2045 Lake Shore Blvd W #1605, Toronto

Name: 2045 Lake Shore Boulevard W, Unit 1605
SKU: W13825908
Price: 729000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 1605 at 2045 Lake Shore Boulevard West

Welcome to Suite 1605 at The Palace Pier. Located in the coveted Humber Bay Shores, this spacious, light-filled unit offers breathtaking views of Lake Ontario and Toronto's skyline from nearly every room. The open layout blends comfort and function with expansive living and dining areas, oversized windows, and clean modern finishes. The kitchen is stylish and efficient, featuring tile floors, quartz counters, a sleek backsplash, and a new dishwasher. The bedroom is a calm retreat with a custom walk-in closet and a 3-piece ensuite outfitted with double mirrored doors and built-in cabinetry. Every window is fitted with sunshade treatments, and the unit includes a front-load European washer and dryer for added convenience. The Palace Pier is more than just a residence; its a lifestyle. Enjoy a full suite of five-star amenities: 24-hour concierge and valet, indoor pool, gym, tennis and squash courts, spa, sauna, private restaurant, shuttle service, guest suites, and a panoramic lakefront lounge. Named 2020 Condo of the Year, the building is celebrated for its strong community, prestige, and exceptional service. Step outside and onto the Martin Goodman Trail, a scenic waterfront path that seamlessly connects residents to downtown Toronto by bike or on foot. The trail also links to many of Toronto's beautiful waterfront parks, making it a perfect route for picnics, outdoor activities, and enjoying the city's natural beauty. The surrounding area is home to high-end restaurants, trendy cafes, marinas, parks, and convenient grocery options. With quick access to the QEW, Highway 427, and the TTC Humber Loop, getting downtown or around the city is a breeze. This isn't just a condo, its turnkey waterfront living at one of Toronto's most iconic addresses. Discover what it means to live at The Palace Pier.

1 bedroom, 1 bathroom, about 800 sq ft, works out to roughly $911 per square foot, the bed-to-bath ratio is generous. 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 #1605

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 800-899 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

2045 Lake Shore Blvd W #1605 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 24, 2026For saleListedThis listingMLS® W13825908$729,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 2045 Lake Shore Blvd W #1605 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,084,334
Average days on market: 32
Homes sold: 9,206

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
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 listings12,618Homes 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.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1605 — 2045 Lake Shore Boulevard W 1 bd · 1 ba · 800 sqft	$729,000asking	$911	—	—
15 Viking Lane 1 bd · 1 ba · 600 sqft
180 University Avenue 2 bd · 2 ba · 1,600 sqft
35 Hollywood Avenue 2 bd · 2 ba · 1,000 sqft
403 Church Street 2 bd · 2 ba · 700 sqft
50 Charles Street 2 bd · 1 ba · 600 sqft
150 Sudbury Street 1 bd · 1 ba · 600 sqft

15 Viking Lane
1 bd · 1 ba · 600 sqft
180 University Avenue
2 bd · 2 ba · 1,600 sqft
35 Hollywood Avenue
2 bd · 2 ba · 1,000 sqft
403 Church Street
2 bd · 2 ba · 700 sqft
50 Charles Street
2 bd · 1 ba · 600 sqft
150 Sudbury Street
1 bd · 1 ba · 600 sqft

More in this building

6 for sale at 2045 Lake Shore Blvd W — plus its sale and lease history.

See all of 2045 Lake Shore Blvd W

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Jane StationLine 22.2 km
Runnymede StationLine 22.3 km
Mimico GO StationLakeshore West GO2.4 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Jane Station (Line 2)2.2 km
Runnymede Station (Line 2)2.3 km
Mimico GO Station (Lakeshore West GO)2.4 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Jane Station
2.2 kmClosest· Line 2
Homes near Jane Station
Runnymede Station
2.3 km· Line 2
Homes near Runnymede Station
Mimico GO Station
2.4 km· Lakeshore West GO
Homes near Mimico GO Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 2045 Lake Shore Blvd W #1605. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 2045 Lake Shore Blvd W #1605

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,581; 20% down · 25 years · 5.5% assumed
Property tax: $401; 0.66% mill rate · ON
Total per month: $3,982; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,581

/mo

based on the purchase price of $729,000

Down payment20%

$145,800 cash

Amortization25 yr

$583,200 financed

Rate5.50%

$491,207 total interest

Principal54%$583,200

Interest46%$491,207

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

Book a tour of 2045 Lake Shore Blvd W #1605 with a licensed buyer's agent

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Questions About 2045 Lake Shore Blvd W #1605

How much is 2045 Lake Shore Blvd W #1605 listed for?

2045 Lake Shore Blvd W #1605 is listed at $729,000 (MLS® W13825908). Summitly updates the price as soon as the MLS® record changes.

Is $729,000 a good price for 2045 Lake Shore Blvd W #1605?

Summitly rates it Fair Price: the asking price is Within 3% below to 5% above 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 #1605 changed?

No — 2045 Lake Shore Blvd W #1605 is still listed at its original asking price of $729,000.

How many bedrooms and bathrooms does 2045 Lake Shore Blvd W #1605 have?

2045 Lake Shore Blvd W #1605 has 1 bedroom and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Toronto.

Is 2045 Lake Shore Blvd W #1605 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 #1605?

About $3,581 a month — principal and interest on $729,000 with 20% down ($145,800), 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 #1605 compare with other homes in Toronto?

Its asking price of $729,000 is about 13% below 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 #1605 been sold before?

Summitly has no earlier MLS® sale or lease of 2045 Lake Shore Blvd W #1605 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 2045 Lake Shore Blvd W #1605?

2045 Lake Shore Blvd W #1605 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 #1605 been on the market?

47 days — 2045 Lake Shore Blvd W #1605 was listed on September 24, 2026.

What is the price per square foot of 2045 Lake Shore Blvd W #1605?

About $811 to $911 per square foot: the asking price of $729,000 over the 800–899 sq ft the listing gives as its size range.

Does 2045 Lake Shore Blvd W #1605 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

2045 Lake Shore Blvd W #1605, Toronto

What you should know

1 Bed, 1 Bath Condo in Toronto

Unit 1605 at 2045 Lake Shore Boulevard West