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New4 hours ago

2210 - 1 Palace Pier Court

Mimico, Toronto

$1,199,000

Condo Apartment |
2 + 1 | 2 | 2 | 1
About this home

**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!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,764
LockerEnsuite
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,724
mls© NumberW14111990
Listed ByROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL EST
Heat Included
Hydro Included
Water Included
Building Insurance Included
CAC Included
Parking Included
Common Elements Included
Cable TV Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,137
Property tax
$310
Heat allowance
$150
Condo fees, half counted
$882
Housing costs
$7,480 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $239,800
25-yr amortization

Income needed

$230,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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