$1,999,000
For sale: Apartment

Experience elevated waterfront living in this stunning 3,257 sq. ft. residence in the coveted "01" suite at Palace Pier. Perched on the 29th floor, this beautifully renovated home offers breathtaking panoramic views of Lake Ontario, the waterfront, and the Toronto skyline from its expansive windows, creating an ever-changing backdrop from sunrise to sunset. Fully renovated in 2021, this exceptional residence showcases updated flooring and a redesigned kitchen, creating a sophisticated, contemporary living space. The expansive layout offers elegant principal rooms ideal for both entertaining and everyday living, with the open living and dining areas thoughtfully positioned to capture the spectacular waterfront views. The spacious primary suite serves as a private retreat, complete with a luxurious 5-piece, spa-inspired ensuite bathroom and generous closet space, providing the perfect place to unwind. Adding to the home's exceptional appeal are two private underground parking spaces. These spaces are thoughtfully set apart from the main parking area enclosed by surrounding walls and ideally located directly beside the parking entrance. This rare configuration offers enhanced privacy, exceptional convenience, and effortless access. A highly sought-after feature seldom found in condominium living. Residents enjoy resort-style amenities, including a 24-hour concierge, valet parking, a private shuttle service to Union Station, an indoor saltwater pool, fully equipped fitness and spa facilities, tennis and squash courts, elegant party and meeting rooms, library, practice room, guest suites, ample visitor parking, an on-site restaurant, and a convenience store w/ dry cleaning services. Maintenance fees include heat, hydro, central air conditioning, water, and access to amenities. A rare opportunity to own one of Palace Pier's most sought-after floor plans, offering luxurious waterfront living and unparalleled convenience in one of Toronto's premier condominium communities
Sold data
Apartment homes in Toronto (Mimico) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 3,131 recorded sales.
The median sale price was $575,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 3,131 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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