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For saleListed Jun 24MLS® W13484066

602 - 1 Palace Pier Court, Toronto, ON M8V 3W9

Mimico, Toronto · Near Lake Shore & Palace Pier · View map

$1,070,000
2+1Beds
2Baths
1200–1399Sq ft
Resort condoType
$1,334/moMaint. fee
Underground · 1 spaceGarage
1 totalParking
$4,019/yrTaxes
Call / Text Will
$1,070,000
Underground parking1 parking space in total
Heat, hydro, water includedCovered by the maintenance fee
WaterfrontOn the water
Central airCool all summer
FireplaceCozy winters

About this home

Experience the pinnacle of Canadian waterfront living at Palace Place, a symbol of unmatched prestige and luxury. This immaculately managed condominium residence is a beacon of grandeur that impresses at every turn. This Two (2) Bedrooms + Den apartment of 1,204 square feet of inviting living space comes with a mesmerizing city skyline and serene lake views serve as a testament to its unique charm. Strategically located near Lake Shore Blvd West & Palace Pier Crt, in the heart of Etobicoke's vibrant Mimico neighborhood. Palace Place offers a wealth of amenities to enhance your lifestyle - a state-of-the-art gym/exercise room, a refreshing pool, concierge and guest suites, complemented by the luxury of a sauna, the assurance of a security guard, and the convenience of an Enter Phone System. Immerse yourself in the essence of sophisticated living at Palace Place. For your convenience, the building comes with a private Shuttle Bus Service to multiple locations in Toronto. Photos are virtually staged.

The home

Type
Resort condo
Style
Apartment
Square footage
1200-1399 sq ft
Bedrooms
2
Basement bedrooms
1
Bathrooms
2
Kitchens
1
Rooms
6
Basement
None
Faces
South East
Level
6
Laundry
Ensuite

Ownership & fees

Ownership
Condominium
Maintenance fee
$1,334.46/mo
Fee includes
Building Insurance, Parking, Hydro, Water, Cable TV, Heat, CAC, Common Elements
Complex
MTCC 1053
Property management
First Service Residential
Pets
Allowed, with restrictions
Locker
Owned
Exterior
Concrete

Heating & cooling

Heating fuel
Electric
Heating type
Heat Pump
Air conditioning
Central Air
Fireplace
Yes

Garage & parking

Garage
Underground
Garage spaces
1
Total parking
1
Parking features
Underground

Taxes & other

Property taxes
$4,019/yr
Tax year
2025
Occupancy
Vacant
Possession
Immediate
Cross street
Lake Shore & Palace Pier
Neighbourhood
Mimico

More

Price per sq ft
~$823 (at 1,300 sq ft)
Listed
Jun 24, 2026 · 112 days ago
MLS® number
W13484066

The home and its surroundings

  • Lake Access
  • Public Transit
  • Park

Included in the maintenance fee

  • Building Insurance
  • Parking
  • Hydro
  • Water
  • Cable TV
  • Heat
  • CAC
  • Common Elements

Shared in the complex

  • Concierge
  • Guest Suites
  • Gym
  • Indoor Pool
  • Party Room/Meeting Room
  • Rooftop Deck/Garden
Want to know something that isn’t listed?
Estimated monthly cost$5,985per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    1 Palace Pier Court, Toronto, ON M8V 3W9

    Mimico, Toronto · Near Lake Shore & Palace Pier

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    Sold history

    Listing history for 1 Palace Pier Court

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 602 - 1 Palace Pier Court

    Answers come straight from this home’s MLS® listing.

    How much is 602 - 1 Palace Pier Court listed for, and what would it cost each month?

    602 - 1 Palace Pier Court is listed for $1,070,000. With 20% down ($214,000), the mortgage payment would be roughly $4,316 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $5,985 a month, all in. That figure is an illustration, not a quote.

    Is 602 - 1 Palace Pier Court freehold or a condo, and is there a monthly fee?

    602 - 1 Palace Pier Court is a resort condo in Mimico, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,334.46 a month. The listing says it covers building insurance, parking, hydro, water, cable tv, heat, cac, common elements. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 602 - 1 Palace Pier Court have?

    602 - 1 Palace Pier Court has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as apartment.

    Does 602 - 1 Palace Pier Court have a garage and parking?

    Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.

    Does 602 - 1 Palace Pier Court have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 602 - 1 Palace Pier Court?

    602 - 1 Palace Pier Court is a resort condo. A resort condo trades the work of a cottage for a monthly fee; read the status certificate and check any rental pool rules.

    How big is 602 - 1 Palace Pier Court?

    The listing puts the home between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 602 - 1 Palace Pier Court heated and cooled?

    Heating is heat pump (electric). Cooling is central air.

    What are the property taxes for 602 - 1 Palace Pier Court?

    Property taxes are $4,019 a year (2025), or about $335 a month.

    Are pets allowed at 602 - 1 Palace Pier Court?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 602 - 1 Palace Pier Court?

    602 - 1 Palace Pier Court is in the Mimico community of Toronto. The nearest main intersection is Lake Shore & Palace Pier. The postal code is M8V 3W9.

    How long has 602 - 1 Palace Pier Court been on the market?

    602 - 1 Palace Pier Court was listed on June 24, 2026. It has been on the market for 112 days. It is an active listing (MLS® W13484066). Listings here update from the board through the day and come down once a home sells.

    What are similar cottages near 602 - 1 Palace Pier Court asking?

    Similar cottages for sale nearby right now include 607 - 2119 Lakeshore Boulevard W at $1,050,000 (2+1 bed), 301 - 2287 Lake Shore Road W at $1,049,000 (2 bed) and 1015 - 39 Annie Craig Drive at $1,199,000 (2+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1 Palace Pier Court sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 602 - 1 Palace Pier Court?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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