2407 - 1 PALACE PIER COURT, Toronto (Mimico)

$539,900

For sale: Apartment

Apartment at 2407 - 1 PALACE PIER COURT, Toronto (Mimico)
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
899 sqft
MLS®
MLS® W13027486
Neighbourhood
Mimico

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.

Sold data

Homes in Mimico — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.

Median days to sell
28
Median sale price
$689,900
Sale-to-list ratio
96.6%
Sold above asking
14%

Based on 159 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Mimico)

Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Mimico)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2407 - 1 PALACE PIER COURT