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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 $630,000 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.
Welcome to Palace Place, Toronto's most luxurious waterfront condominium residence. This spacious 1-bedroom, 1-bathroom suite offers comfortable living within one of the city's most iconic buildings. Known for its unmatched service and exclusivity, Palace Place sets itself apart with a full range of amenities, including a private shuttle service, valet parking, and the elite Les Clefs dOr concierge service typically reserved for the worlds finest hotels. Residents enjoy peace of mind with all-inclusive maintenance fees that are among the lowest in the area, yet cover more than most buildings. This suite includes one parking space and one locker, conveniently located together, a rare and valuable feature. With beautifully maintained common areas and a vibrant waterfront setting, Palace Place offers a refined lifestyle just minutes from downtown, major highways, and scenic walking trails. Experience elegance, service, and comfort at one of Toronto's most prestigious addresses. *Furnished Photos Are Virtually Staged*
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Waterfront
Other
Concierge/Security
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Data-driven valuation for 1 Palace Pier Court 3704, 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 $630,000 in Toronto, the legal minimum down payment is $38,000 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 $9,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,075 also applies, bringing the total estimated land transfer taxes to $18,150.
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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.