pin_buy1 Palace Pier Crt
5Listings for Salefor Sale
5Listings for Rentfor Rent
building_buyPalace Place Condos
pin_buy1 Palace Pier Crtexpand addresses list
    building_buyPalace Place Condos
    5Listings for Salefor Sale
    5Listings for Rentfor Rent
    Walkability
    5/10
    Transit
    8/10
    Bikeability
    7/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    Above Average
    Property Type
    Condo
    Developer
    Bramalea Limited
    Condo Completion
    1993
    Property Management
    Crossbridge Building Management
    Unit Size Range
    350 - 4000 SQFT
    Number of Units
    504
    Number of Storeys
    44

    1 Palace Pier Crt, Toronto

    About this condo

    Condo Overview

    Palace Place Condos was completed in 1993 by Bramalea Limited. While some buyers associate high maintenance fees with older buildings, maintenance fees at 1 Palace Pier Crt are only $0.91 per-square-foot. These Mimico condo for sale offer floor plans that are more spacious than most modern condos; there are 504 suites in this 44-storey residence, and units range from 350 square feet to 4000 square feet.

    Maintenance fees at 1 Palace Pier Crt are $0.91 per-square-foot, which is notably higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for a unit at 1 Palace Pier Crt is $760, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at Palace Place Condos spend 15 days on the market on average and usually sell for 0.76% above the listing price. In the last 12 months, 16 units have rented, and 20 have sold.

    The Neighbourhood

    Living here means you’re just a 12-minute walk from Pier Food Shoppe, Rustic Social House and Eden Trattoria, making it easy to dazzle your taste buds without much effort. You’ll only have to walk 14 minutes to pick-up a coffee before heading out for your day at Cafe Cocoa Boulangerie, Gravity Pizza Cafe & Starbucks and Tim Hortons.

    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.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Palace Pier Park and Rocky Point Lookout are less than 3 minutes walking distance from 1 Palace Pier Crt.

    Those who love to shop will appreciate all the options nearby with Loulou, Rockwood plaza and Westlake Village just 3 from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Studio Connect (Painting Studio / Art Gallery), Artistic Impressions Canada Inc and Norman Felix Gallery Administrative Office less than a 4-minute drive away will give you a lift.

    Transportation

    Transit users aren’t far from a light transit stop at Lake Shore Blvd West At Palace Pier Crt. Jane isn’t within a close walking distance, but you can drive there in about 6 minutes.

    If you’re interested in checking out other similar condos within walking distance, you might like 2045 Lake Shore Blvd W, 80 Palace Pier Crt and 2067 Lake Shore Blvd W.

    5

    Listings For Sale

    Interested in receiving new listings for sale?

    Amenities

    Security System
    Indoor Pool
    Tennis Court
    Party/Meeting Room
    Rooftop Deck/Garden
    Underground Parking
    Media Room
    Games Room
    Concierge
    Guest Suites
    Gym
    Visitor Parking

    Maintenance Fees Cover

    Maintenance fees include

    None

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning
    Water

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    Palace Place Condos vs The Mimico Area

    $105.00
    Less Expensive
    per SQFT compared to the neighbourhood average
    Palace Place Condos's Avg
    price per SQFT
    $867
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $972
    / SQFT

    Building Trends At Palace Place Condos

    Days on Market

    Units at Palace Place Condos spend an average of
    15
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an

    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    8.4
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    37th
    Highest price per SQFT out of 56 condos in the Mimico area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Best Value

    Palace Place Condos offers the
    ?
    best value out of 56 condos in the Mimico neighbourhood

    Return on Investment

    Palace Place Condos has the
    ?
    highest ROI out of 56 condos in the Mimico neighbourhood

    Rental Yield

    Palace Place Condos yields the
    ?
    highest rent prices out of 56 condos in the Mimico neighbourhood

    High Demand

    Palace Place Condos is the
    ?
    most popular building out of 56 condos in the Mimico neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed800 - 1106 SQFT
    Average Cost Per Sqft$914
    Sales Price Range$649,000 - $835,000
    Rental Price Range$2,500 - $2,600
    1 Bed + Den813 - 1106 SQFT
    Average Cost Per Sqft$822
    Sales Price Range$630,000 - $875,000
    Rental Price Range$2,975 - $2,975
    2 Bed1200 - 1985 SQFT
    Average Cost Per Sqft$911
    Sales Price Range$879,000 - $1,550,000
    Rental Price Range$3,400 - $5,100
    2 Bed + Den1201 - 1990 SQFT
    Average Cost Per Sqft$763
    Sales Price Range$828,000 - $1,601,000
    Rental Price Range$3,600 - $4,100
    3 Bed2836 - 2836 SQFT
    Average Cost Per Sqft$634
    Sales Price Range$1,720,000 - $1,720,000
    Rental Price Range$6,250 - $6,500

    How Often Are Units Listed?

    1 Bed788 - 1491 SQFT
    Average Sales Availability
    Every68Days
    Average Rental Availability
    Every118Days
    Ratio of Unit Type in Building23%
    1 Bed + Den810 - 1491 SQFT
    Average Sales Availability
    Every185Days
    Average Rental Availability
    Every252Days
    Ratio of Unit Type in Building8%
    2 Bed1181 - 2437 SQFT
    Average Sales Availability
    Every28Days
    Average Rental Availability
    Every53Days
    Ratio of Unit Type in Building54%
    2 Bed + Den1201 - 2092 SQFT
    Average Sales Availability
    Every123Days
    Average Rental Availability
    Every206Days
    Ratio of Unit Type in Building12%
    3 Bed2000 - 2836 SQFT
    Average Sales Availability
    Every283Days
    Average Rental Availability
    Every316Days
    Ratio of Unit Type in Building5%
    3 Bed + Den
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building1%

    Maintenance Fees
    Palace Place Condos vs The Mimico Area

    $0.14
    More Expensive
    per SQFT compared to the neighbourhood average
    Palace Place Condos's Avg
    monthly maintenance
    fee per SQFT
    $0.91
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.77
    / SQFT

    Similar condos