1 Palace Pier Court 2407

Mimico, Toronto, M8V 3W9 · More in this building

$539,900

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  • 1 bedrooms
  • 1 bathrooms
  • 1 parking
  • 800-899 sq ft

Listed 181 days ago · MLS® W13027486

About this home

Welcome to Suite 2407 at Palace Place, one of Toronto's most prestigious waterfront residences along Lake Ontario. This spacious 833 sq.ft 1-bedroom suite offers 1 parking + 1 locker, a highly functional layout with separate living and kitchen areas. Featuring a generous bedroom with a large closet, a 4-piece bathroom, and ensuite laundry, this unit is filled with natural light from expansive windows throughout. With great bones and an efficient layout, this suite offers incredible potential to personalize and make your own. Living at Palace Place means enjoying a truly five-star, resort-style lifestyle with all-inclusive, white-glove services. Residents benefit from 24/7 gated security, valet parking, and elite concierge services, ensuring comfort and peace of mind at all times. Unmatched amenities include a private shuttle to Union Station, a pickleball court, two indoor golf driving ranges, a private putting green, a state-of-the-art fitness centre, and a solarium indoor pool with whirlpool and women's spa. Entertain and unwind with an on-site restaurant, or host guests in the spectacular 47th-floor party room complete with multimedia, games room, and a sun deck offering panoramic lake and city views. Enjoy outdoor living in the beautifully landscaped garden piazza with BBQs, plus the convenience of an on-site variety store and ATM. Even more impressive, the all-inclusive maintenance fees are among the lowest in the area, covering heat, hydro, water, and cable TV, with exclusive Rogers Ignite internet available for just $26/month. Complimentary Wi-Fi is also provided in select common areas. Experience the pinnacle of waterfront living in one of Etobicoke's most iconic luxury towers.

Details

Type
Condo Apartment
Style
Apartment
Age
16-30 years
Size
800-899 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$2,511 (2025)
Maintenance fee
$922/month
Neighbourhood
Mimico
Municipality
Toronto W06
Price per sq ft
$636 (25% below condo apartments in Mimico, $847)
Fee per sq ft
$1.09/month (Toronto median $0.93)

Interior

Bedrooms
1 above ground
Bathrooms
1 × 4-piece
Rooms
4 above ground
Family room or den
No
Fireplace
No
Laundry
In-Suite Laundry, Ensuite

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Age
16-30 years

Parking

Garage spaces
1
Total parking
1

Condo

Monthly fee
$922
Fee includes
Heat Included, Hydro Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Amenities
Concierge, Gym, Guest Suites, Indoor Pool, Party Room/Meeting Room, Squash/Racquet Court
Locker
Owned
Exposure
North West
Pets
Yes-with Restrictions
Security
Concierge/Security, Security Guard
Property manager
First Service Residential

More

Possession
TBD
Nearby
Waterfront, Clear View, Park, Public Transit
Cross street
Lake Shore/Palace Pier

Rooms

RoomLevelSizeFeatures
Living RoomFlatLarge Window
Dining RoomFlatCombined w/Kitchen, Large Window
KitchenFlatCombined w/Dining, Large Window
BedroomFlatLarge Closet

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚇 Jane Subway2.2 km
  • 🚇 Runnymede Subway2.3 km
  • 🚆 Mimico GO2.5 km

Within a 10-minute walk: 1 grocery store, 13 cafés and restaurants, 5 parks, 3 pharmacies. Nearest grocery: Sobeys (600 m). Nearest park: Palace Pier Park (100 m).

Schools nearby

Elementary

  • Swansea Junior and Senior Public School
    EQAO: Gr 6 reading 87%, math 62%
    1.4 km
  • Étienne Brûlé Junior School
    EQAO: Gr 3 reading 87%, math 77%
    1.4 km
  • St. Mark Catholic School Catholic
    EQAO: Gr 6 reading 74%, math 47%
    1.5 km
  • David Hornell Junior School
    EQAO: Gr 3 reading 76%, math 60%
    1.9 km

Secondary

  • Karen Kain School of the Arts2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8V

Owners / renters
49% / 51%
Median household income
$79,000
Average age
42
Children under 15
11%
Homes
15% detached, 57% high-rise
Commute by transit
21%
Population
44,144

Languages spoken most at home besides English: Spanish 1.9%, Polish 1.9%, Russian 1.7%, Tibetan 1.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Humber Bay Shores (2025): 40% below the Toronto average, about the same from the year before.

  • Assault41% below average
  • Break and enter50% below average
  • Auto theftabout average
  • Robbery81% below average
  • Theft from vehicles66% below average
  • Shootings53% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 1 active

  • 2002 LAKE SHORE BLVD W · 400 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2017
    Proposed development of a mixed-use building with two towers, 21 and 26 storeys on a 3-6 storey base building, with a partial 7-storey element between the…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 8 km. Transit times · Driving times

Noise 2 sources nearby

  • 🛣️ Gardiner Expressway150 m
  • 🚆 Rail line (Oakville Subdivision)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RA

Residential Apartment (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Garage Repair/Reconstruction · 2019 · Closed
    Proposal for targeted concrete and water proofing repairs (interior suspended slabs) of the existing parking garage
  • Fire Alarm · 2015 · Closed
    Proposal to replace the fire alarm panel and replace hardwired smoke detectors and pull stations with addressable smoke detectorsand pull…
  • Other · 2015 · Inspection
    Proposal to repair pre-cast concrete planters form water main failure.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

15 City street trees within 100 m, mostly ashes. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Royal LePage Real Estate Associates.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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