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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 $995,000 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.
Sophisticated fully renovated suite for discerning buyer wanting modern living with stunning sunset views along Lake Ontario. And the luxury Palace Place building with exceptional amenities too! High quality workmanship and high end finishes in every room. Custom Italian-designed Muti kitchen with extensive storage, Blum soft close double drawers and kitchen organizers. Large primary bedroom with spa-like ensuite featuring wave tile, slate floor, frameless shower, large soaker tub, floating vanity & back lit mirror. Second bedroom can be used as a bedroom or large work-at-home office. Expanded sunroom offers floor to ceiling views and flexibility for a sitting room or office space. **EXTRAS** Mercier engineered wood floors throughout, powered Hunter Douglas blinds in all rooms, space saving pocket doors, Premium European stainless steel appliances, Caesar Stone counter, Murano Glass Chandelier, Hansgrohe & Axor bathroom fixtures
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Lake Access, Marina, Park, Public Transit, River/Stream, Waterfront
None
Concierge/Security, Alarm System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1 Palace Pier Court 4208, Toronto W06, ON M8V 3W9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $995,000 in Toronto, the legal minimum down payment is $74,500 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 $16,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,375 also applies, bringing the total estimated land transfer taxes to $32,750.
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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.