THE PALACE PIER

TORONTO'S PREMIER CONDOS AWAIT

These iconic buildings have been a symbol of luxury living in Toronto for over four decades, and their history is just as fascinating as their architecture. 

Let's explore the rich history of The Palace Pier and the evolution of these two landmark buildings over the years. We'll also detail the top reasons why The Palace Pier is a great place to call home, from its prime location in the Humber Bay Shores community to its top-notch amenities. Whether you're in the market for a new home or just curious about the history of this iconic building, this blog is a must-read. So, sit back, relax, and join us on a journey through the history of The Palace Pier.

History

TORONTO'S AMUSEMENT PIER

The site of the current Palace Pier was originally home to Toronto's amusement pier. This amusement pier is a fascinating piece of local history. Developed in the 1920s, the pier, which was once a hub of activity and entertainment, has since been replaced by the two beautiful condominiums, but its legacy lives on.

Palace Pier Aerial Humber Bay Shores

The amusement pier was a popular destination for locals and tourists alike. The pier was home to a variety of attractions, including a dance hall. Visitors could also enjoy carnival games, live music, and delicious food.

The amusement pier was originally developed by the Toronto Harbour Company, which was owned by William Mackenzie and Donald Mann, two Canadian railway magnates. They saw the pier as a way to capitalize on the growing popularity of amusement parks in North America and attract more visitors to the area.

Palace Pier Construction 1931

Over the years, the pier underwent several changes and additions; however, the pier faced several challenges, including a devastating fire in 1933, which destroyed many of the attractions.

Despite these setbacks, the amusement pier continued to attract crowds throughout the 1930s and 1940s. However, by the 1950s, changing trends in entertainment and the rise of the automobile led to a decline in visitors. Although efforts were made in the 1950s to revitalize the pier with a substantial renovation project, its attendance continued to decline. Consequently, it was repurposed as a bingo hall and rented out for private events. However, it all came to an end on January 7, 1963, as the entire structure was destroyed by a fire set by an arsonist. Since rebuilding the entire pier was too costly at that time, it was eventually demolished.

Today, the Palace Pier is a beautiful residential complex that offers stunning views of Lake Ontario and the Toronto skyline. The pier's legacy, however, is not forgotten. The buildings are named Palace Pier in honour of the renowned amusement facility. Also, the developers of the first tower, Palace Pier, worked to preserve several artifacts from the amusement pier, including the pier's original gates, which can be seen in Palace Pier's lobby. In addition, the residents of the condominium generously donated a monument in honour of the original Palace Pier, which was installed on the west side of the Humber River footbridge. Interestingly, the monument was crafted from one of the cement footings that were utilized during the pier's construction.

The Palace Pier

Palace Pier Condo

THE START OF THE LUXURY CONDOS

The first tower to be erected, Palace Pier, located at 2045 Lake Shore Blvd W in Etobicoke, has a rich history that dates back to the 1970s. This iconic waterfront building has been a symbol of luxury living in Toronto for over four decades. Here's a brief history of Palace Pier and its evolution over the years.

The Palace Pier Condo

As the first of two condominiums, Palace Pier condo was built in 1978 by Bramalea Ltd., a real estate development company known for its innovative and modern designs. At the time, Palace Pier condo was the largest residential building in Canada and was a significant landmark in the Toronto skyline. The 46-storey building was designed by Edward I. Richmond of E.I. Richmond Architects Ltd.

The original design of Palace Pier was inspired by European palaces, with a grand entrance, a marble lobby, and a sweeping staircase. The building was also equipped with state-of-the-art amenities for its time, including a squash court, a swimming pool, and a sauna. These luxurious features made Palace Pier a highly sought-after address for those looking for a premium waterfront lifestyle.

Over the years, Palace Pier has undergone several renovations and upgrades to keep up with the changing times. In the 1990s, the building underwent a $30 million renovation that included the addition of a rooftop terrace, a fitness center, and a 24-hour concierge service. In 2015, the building underwent another significant renovation that included upgrades to the common areas, landscaping, and amenities.

