1 Palace Pier Crt, unit 2105 for sale in Mimico - image #1
1 Palace Pier CrtUnit 2105
Walkability
5/10
Transit
8/10
Bikeability
7/10
Map Location Unknown
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
List Price
$549,000
Sold for
$411/SQFT
Total Days on Market
48
Maintenance
$983/mth
Taxes
$3,315
Property Type
Condo
CONDO Demand
high
Unit Availability
Above Average
Locker
Yes
Parking
No
Outdoor Space
None
Exposure
South West
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1 Palace Pier Crt | Unit #2105 at Palace Place Condos

Market Temperature
Buyer's Market
Balanced
Seller's Market

Room Dimensions

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Maintenance Fees Cover

Maintenance Fees Include

Hydro
Heat
Air Conditioning
Water
Building Maintenance
Building Insurance

Owner Pays Separately

None

Amenities

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

Travel Times

Listing History for Unit 2105

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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
Every126Days
Ratio of Unit Type in Building23%
1 Bed + Den810 - 1491 SQFT
Average Sales Availability
Every185Days
Average Rental Availability
Every239Days
Ratio of Unit Type in Building9%
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

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