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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Etobicoke
  • Mimico
  • 1 Palace Pier Court
1-palace-pier-court-etobicoke-ontario-w12632756
1-palace-pier-court-etobicoke-ontario-w12632756
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  • Sold Sold in Dec 2025
  • Condo Apt

1605 - 1 Palace Pier Court

Etobicoke, Mimico
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
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Sold Price: $ 1,000,000
4.76%
Listed Price: $ 1,050,000
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Key Facts About 1605 - 1 Palace Pier Court, Etobicoke

  • Tax $3,812 / 2024
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $1334.46
  • Size 1200 - 1399 feet²
  • Parking 1 garage, 1 parking
  • Listing # W12632756
  • Data Source PROPTX
  • Days on Market 7
  • Listed On 14/12/2025
  • Updated On 23/12/2025
  • Market Demand
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Description

On a clear day, you can see forever! Suite 1605 is a highly sought-after condominium residence, with approximately 1,228 square feet of living space, 2-bedrooms, 2-baths, and the most enchanting forever views of Lake Ontario. **Brand new Vidar engineered American Oak hardwood floors have just been installed throughout. Palace Place is Toronto's most luxurious waterfront condominium residence. Palace Place defines luxury from offering high-end finishes and appointments to a full spectrum of all-inclusive services that include a private shuttle s

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Property Details of 1605 - 1 Palace Pier Court, Etobicoke

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Mimico
  • Municipality Etobicoke

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 5pc
  • Bathroom Details 1, 2pc
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Electric

Building

  • Size 1200 - 1399 feet²
  • Architecture Style Apartment
  • Exterior Feature Other
  • Amenities Concierge, Indoor Pool, Guest Suites, Gym, Party Room/Meetin...View More

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Lake Shore/Palace Pier

Features

  • Waterfront Y
  • Park Y
  • Lake/Pond Y
  • Marina Y
  • Public Transit Y
  • Clear View Y

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Our Estimate

See Real Estate Market Trends in Etobicoke

Estimated Rent

$ 3,380

Rental Yield

3.51%

School Score

8.5/10

Rental Score

4/5

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,903

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $1,334
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1605 - 1 Palace Pier Court, Etobicoke

Nestled in the prestigious area of Mimico, the apartment for sale in Etobicoke at 1 Palace Pier Court, Etobicoke, presents an exceptional opportunity for those seeking a luxurious lifestyle. This stunning condominium residence, Suite 1605, boasts approximately 1,228 square feet of well-designed living space, featuring two spacious bedrooms and two bathrooms. With its enviable location, residents can enjoy breathtaking views of Lake Ontario, making this apartment for sale in Etobicoke a truly remarkable find.

Upon entering this exquisite apartment for sale in Etobicoke, one is greeted by the elegance of brand new Vidar engineered American Oak hardwood floors that have been meticulously installed throughout the suite. The attention to detail and high-end finishes are evident in every corner of this luxurious home. The living area is designed to be both inviting and functional, perfect for entertaining guests or enjoying quiet evenings at home.

The kitchen, while compact, is well-appointed and designed for efficiency, making it ideal for preparing meals. It is the only kitchen in the apartment, and while there is no additional kitchen or den, the layout allows for a seamless flow between the living spaces. The total of five rooms, including the two bedrooms and two bathrooms, ensures ample space for comfortable living.

The apartment for sale in Etobicoke also features central air conditioning, providing a refreshing escape during the warmer months. Although there is no fireplace or family room, the open layout of the living area compensates for this, allowing for a versatile space that can be tailored to suit your lifestyle. The absence of a central vacuum system may be noted, but the convenience of the underground garage space, which accommodates one vehicle, adds to the overall appeal of this residence.

One of the standout features of this luxurious condominium is the array of services offered at Palace Place. Residents benefit from a full spectrum of all-inclusive services, including valet parking and a private shuttle service. Notably, Palace Place is one of the few condominiums in Toronto to provide Les Clefs d'Or concierge services, ensuring that residents receive the highest level of assistance and care, akin to what one would expect at the Four Seasons.

The community surrounding 1 Palace Pier Court, Etobicoke, is vibrant and offers a range of amenities to suit various lifestyles. While there is no pool on the premises, the addition of a Pickleball Court at Palace Place provides a unique recreational opportunity for residents. Furthermore, the all-inclusive fees associated with this apartment for sale in Etobicoke are among the lowest in the area, yet they encompass an impressive range of services and amenities.

For those who require internet access, the property offers Rogers Ignite Internet at an exceptionally competitive rate of just £26 per month, a significant saving compared to the retail price of £119.99. This is an attractive feature for those who work from home or enjoy streaming services.

In conclusion, the apartment for sale in Etobicoke at 1 Palace Pier Court, Etobicoke, is a prime example of luxury living in a sought-after location. With its stunning views, high-end finishes, and exceptional services, this condominium is perfect for anyone looking to enjoy the finer things in life. The combination of spacious living areas, modern amenities, and a vibrant community makes this property a must-see for prospective buyers. Don’t miss the chance to make this extraordinary apartment your new home.

Mimico, nestled within the city of Etobicoke, offers a charming blend of urban convenience and lakeside tranquility. Situated along the shores of Lake Ontario, this vibrant neighbourhood boasts picturesque waterfront parks and scenic walking trails, perfect for leisurely strolls or cycling. The area is characterised by a mix of historic homes and modern developments, creating a diverse architectural landscape. Residents enjoy easy access to local amenities, including quaint shops, cafes, and schools, while the nearby Mimico GO Station provides swift connections to downtown Toronto. With its welcoming atmosphere and strong sense of community spirit, Mimico is an appealing choice for those seeking a balanced lifestyle close to the city.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a 1.4 km radius, you will find Swansea Junior and Senior Public School, which offers both English and French programs for grades JK to 8, boasting a commendable rating of 8.3. Additionally, the area features St. Mark Catholic School, also within 1.4 km, providing education from JK to 8 with a solid rating of 7.9. For older students, Western Technical-Commercial School is just 2.8 km away, serving grades 9 to 12 with a rating of 7.2. The nearby Bishop Allen Academy, located 2.6 km from the property, offers a strong Catholic education for grades 9 to 12 and has an impressive rating of 9. For younger learners, St. Louis Catholic School and École Étiénne Brûlé Junior School provide options in both English and French. Overall, this neighborhood offers a diverse range of educational opportunities, catering to various preferences and ensuring quality education for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,556 residents, with an average household size of 1.8 individuals. The demographic profile indicates a mature community, with an average age of 60.2 years. The economic landscape is robust, as evidenced by an impressive average household income of $162,800, while only 9% of the population falls under the low-income category. The average property price in the area is approximately $1,034,000, reflecting the desirability of the location. The community exhibits a diverse social fabric, with 37.84% of residents being single and 17.65% living in households with children. A significant portion of the population, 45.54%, are immigrants, contributing to the area's cultural richness. Renters make up 19.19% of the households, and notably, all residences in the area are condominiums. Education levels are high, with 72.66% of residents holding a college or university degree. However, a considerable 55.36% of the population is not actively participating in the labor force, which may influence the local economy. Overall, this demographic snapshot reveals a well-educated, affluent community with a significant immigrant presence and a focus on condominium living.

FAQs About 1605 - 1 Palace Pier Court, Etobicoke

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Etobicoke is 1200 - 1399.

How many parking spaces are available with this property?

1 Palace Pier Court boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 1 Palace Pier Court?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $1334.46.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1605 - 1 Palace Pier Court, Etobicoke

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Listing History

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