$1,199,000
For sale: Apartment

**Experience Luxury Waterfront Living at Its Finest!** Welcome to the prestigious Palace Place, one of Toronto's most coveted waterfront residences in beautiful Humber Bay Shores! This stunning, renovated 2-bedroom plus den suite offers over 1,450 sq. ft. of elegant living space with breathtaking views of Lake Ontario, Toronto's iconic skyline and High Park's ever-changing seasonal colours. Flooded with natural light, the spacious living, dining and den areas provide the perfect setting for relaxing or entertaining. The beautifully appointed open-concept kitchen features stainless steel appliances, a high-capacity range hood and an oversized waterfall island with generous seating and storage. Ensuite locker provides plenty of storage and can be used as a dream walk-in pantry. **Move-in ready with 2 parking spaces!** Enjoy an exceptional resort-style lifestyle in this exclusive gated community, featuring all-inclusive maintenance fees, high-end concierge service, valet parking, shuttle service, fitness centre, indoor pool, hot tub, guest suites, BBQ area and mini golf. Steps to scenic waterfront trails, parks, marina, charming cafés, restaurants and seasonal farmers' markets. Whether enjoying an active lifestyle or peaceful lakeside strolls, Palace Place offers the perfect balance of luxury, convenience and tranquility. This is more than a home, it's an exemplary waterfront lifestyle!
Sold data
Homes in Mimico took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 48, across 159 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $689,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 159 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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