Today, Palace Pier remains a highly coveted address for those looking for luxury waterfront living in Toronto. As one of Humber Bay Shores' iconic buildings, it has retained its original grandeur and elegance while also offering modern amenities and conveniences. The location, views, and amenities of the Palace Pier make it a unique and exceptional place to call home.


Name: Palace Pier

Address: 2045 Lake Shore Blvd W, Etobicoke, ON M8V 2Z6

Condo Corp: York Condominium Corporation #382

Property Management: Crossbridge Condominium Services

Telephone (Front Desk): +1-416-252-7701

Google Info: CLICK HERE

Palace Place

A SECOND LUXURY TOWER

Palace Place condominiums is also a luxurious high-rise residential building located at 1 Palace Pier Court in the prestigious Humber Bay Shores neighbourhood of Etobicoke. It is the second condominium tower built in the 1990s and is renowned for its exceptional amenities and breathtaking views of Lake Ontario.

Palace Place Condo

It was built in 1993 by the Canadian real estate developer Bramalea Limited. The building stands 47 stories high and contains 429 units, ranging in size from one-bedroom suites to spacious three-bedroom penthouses.

Although both buildings, The Palace Pier and Palace Place, look very similar, they are both independently managed by separate property management companies. 


Name: Palace Place

Address: 1 Palace Pier Ct, Toronto, ON M8V 3W9

Condo Corp: MTCC #1053

Property Management: First Service Residential

Telephone (Front Desk): +1-416-503-1200

Google Info: CLICK HERE

Benefits of Living At These Towers

PALACE PIER & PALACE PLACE

If you're looking for a luxurious waterfront lifestyle in the heart of Etobicoke, The Palace Pier is the place for you. With its prime location within the Humber Bay Shores community, stunning views, and exceptional amenities, The Palace Pier is a highly sought-after community. Here are 5 reasons why The Palace Pier condominiums, Palace Pier and Palace Place are great places to live:

Waterfront Living: Palace Pier condos are situated right on the edge of Lake Ontario, offering residents breathtaking views of the water and the Toronto skyline. You can enjoy morning walks on the boardwalk, bike rides on the trails, and even take part in water activities like boating and kayaking. Living on the waterfront is a unique and rare opportunity that Palace Pier condominiums offer.

  • Exceptional Amenities: Palace Pier condos offer residents access to an array of top-notch amenities, including a fitness center, squash and tennis courts, indoor and outdoor pools, and a sauna. Additionally, there's a rooftop terrace where you can soak up the sun and enjoy the stunning views of the lake.

  • Prime Location: Palace Pier & Palace Place are located at the heart of the fabulous waterfront community of Humber Bay Shores in Etobicoke, close to everything you need for a convenient and fulfilling lifestyle. It's just a short drive away from downtown Toronto and also has easy access to major highways like the Gardiner Expressway and QEW. There are also many shopping and dining options nearby, including Sherway Gardens Mall and The Queensway.

  • Spacious and Luxurious Suites: Palace Pier & Palace Place offer residents spacious and luxurious suites ranging from one to three bedrooms. The majority of the units in Palace Pier have balconies or terraces, so you can enjoy the stunning views of the lake and Toronto skyline. Despite Palace Place having no balconies, the views are still breathtaking.

  • Strong Community: The Palace Pier condos are known for their strong community, where residents can socialize and form lasting friendships. There are plenty of social events and activities organized by the building management team, such as BBQs, yoga classes, and book clubs. The community is diverse and welcoming, making it easy to feel at home.

  • 24/7 Security: Palace Pier & Palace Place offer 24/7 security to ensure the safety of all residents. The building has a secure entry system, surveillance cameras, and on-site security personnel. You can feel at ease knowing that you and your belongings are safe and secure.

  • Concierge Services: The Palace Pier condos both have professional concierge teams that are available to assist residents with any needs or requests they may have. Whether you need help with reservations, packages, or maintenance requests, the concierge team is there to help make your life easier.

  • Pet-Friendly: Both Palace Pier condominiums are pet-friendly communities, allowing residents to keep their furry friends with them. There's even an on-site dog park where you can take your pup for some exercise and socialization. Living in a pet-friendly community is a significant benefit for those who have pets and don't want to leave them behind.

