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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete and concrete block construction, this residence presents an exceptional opportunity offered at $1,099,000 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.
Higher floor with breathtaking views of Lake Ontario and Humber Bay River. Original owner purchased from the Developer. 1387 sq ft living space with big ceiling to floor windows in each every room. Two premium parking spots on P1 side by side with a locker. 24hrs concierge service with indoor luxury pool, sauna, BBQ, golf area and a convenience store at the lobby. Access to 47th floor amenities with sky view of Lake Ontario, Toronto Islands and downtown Toronto. Access to Toronto lake front trail system, bike or take private shuttle service to work or shop. Resort style valet service "have your warm car brought to the front door". Recognized as Toronto's most luxurious condominium residence.
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Carpet Free, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1 Palace Pier Court 3309, 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 $1,099,000 in Toronto, the legal minimum down payment is $219,800 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 $18,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,455 also applies, bringing the total estimated land transfer taxes to $36,910.
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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.