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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $998,800 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.
Rising high above the shoreline on the 40th floor, this 1,388 sq ft corner suite captures sweeping views of Lake Ontario and the Humber Bay. Thoughtfully designed for both elegance and comfort, it features two spacious bedrooms, two full bathrooms, an enclosed sun-filled solarium and a formal dining room that's perfect for hosting. The kitchen showcases granite countertops, stainless steel appliances, and classic cabinetry, while the marble-clad primary ensuite offers a spa-like retreat. With timeless wainscoting, warm hardwood floors, and natural light pouring through expansive windows, every detail feels graceful and inviting. Residents of Palace Place enjoy unmatched amenities, attentive concierge service, and the privacy of one of Toronto's most respected waterfront addresses. The amenities deliver a true five star experience with the feel of a luxury hotel!
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Beach, Hospital, Lake/Pond, Marina, Park, Waterfront
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 4009, 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 $998,800 in Toronto, the legal minimum down payment is $74,880 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 $16,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,451 also applies, bringing the total estimated land transfer taxes to $32,902.
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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.