1 Palace Pier Court, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,199,000 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.
- 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2750-2999 sqft
- 4.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Central Vacuum, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Incredible opportunity to own double water units at one of Torontos most prominent and exclusive waterfront buildings, Palace Place Condos. With approximately 2775 square feet of expansive living space and 4 parking spots, the customization options are endless.This stunning waterfront condo offers 220-degree panoramic views of the city and lake and is a corner unit on both sides. This one-of-a-kind double unit is both extremely quiet and private, ideal for anyone seeking a truly captivating and relaxing environment to call home. Whether youre gazing at the sunrise, sunset, or tranquil water scenes, this property offers unparalleled vistas from every room. Whether walking into the large foyer or entering the great room, this one will truly captivate.The expansive primary suite offers enough space to accommodate a sitting area and a California king bed comfortably. Whether climbing into bed, relaxing in the tub or curating your next look in your dedicated dressing room this primary suite has it all.The generously proportioned second bedroom could easily double as both a guest suite and a work-from-home office. While the additional unit (1204) offers endless opportunities for customizations, use it as a space to entertain, create an in-home art gallery or house your in-laws - there are endless opportunities to personalize your new home in this prestigious building. Note: The units can be turned back to individual suites easily.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Waterfront, Lake/Pond
Interior Features
Central Vacuum, Carpet Free
Security Features
Concierge/Security
Community Features
Location
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 1203/04, Toronto W06, ON M8V 3W9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,199,000 in Toronto, the legal minimum down payment is $439,800 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 $41,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,450 also applies, bringing the total estimated land transfer taxes to $82,900.
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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.
