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 other construction, this residence presents an exceptional opportunity offered at $1,588,000 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2249 sqft
- 2.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Panoramic Lakefront Luxury, Three Views Wide - East, South, and West!A true Palace Place signature suite: 2,028 sq ft of refined space, a rare 2-bed/3-bath layout, 2 parking and 2 lockers, anchored by what many consider the best floor plan in the building. This is the kind of home that makes you stop mid-sentence. Wraparound picture windows frame unobstructed Lake Ontario from three directions: downtown + lake to the east, open water straight south, and lake + Mimico skyline to the west. Morning light, golden afternoons, and sunset glow -every day has a different mood. The living and dining areas are expansive and naturally elegant, finished with classic crown moulding and tray ceilings, and designed for both entertaining and quiet, private moments. A bright, view-filled kitchen with stone counters and an oversized island keeps the backdrop front and centre-water, sky, and city. The primary suite delivers the same wow factor, complemented by a generous ensuite where the lake becomes part of your morning routine. All of this, in a building known for service and lifestyle, valet, concierge, private shuttle, and resort-style amenities.
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Pricing & Value Insights
Data-driven valuation for 1 Palace Pier Court 3203, 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 $1,588,000 in Toronto, the legal minimum down payment is $317,600 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 $28,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,235 also applies, bringing the total estimated land transfer taxes to $56,470.
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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.