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For sale · Condo Apartment

1 Palace Pier Court #2407.

Mimico, Toronto, ON M8V 3W9

In Palace Place, 1 Palace Pier Court
On the market190 days
MLS® W13027486Courtesy of Royal LePage Real Estate Associates
Bedrooms1
Bathrooms1
Square feet800–899About $635 per sq ft
Parking1Locker: Owned

Buyer's market

Condo market in Mimico. New listings are outpacing sales, so buyers have more choice and room to negotiate. Homes here sell in about 42 days. Market data

Sales-to-new-listings ratio, last 3 months: 32%
Months of supply: 6.3

What it means

  • Buyer's market in Mimico: condos take about 42 days to sell.
  • About 6.3 months of condos for sale in Mimico at the current pace of sales.

At a glance

Maintenance$922 / month
Property taxes$2,511 / year
Price per square footAbout $635
ExposureNorth West

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.

Suite details

Click the + to read more.

The suiteproperty type, style, size, exposure
Property type
Condo Apartment
Style
Apartment
Size
800–899 sq ft
Exposure
North West
Heating
Forced Air
Cooling
Central Air
Basement
None
Year built
16-30
Possession
Tbd
Parking and storageparking, garage, locker
Parking
1
Garage
Underground
Locker
Owned
Fees and taxesmaintenance, property taxes, price per sq ft
Maintenance
$922/mo
Property taxes
$2,511 (2025)
Price per sq ft
$636
Building and rulesstoreys in building, pets
Storeys in building
23
Pets
Yes-with Restrictions
Rooms4 rooms with sizes
RoomLevelSizeFeatures
BedroomFlatLarge Closet
Living RoomFlatLarge Window
KitchenFlatcombined w/dining · large window
Dining RoomFlatcombined w/kitchen · large window
What is includedAppliances and fixtures

All existing appliances, washer & dryer, parking (1), locker (1)

Building amenitiesconcierge, gym, guest suites
  • Concierge
  • Gym
  • Guest Suites
  • Indoor Pool
  • Party Room/Meeting Room
  • Squash/Racquet Court

Maintenance fee includes: Heat, Hydro, Water, Cable, Parking

What it could cost each month

— a month, estimated

With 20% down. Includes property tax and maintenance. Estimate only.

Change the numbersHide the calculator
  • Mortgage—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

29 suites sold at Palace Place in the last two years.

Sales activity in the building

Number of suites sold each quarter.

4 sold, Jan to Mar 2025 4 Jan–Mar 2025 6 sold, Apr to Jun 2025 6 Apr–Jun 2025 3 sold, Jul to Sep 2025 3 Jul–Sep 2025 6 sold, Oct to Dec 2025 6 Oct–Dec 2025 2 sold, Jan to Mar 2026 2 Jan–Mar 2026 4 sold, Apr to Jun 2026 4 Apr–Jun 2026 3 sold, Jul to Sep 2026 3 Jul–Sep 2026 1 sold, Oct to Dec 2026 1 Oct–Dec 2026 so far

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Sale and listing history

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The building and the area

Palace Place

The building

Palace Place

1 Palace Pier Court · 6 storeys

Concierge · Guest Suites · Indoor Pool · Gym

5For sale now
1For rent now
16Sold, last 12 months

Listing brokerage · MLS® W13027486Royal LePage Real Estate AssociatesData last updated Jul 9, 2026 10:10 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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