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New5 hours ago

2812 - 1 Palace Pier Court

Mimico, Toronto

$678,500

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Thoughtfully designed to maximize space! Suite 2812 is a stunning condominium residence, with approximately 813 square feet of living space, 1+1-bedroom, and beautiful Humber River and Swansea Village views. Palace Place is Toronto's most luxurious waterfront condominium residence. Palace Place defines luxury from offering high-end finishes and appointments to a full spectrum of all-inclusive services that include a private shuttle service, valet parking, and one of the only condominiums in Toronto to offer Les Clefs d'Or concierge services, the same service that you would find on a visit to the Four Seasons.**EXTRAS** This suite features numerous upgrades, including Mercier maple engineered wood flooring, quartz counter in the kitchen, crown moulding, and pot lights. *The all-inclusive fees are among the lowest in the area, yet they include the most. *1-Parking and 1-Locker* *Palace Place now features a Pickleball Court! *Special To Palace Place: Rogers Ignite Internet Only $26/Mo (Retail: $119.99/M).

Extras

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,004
LockerOwned
BalconyNone
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,509
mls© NumberW13637052
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,473
Property tax
$209
Heat allowance
$150
Condo fees, half counted
$502
Housing costs
$4,334 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $135,700
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$2,855 / mo
Cash down
$135,700

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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