1 Palace Pier Court, Unit 602, Toronto, ON

$4,500/mo
MLS#:W13717128
3 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
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Added:Aug 27, 2026(1 day ago)
Updated:Aug 27, 2026(1 day ago)
Last Checked:13 minutes ago

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $4,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Experience the pinnacle of Canadian waterfront living at Palace Place, a symbol of unmatched prestige and luxury. This immaculately managed condominium residence is a beacon of grandeur that impresses at every turn. This Two (2) Bedrooms + Den apartment of 1,204 square feet of inviting living space comes with a mesmerizing city skyline and serene lake views serve as a testament to its unique charm. Strategically located near Lake Shore Blvd West & Palace Pier Crt, in the heart of Etobicoke's vibrant Mimico neighborhood. Palace Place offers a wealth of amenities to enhance your lifestyle - a state-of-the-art gym/exercise room, a refreshing pool, concierge and guest suites, complemented by the luxury of a sauna, the assurance of a security guard, and the convenience of an Enter Phone System. Immerse yourself in the essence of sophisticated living at Palace Place. For your convenience, the building comes with a private Shuttle Bus Service to multiple locations in Toronto. Photos are virtually staged.

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Property Summary

This condo apartment located at 1 Palace Pier Court, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $4,500 with an estimated mortgage of $15* per month. It has 3 beds, 2 bathrooms, and is 1200-1399 square feet. 1 Palace Pier Court, Toronto is in the Mimico neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Mimico, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
AddedAug 27, 2026 (1 day ago)
UpdatedAug 27, 2026 (1 day ago)
Last Checked13 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

  • Lake Access
  • Public Transit
  • Park

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1 Palace Pier Court, Unit 602, Toronto, ON

Q.What is the asking price for 1 Palace Pier Court, Unit 602, Toronto, ON ?

The current listing price for 1 Palace Pier Court, Unit 602, Toronto, ON in Mimico, Toronto is $4,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 1 Palace Pier Court, Unit 602, Toronto, ON ?

1 Palace Pier Court, Unit 602, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 1 Palace Pier Court, Unit 602, Toronto, ON offer?

Key property features include: Lake Access, Public Transit, Park.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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1 Palace Pier Court, Unit 602, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Mimico-Queensway, Toronto

SAFETY RATING2.2 / 10
Active Urban Center
Total Annual Incidents1,077 incidents / yr
Average Per Month89.8 incidents / mo
Population Benchmark24,090 residents
Personal Safety
Elevated

872 assaults (3705.0/100k)

Property Security
Moderate

51 B&E (216.7/100k)

Auto Theft Risk
Elevated

79 thefts (335.7/100k)

1-Year Trend
â–˛ +50.4%

Elevated vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Palace Pier Court 602, Toronto, ON M8V 3W9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,350 (30.0%)
* Minimum Canadian down payment required for this price is $225.
Amortization Period30 Years
Estimated Monthly Payment$15Based on a loan of $3,150 over 30 years.
Purchase Price$4,500
Loan Amount$3,150
Provincial Land Transfer Tax:$23
Toronto Municipal Land Transfer Tax:$23
Total Estimated Closing Taxes:$45

About Purchasing a Home in Toronto, ON

For a property listed at $4,500 in Toronto, the legal minimum down payment is $225 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23 also applies, bringing the total estimated land transfer taxes to $45.

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Mimico, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$973,077

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Mimico, Toronto

Elementary Schools

St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Mimico, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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