1 Palace Pier Court 602

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

$1,070,000

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  • 2+1 bedrooms
  • 2 bathrooms
  • 1 parking
  • 1200-1399 sq ft

Listed 118 days ago · MLS® W13484066

About this home

Experience the pinnacle of Canadian waterfront living at Palace Place, a symbol of unmatched prestige and luxury. This immaculately managed condominium residence is a beacon of grandeur that impresses at every turn. This Two (2) Bedrooms + Den apartment of 1,204 square feet of inviting living space comes with a mesmerizing city skyline and serene lake views serve as a testament to its unique charm. Strategically located near Lake Shore Blvd West & Palace Pier Crt, in the heart of Etobicoke's vibrant Mimico neighborhood. Palace Place offers a wealth of amenities to enhance your lifestyle - a state-of-the-art gym/exercise room, a refreshing pool, concierge and guest suites, complemented by the luxury of a sauna, the assurance of a security guard, and the convenience of an Enter Phone System. Immerse yourself in the essence of sophisticated living at Palace Place. For your convenience, the building comes with a private Shuttle Bus Service to multiple locations in Toronto. Photos are virtually staged.

Details

Type
Condo Apartment
Style
Apartment
Size
1200-1399 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$4,019 (2025)
Maintenance fee
$1,334/month
Neighbourhood
Mimico
Municipality
Toronto W06
Price per sq ft
$823 (about the same as condo apartments in Mimico)
Fee per sq ft
$1.03/month (Toronto median $0.92)

Interior

Bedrooms
2 above ground + 1 below
Bathrooms
1 × 2-piece (flat), 1 × 5-piece (flat)
Rooms
6 above ground
Family room or den
No
Fireplace
Yes
Laundry
Ensuite

Heating, cooling and services

Heating
Heat Pump, Electric
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete
Waterfront
Indirect

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Underground

Condo

Monthly fee
$1,334
Fee includes
Building Insurance Included, Parking Included, Hydro Included, Water Included, Cable TV Included, Heat Included, CAC Included, Common Elements Included
Amenities
Concierge, Guest Suites, Gym, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden
Locker
Owned (level B)
Exposure
South East
Pets
Yes-with Restrictions
Property manager
First Service Residential

More

Possession
Immediate
Nearby
Lake Access, Public Transit, Park
Cross street
Lake Shore & Palace Pier

Rooms

RoomLevelSizeFeatures
FoyerFlat1.52 × 1.41 m (5' × 4'8")Tile Floor, Closet
Living RoomFlat4.92 × 4.14 m (16'2" × 13'7")Hardwood Floor, Window, SE View
Dining RoomFlat3.64 × 2.85 m (11'11" × 9'4")Hardwood Floor, Open Concept
DenFlat2.15 × 2.15 m (7'1" × 7'1")Hardwood Floor, Open Concept, SE View
KitchenFlat3.57 × 3.14 m (11'9" × 10'4")Tile Floor, Stainless Steel Appl
BathroomFlat1.71 × 1.53 m (5'7" × 5')Tile Floor, 2 Pc Bath
Primary BedroomFlat4.23 × 4.16 m (13'11" × 13'8")Vinyl Floor, Double Closet, SE View
BathroomFlat2.76 × 2.71 m (9'1" × 8'11")Tile Floor, 5 Pc Ensuite
BedroomFlat3.02 × 3.01 m (9'11" × 9'11")Vinyl Floor, Closet

History of this address

4 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 AKARAT GROUP INC..

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

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