  • Green Spaces: Palace Pier & Palace Place have plenty of shared green spaces for residents to enjoy, including beautifully landscaped gardens and a park. These spaces provide a peaceful retreat from the hustle and bustle of the city and offer a space to connect with nature.

  • Resale Value: Buying a condo in The Palace Pier is an investment in your future. The buildings are well-maintained, and the location and amenities make it a desirable place to live. As a result, the resale value of the units tends to hold well over time, making it a smart investment.

Palace Pier & Palace Place

YOUR LUXURY LIFESTYLE AWAITS

The Palace Pier condominiums in Etobicoke offer an exceptional waterfront lifestyle with top-notch amenities, a prime location, and a strong community. It's a pet-friendly building with 24/7 security and professional concierge services, making it a safe and convenient place to call home.

Palace Pier Condos Skyline

Luxury Living on Toronto’s Waterfront

Connect with Fred to explore exclusive residences at Palace Pier.

If you're interested in learning more about Palace Pier or Palace Place and how you can make it your next home, contact me, Fred Renna, a leading real estate broker with extensive experience in Etobicoke & the Humber Bay Shores. I can provide you with more information about available listings and help you find the perfect unit that fits your lifestyle and budget. Contact me today to schedule a viewing!

THE ULTIMATE COMMUNITY GUIDE

Imagine having all the insider tips, local hot spots, and the best-kept secrets of this lakeside haven. Now you can with our comprehensive Community Guide for Humber Bay Shores.

Fill out the form to get your copy of this FREE guide and find out everything you need to know about this extraordinary community!

HBS Community Guide Form - Palace Pier

Buyer's Guide

Photo Gallery

The Palace Pier

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Quick Links To Everything You Need To Know

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Best Restaurants in Humber Bay Shores

Must Try Restaurants

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The Best Java at the Shores

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Humber Bay Shores Waterfront Festival

Humber Bay Shores' Summer Street Festival

Humber Bay Shores Farmers' Market

Fresh Delights in the Summer

Humber Bay Park

Two Iconic Parks To Enjoy

The Palace Pier

Humber Bay Shores' Timeless Luxury Residence

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Unrivalled Views of the Toronto Skyline

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Perched along the tranquil shores of Lake Ontario

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  • 1806 56 Annie Craig Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13593680

    1806 56 Annie Craig Drive Mimico Toronto M8V 0C8
    Main Photo: 1806 56 Annie Craig Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13593680
    $509,900
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13593680
    Bedrooms:
    1
    Bathrooms:
    1
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    Listed by RIGHT AT HOME REALTY
    FRED RENNA, MBA - BROKER | MCNE®, SRES®, SRS, CBW
    To access this listing,
    please create a free account

  • 1810 185 Legion Road N in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13591626

    1810 185 Legion Road N Mimico Toronto M8Y 0A1
    $399,500
    Residential Condo & Other
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    MLS® Num:
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    Listed by RE/MAX HALLMARK REALTY LTD.
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    1502 88 Park Lawn Road Mimico Toronto M8Y 0B5
    OPEN HOUSE: Jul 26, 2026
    02:00 PM - 04:00 PM EDT
    Open House on Sunday, July 26, 2026 2:00PM - 4:00PM
    Main Photo: 1502 88 Park Lawn Road in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13591952
    $499,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13591952
    Bedrooms:
    1
    Bathrooms:
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    Listed by RE/MAX PROFESSIONALS INC.
    FRED RENNA, MBA - BROKER | MCNE®, SRES®, SRS, CBW
  • 1313 155 Legion Road N in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13592364

