Welcome to award-winning Palace Pier in the heart of Humber Bay Shores! Situated high above the waterfront on the 35th floor, this rarely available, exceptionally spacious 3,257 sf residence captures breathtaking panoramic views of Lake Ontario and the Toronto skyline through expansive, floor-to-ceiling windows in every principal room. This extraordinary suite showcases a massive combined living and dining room with marble floors, a striking stone water feature, andwalls of windows & an enclosed balcony overlooking the lake, a family-sized kitchen with white cabinetry and centre island, a coveted family room with built-ins and sweeping, unobstructed waterfront views, three generous bedrooms including a refined primary retreat with wall-to-wall windows framing the lake, an oversized walk-in closet, a private enclosed balcony and a 4-piece ensuite, a dedicated office with lake views and built-in bookshelves, a second full bathroom, a convenient powder room, ensuite laundry and multiple storage closets. Well maintained and comfortable to enjoy as it is, this suite also offers the opportunity to renovate and personalize to your taste. Two parking spaces and one locker included. Set on nine acres of land, Palace Pier is renowned for its state of the art amenities, including 24-hour concierge and security, valet parking, a complimentary private shuttle to Union Station and Sherway Gardens, indoor saltwater pool, hot tub, sauna, fitness and yoga studios, tennis and squash courts, golf simulator, putting green, rooftop entertaining space, party room, billiards room, guest suites and more! All-inclusive maintenance fees add to the convenience of waterfront living at Palace Pier. Steps to waterfront trails, parks, marinas, restaurants and cafes, with easy access to downtown Toronto, TTC and major highways. A distinctive waterfront residence offering impressive proportions, panoramic vistas and resort-style amenities in one of Toronto's most recognized condo residences.
3 bedrooms, 2 bathrooms, about 3,250 sq ft, works out to roughly $550 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 2045 Lake Shore Blvd W #3507
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
3250-3499 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
2045 Lake Shore Blvd W #3507 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13820704$1,788,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2045 Lake Shore Blvd W #3507 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,784
/mo
based on the purchase price of $1,788,000
$357,600 cash
$1,430,400 financed
$1,204,772 total interest
Principal54%$1,430,400
Interest46%$1,204,772
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $1.8M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5149.6%On average, homes sold at or above asking.
Active listings12,617Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 9,206 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale at 2045 Lake Shore Blvd W — plus its sale and lease history.
How much is 2045 Lake Shore Blvd W #3507 listed for?
2045 Lake Shore Blvd W #3507 is listed at $1,788,000 (MLS® W13820704). Summitly updates the price as soon as the MLS® record changes.
Is $1,788,000 a good price for 2045 Lake Shore Blvd W #3507?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2045 Lake Shore Blvd W #3507 changed?
No — 2045 Lake Shore Blvd W #3507 is still listed at its original asking price of $1,788,000.
How many bedrooms and bathrooms does 2045 Lake Shore Blvd W #3507 have?
2045 Lake Shore Blvd W #3507 has 3 bedrooms and 2 bathrooms, with about 3,250–3,499 square feet of living space. It is a condo in Toronto.
Is 2045 Lake Shore Blvd W #3507 close to transit?
The nearest rapid-transit station is Jane Station (Line 2), about 2.2 km in a straight line. Runnymede Station is about 2.3 km, and Mimico GO Station is about 2.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 2045 Lake Shore Blvd W #3507?
About $8,784 a month — principal and interest on $1,788,000 with 20% down ($357,600), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2045 Lake Shore Blvd W #3507 compare with other homes in Toronto?
Its asking price of $1,788,000 is about 113% above the median sold price in Toronto over the last 90 days, $840,000, across 9,206 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2045 Lake Shore Blvd W #3507 been sold before?
Summitly has no earlier MLS® sale or lease of 2045 Lake Shore Blvd W #3507 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2045 Lake Shore Blvd W #3507?
2045 Lake Shore Blvd W #3507 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2045 Lake Shore Blvd W #3507 been on the market?
48 days — 2045 Lake Shore Blvd W #3507 was listed on September 23, 2026.
What is the price per square foot of 2045 Lake Shore Blvd W #3507?
About $511 to $550 per square foot: the asking price of $1,788,000 over the 3,250–3,499 sq ft the listing gives as its size range.
Does 2045 Lake Shore Blvd W #3507 have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
