Palace Pier

1 - About Palace Pier

• Address: 2045 Lake Shore Blvd W, Etobicoke
• Neighbourhood: Mimico / Humber Bay Shores
• Storeys: 45
• Units: 433
• Year Built: 1978
• Builder: Bramalea
• Building Type: High-Rise Condo
• Suite Sizes: 888 sqft – 3,303 sqft
• Average Price: $702 / sq. ft.

2 - Overview of Palace Pier

Palace Pier stands as a distinctive 45-storey cruciform tower designed by E.I. Richmond Architects. Upon its built in 1978, this architectural landmark became the tallest residential building in Canada and pioneered luxury condominium living in the country. The design departed significantly from the typical modular apartment layouts of its era.

The building's aesthetic draws inspiration from European palace architecture, evident in its marble lobby and sweeping grand staircase. The cruciform footprint was strategically chosen to maximize corner exposures, ensuring optimal natural light throughout the residences.

Located at the mouth of the Humber River, the site carries historical significance as the former location of an amusement pier that operated from the 1920s until fire claimed it in 1963. Today, Palace Pier serves as a prominent landmark marking the western boundary of the Humber Bay Shores waterfront community.

3 - Suite Sizes & Value

Residences at Palace Pier range from 888 square feet to 3,303 square feet, with select combined units expanding to an impressive 6,470 square feet. These generous floor plans offer substantially more living space than contemporary developments typically provide.

Average Price: $702 / sq. ft.

The spacious layouts accommodate full-sized furniture collections and formal entertaining areas, reflecting the luxury lifestyle standards of the era. Residents enjoy commanding views of Lake Ontario and Toronto's skyline, including perspectives of the CN Tower from many suites.

4 - Building Amenities & Features

• Security and Concierge: 24-hour concierge service and comprehensive security system featuring CCTV monitoring and individual suite alarms
• Private Transportation: Exclusive shuttle bus service connecting residents directly to Union Station
• Fitness and Recreation: Indoor swimming pool, sauna facilities, and fully equipped fitness centre
• Athletic Facilities: Professional-grade squash courts and on-site tennis courts for residents
• Social Spaces: Penthouse-level party room, in-house restaurant, and convenience store
• Outdoor Amenities: Rooftop barbecue area equipped with five grills and ten picnic tables plus lounge seating
• Visitor Services: On-site guest suites available for resident visitors
• Inclusive Maintenance: All-inclusive maintenance fees covering heat, hydro, and water utilities

5 - Location Highlights

• Waterfront Access: Direct access to Lake Ontario shoreline and the scenic Waterfront Trail system
• Parkland: Immediate proximity to Humber Bay Park with its commemorative historical features
• Retail and Groceries: Convenient access to Loblaws and various retail establishments along The Queensway
• Regional Shopping: Short distance to Sherway Gardens shopping centre for comprehensive retail needs
• Transit and Access: Strategic location near Gardiner Expressway with dedicated resident shuttle service

6 - Lifestyle Near Palace Pier

Palace Pier caters to discerning residents who appreciate the refined elegance of 1970s luxury living combined with modern security standards. The building's comprehensive on-site management approach creates a self-contained lifestyle where utilities and services are seamlessly coordinated.

The waterfront location provides residents with immediate access to recreational trails and natural settings for active pursuits. While the Etobicoke setting offers tranquility away from downtown congestion, the private shuttle service maintains convenient connectivity to Toronto's core business district.

7 - About the Developer

Palace Pier was developed by Bramalea Limited under the direction of Max Tanenbaum, an accomplished businessman with extensive experience in steel and construction industries. Tanenbaum's vision extended beyond this project to include other notable developments such as the Sutton Place Hotel.

Through Palace Pier, Bramalea Limited established new benchmarks for construction quality and luxury amenities in Canada's high-rise residential market. The development's enduring appeal reflects the developer's commitment to creating lasting value in Toronto's condominium sector.