    1313 155 Legion Road N Mimico Toronto M8Y 0A7
    Main Photo: 1313 155 Legion Road N in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13592364
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    MLS® Num:
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    Welcome to this bright and stylish 2 bedroom, 2 bathroom condo at the highly sought after iLofts, 155 Legion Rd N! Offering over 700 sq ft of thoughtfully designed living space, this unit features floor to ceiling windows that flood the home with natural light and create an open, airy feel. The contemporary kitchen is equipped with quartz countertops, stainless steel appliances, and a centre island, ideal for entertaining or everyday living. With no carpet throughout and a functional split bedroom layout, this suite blends modern finishes with smart design. Step out onto the spacious balcony and take in southeast facing views of the lake and city skyline, perfect for morning coffee or unwinding in the evening. A rare oversized parking spot accommodates two vehicles side by side, and a separate storage locker adds valuable convenience. Enjoy life in a vibrant waterfront community just minutes from Lake Ontario and Humber Bay Park, where tranquility meets convenience. Quick access to the Gardiner Expressway, GO Station, and TTC makes commuting a breeze, and cafes, restaurants, fitness studios, and shops are all within walking distance. Don't miss this opportunity to own a stunning unit in Mimico, one of Etobicoke's most desirable neighbourhoods! More details
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  • 1503 2087 Lake Shore Boulevard W in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13593254

    1503 2087 Lake Shore Boulevard W Mimico Toronto M8V 4G3
    Main Photo: 1503 2087 Lake Shore Boulevard W in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13593254
    $499,000
    Residential Condo & Other
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    MLS® Num:
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    Bathrooms:
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  • 1003 33 Shore Breeze Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13593552

    1003 33 Shore Breeze Drive Mimico Toronto M8V 1A1
    Main Photo: 1003 33 Shore Breeze Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13593552
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  • 905 39 Annie Craig Avenue in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13593582

    905 39 Annie Craig Avenue Mimico Toronto M8V 0H1
    Main Photo: 905 39 Annie Craig Avenue in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13593582
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    MLS® Num:
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  • Ph-2913 155 Legion Road in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13594124

    Ph-2913 155 Legion Road Mimico Toronto M8Y 0A7
    Main Photo: Ph-2913 155 Legion Road in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13594124
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  • 4503 2045 Lake Shore Boulevard W in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13595438

    4503 2045 Lake Shore Boulevard W Mimico Toronto M8V 2Z6
    Main Photo: 4503 2045 Lake Shore Boulevard W in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13595438
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    Residential Condo & Other
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    MLS® Num:
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    The iconic Palace Pier-an address synonymous with uncompromising waterfront prestige. Indulge in a rare offering of refined elegance, where sweeping north, west and east exposures frame uninterrupted vistas of the city skyline and shimmering lake beyond. This nicely appointed 3-4bedroom residence features a lavish ensuite retreat, complete with an expansive spa-inspired shower and a bespoke walk-in dressing room. The grand open-concept salon seamlessly unites living and dining areas, each vantage point curated to capture light, water, and skyline in perfect harmony. Experience a lifestyle defined by effortless opulence, where every detail is curated for the most discerning resident. Extras: A fully all-inclusive offering encompassing high-speed internet, Bell Fibe TV, and all utilities. Enjoy the privilege of white-glove valet service, 24-hour concierge, and an exceptional suite of resort-caliber amenities: fine dining establishment "Veloute" , a state-of-the-art fitness center, indoor salt pool, tennis court, exclusive downtown shuttle, golf putting green, curated retail conveniences, and indulgent spa services. Some images digitally staged. More details
    Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
    FRED RENNA, MBA - BROKER | MCNE®, SRES®, SRS, CBW
  • 2203 56 Annie Craig Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13586736

    2203 56 Annie Craig Drive Mimico Toronto M8V 0C8
    Main Photo: 2203 56 Annie Craig Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13586736
    $1,075,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13586736
    Bedrooms:
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    Bathrooms:
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    Luxury Waterfront Living at Its Finest. 1002+325 Sq Ft. 2 Bed, 2 Bath Condo with Breathtaking Views of Lake Ontario and Toronto Downtown Skyline! Welcome to your dream condo in the heart of Toronto's vibrant waterfront community! Perched on a high floor at the prestigious Lakeshore & Park Lawn location, this stunning 2-bedroom, 2-bath suite offers uninterrupted water views from the living room and a massive wrap-around balcony, perfect for morning coffees, evening sunsets, and entertaining guests in style. Step inside to find modern laminate flooring throughout, a spacious open-concept layout, and a sleek front-loading ensuite laundry for your convenience. The primary bedroom features a luxurious ensuite bathroom, adding a private retreat feel to your everyday life. Enjoy peace of mind and added convenience with one exclusive parking space and a dedicated locker. This upscale building is packed with resort-style amenities including: 24/7 Concierge, Indoor Pool & Spa, Fully equipped Gym, Elegant Guest Suites, Stylish Recreation/Party Room, and Ample Visitor Parking. With TTC transit right at your doorstep, and quick access to the Gardiner, downtown Toronto, trails, and the waterfront, you're perfectly positioned for work, play, and everything in between. Don't miss your chance to live in one of the most sought-after condo communities in the city! More details
    Listed by RE/MAX GOLD REALTY INC.
    FRED RENNA, MBA - BROKER | MCNE®, SRES®, SRS, CBW
  • 623 5 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13588432

