$729,000
For sale: Apartment

Welcome to Suite 1605 at The Palace Pier. Located in the coveted Humber Bay Shores, this spacious, light-filled unit offers breathtaking views of Lake Ontario and Toronto's skyline from nearly every room. The open layout blends comfort and function with expansive living and dining areas, oversized windows, and clean modern finishes. The kitchen is stylish and efficient, featuring tile floors, quartz counters, a sleek backsplash, and a new dishwasher. The bedroom is a calm retreat with a custom walk-in closet and a 3-piece ensuite outfitted with double mirrored doors and built-in cabinetry. Every window is fitted with sunshade treatments, and the unit includes a front-load European washer and dryer for added convenience. The Palace Pier is more than just a residence; its a lifestyle. Enjoy a full suite of five-star amenities: 24-hour concierge and valet, indoor pool, gym, tennis and squash courts, spa, sauna, private restaurant, shuttle service, guest suites, and a panoramic lakefront lounge. Named 2020 Condo of the Year, the building is celebrated for its strong community, prestige, and exceptional service. Step outside and onto the Martin Goodman Trail, a scenic waterfront path that seamlessly connects residents to downtown Toronto by bike or on foot. The trail also links to many of Toronto's beautiful waterfront parks, making it a perfect route for picnics, outdoor activities, and enjoying the city's natural beauty. The surrounding area is home to high-end restaurants, trendy cafes, marinas, parks, and convenient grocery options. With quick access to the QEW, Highway 427, and the TTC Humber Loop, getting downtown or around the city is a breeze. This isn't just a condo, its turnkey waterfront living at one of Toronto's most iconic addresses. Discover what it means to live at The Palace Pier.
Sold data
Apartment homes in Toronto (Mimico) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 2,818 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $569,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,818 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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