living.

Prime Location & Lifestyle

Located along Lake Shore Blvd West, Palace Pier is convenient for transit, with a bus service to Union Station, and is close to shops, restaurants, and recreational areas. Moreover, lakeside living provides premium views for residents, while nearby walking paths and parks offer ample opportunities for outdoor leisure.

Building & Amenities

From its inception, Palace Pier prioritized residents’ comfort. For example, the building includes:

• A swimming pool and sauna
• A fully equipped gym and squash courts
• 24-hour concierge and security
• Valet parking and guest suites
• A party room at the top of the building for events
• An in-house convenience store

In addition, the building’s rooftop spaces and landscaped areas make it ideal for social gatherings and relaxation.

The Suites

Palace Pier offers 433 suites ranging from 888 to 3,190 sq. ft. Furthermore, many units feature open-concept layouts and large windows that let in natural light, while select suites boast private balconies with lake views. Maintenance fees of $1.14 per sq. ft. cover heat, hydro, water, and common areas, adding strong value for residents.

In terms of pricing, the average cost per square foot is $592, and units typically spend 32 days on the market, selling slightly below listing price. Therefore, these condos remain a stable option for both homeowners and investors.

Market Insights

Palace Pier consistently ranks among Etobicoke’s most prestigious condos. Consequently, it attracts buyers who seek spacious suites, top-notch amenities, and lakeside living. Over the past year, 16 units sold and 14 rented, reflecting consistent demand.

In summary, Palace Pier at 2045 Lake Shore Blvd W combines lakeside luxury, extensive amenities, and a prime location. Additionally, residents enjoy easy access to transit, outdoor recreation, and the lake, making this a top choice for Mimico condos.