$1,960,000
For sale: Apartment

Rarely offered, this turnkey 3,307 sq ft residence commands the entire East Wing of Palace Pier, delivering unobstructed, floor-to-ceiling panoramic views of Lake Ontario and the Toronto skyline from every principal room. Fully renovated and impeccably maintained, the suite features a grand foyer, a ballroom-sized living room framed by walls of glass, two sun-filled solariums, and a chef's kitchen with premium built-in appliances, an oversized island, and a spacious eat-in dining area. The primary retreat offers a spa-inspired ensuite with glass vessel sinks and a marble-clad walk-in shower and soaker tub, complemented by a generous walk-in closet, while two additional bedrooms, a versatile den, and a private laundry room complete this move-in-ready, sun-drenched home. Offered fully furnished (optional) with designer furnishings, and including 2 parking spaces plus a locker.Residents of Palace Pier enjoy resort-calibre amenities across the property's 9 private acres, including an indoor swimming pool, whirlpool, sauna and change rooms, a fully equipped fitness centre with aerobics studio, tennis and squash courts, basketball courts, a golf simulator, practice cage, and putting green, plus table tennis, billiards, and a games/social event room. Additional lifestyle offerings include a rooftop club party room and sun deck with patio and BBQs, a library, arts and crafts and carpentry rooms, on-site spa services, and Veloute, the building's private restaurant led by Chef Fawzi Kotb. The building also provides 24-hour concierge and security, valet and visitor parking, car wash services, bicycle storage, seven guest suites, a complimentary shuttle to Union Station and Sherway Gardens, a residents-only convenience store, and dry cleaning service - with Bell Fibe TV and reduced-rate internet and mobility included in the maintenance fee. A truly exceptional opportunity in one of Toronto's premier waterfront residences.
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 53, across 2,905 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
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 2,905 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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