Building Details
Listing History for Palace Place Condos
Amenities
Maintenance Fees
About 1 Palace Pier Court — Palace Place Condos
Anyone who’s seeking a Toronto condo for sale should consider Palace Place Condos at 1 Palace Pier Court. Bramalea Limited completed this building back in 1993, but unlike other buildings of that age, maintenance fees are on the higher end at $0.97 per-square-foot. The 44-storey building is home to 504 suites with units ranging between 350 and 2836 square feet.
Maintenance fees at 1 Palace Pier Court are $0.97 per-square-foot, which is significantly higher than the city average of about $0.67.
The Suites
On average, units at 1 Palace Pier Court sell -4.60% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). Units here are among the most affordable in the area with an average cost per-square-foot of $737 (based on past 12 months of sales). Units typically sell with 30 days on market on average. Over the past 12 months, 17 have sold and 16 have been rented out.
The Neighbourhood
Those who call this condo home never have to travel far for dining out, as Pier Food Shoppe, Rustic Social House and Eden Trattoria are all within 12 minutes walking distance from 1 Palace Pier Court. There’s always time for coffee with Cafe Cocoa Boulangerie, Gravity Pizza Cafe & Starbucks and Tim Hortons a short 14-minute walk away.
Grocery shopping is never a chore with stores such as Sobeys Queensway, Rabba Fine Foods and Metro in the area.
Planning for your future is easy with BMO Bank of Montreal ATM and BMO Bank of Montreal in the area.
Having Palace Pier Park and Rocky Point Lookout within 3 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.
Enhance your personal style while living in the Mimico neighbourhood by visiting Loulou, Rockwood plaza and Westlake Village.
When the weekend rolls around, Studio Connect (Painting Studio / Art Gallery), Artistic Impressions Canada Inc and Norman Felix Gallery Administrative Office are within a short 4-minute drive away.
Transportation
Transit riders can catch the Lake Shore Blvd West At Palace Pier Crt within minutes. Jane is about a 6-minute drive from the building.
If you’re interested in checking out other similar condos within walking distance, you might like 2289 Lake Shore Boulevard W, 2045 Lake Shore Boulevard W and 80 Palace Pier Court.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Palace Place Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 1 Palace Pier Court
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $630,000 - $670,000 | $730,000 | $885,000 - $1,870,000 | $851,000 - $2,650,000 | $2,875,000 | No Data |
Avg. Cost Per Sqft | $810 | $977 | $885 | $850 | $1,057 | No Data |
Price Range | $2,850 | $2,650 - $2,750 | $3,650 - $5,800 | $4,180 - $4,300 | $6,250 | No Data |
Avg. Wait for Unit Availability | 69 Days | 205 Days | 30 Days | 181 Days | 261 Days | No Data |
Avg. Wait for Unit Availability | 122 Days | 266 Days | 53 Days | 247 Days | 281 Days | No Data |
Ratio of Units in Building | 23% | 9% | 55% | 12% | 4% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Mimico