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3511 - 1 Palace Pier Court
Mimico, Toronto
$798,900
Experience luxury waterfront living at Palace Place, where sophistication meets comfort in this expansive 1,000+ sq ft condo offering breathtaking views of the Humber River and High Park through floor-to-ceiling windows that fill every room with natural light. Hardwood and tile floors run throughout, complementing a stylish galley kitchen with stainless steel appliances, abundant cabinetry, and granite countertops with a matching backsplash. The open-concept dining area features a custom built-in hutch, while the inviting living room offers a cozy fireplace and dimmable pot lights. A bright solarium provides the perfect home office or creative space, and the generous bedroom includes built-in closet organizers and an updated 4-piece ensuite. Residents enjoy world-class amenities including a premium Atlantis-equipped fitness centre, state-of-the-art gym, saltwater solarium pool, Les Clefs d'Or concierge services, a private shuttle to Union Station, a pickleball court, two indoor golf driving ranges, a private putting green, a 47th-floor party room with panoramic views, an on-site restaurant, a seven-day variety store, and a beautifully landscaped garden piazza with BBQs and picnic tables. The building is pet-friendly (one pet under 40 lbs) and offers all-inclusive maintenance fees covering heat, hydro, water, and cable TV, with Rogers Ignite internet available for $26/month, creating an unmatched lifestyle of luxury, convenience, and waterfront serenity in one of Toronto's most prestigious residences.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,257 |
| Locker | Owned |
| Balcony | Enclosed |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,392 |
| mls© Number | W13604338 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,089
- Property tax
- $283
- Heat allowance
- $150
- Condo fees, half counted
- $628
- Housing costs
- $5,150 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,780
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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