    623 5 Marine Parade Drive Mimico Toronto M8V 4B4
    Main Photo: 623 5 Marine Parade Drive in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13588432
    $990,000
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13588432
    Bedrooms:
    2
    Bathrooms:
    2
    Welcome to a quiet boutique mid-rise sanctuary with forever-unobstructed panoramic views of the city skyline and Lake Ontario. As a coveted corner suite, this residence is wrapped in floor-to-ceiling windows, filling the suite with natural light and offering lake views from every room. Enjoy front-row moments of breathtaking sunrises, unforgettable sunsets, dazzling fireworks displays, and the annual air show - all from the comfort of home. The bright, open-concept split two-bedroom layout provides exceptional privacy. A generous balcony extends your living space outdoors, while an extra-large parking spot with two bike racks, EV charging in the building, plus a spacious locker, add everyday convenience. All-inclusive condo fees cover water, heat, electricity, and air conditioning, ensuring simple, predictable monthly living. Whether you're entertaining against a stunning waterfront backdrop or unwinding as the sun sets over the lake, this exceptional residence offers a lifestyle as inspiring as its views. More details
    Listed by HOMELIFE LANDMARK REALTY INC.
    FRED RENNA, MBA - BROKER | MCNE®, SRES®, SRS, CBW
  • 625 10 Park Lawn Road in Toronto: Mimico Condo Apartment for sale (Toronto W06) : MLS®# W13589938

    625 10 Park Lawn Road Mimico Toronto M8V 0H9
    Main Photo: 625 10 Park Lawn Road in Toronto: Mimico Condo Apartment for sale (Toronto W06)  : MLS®# W13589938
    $659,999
    Residential Condo & Other
    Status:
    Active
    MLS® Num:
    W13589938
    Bedrooms:
    3
    Bathrooms:
    2
    Welcome To Westlake Encore In The heart Of Humber Bay Shores. This Bright And Spacious 2-Bedroom + Den, Corner Suite Offers An Abundance Of Natural Light With Floor To Ceiling Windows, Unique 9'4" Ceilings, Custom Roller Shades And Newly Installed Wide Plank Laminate Flooring Throughout. The Open Concept Living And Dining Area Walks Out To A Private Balcony With Custom Outdoor Decking, Perfect For Relaxing Or Entertaining. The Modern Kitchen Is Equipped With Stainless Steel Appliances, Quartz Countertops, And Ample Cabinetry, Combining Style And Functionality. The Primary Suite Feature Two Large Closets, A 3-Piece Ensuite And Walkout To The Balcony. Freshly Renovated And Meticulously Maintained By The Original Owner, The Unit Shows Beautifully And Is Truly Move-In Ready. Incredible Building Amenities, Including An Outdoor Pool, Fitness Centre, Sauna, Guest Suites, Media/Cinema Room, Golf Simulator, Playground, BBQ Area, Concierge Service, And A Spectacular 46th-Floor Party Room With Breathtaking Panoramic City Views. Just Steps From Shops, Restaurants, Parks, And Scenic Waterfront Trails, With Easy Access To The Gardiner Expressway And Proposed Park Lawn GO Station, This Home Offers The Perfect Balance Of Urban Convenience And Lakeside Living. Includes 1 Parking Spot And 1 Locker. More details
    Listed by SUTTON GROUP-ADMIRAL REALTY INC.
    FRED RENNA, MBA - BROKER | MCNE®, SRES®, SRS, CBW
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Data was last updated July 22, 2026 at 08:15 PM (UTC)
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