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MLS Restricted Listing
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Listing History
Unit Highlights
Off Market Listing
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Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Hydro
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
None
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Electric
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Amenities
Gym Room
Rooftop Deck
Games Room
Visitor Parking
Concierge
Party Room
Nearby Amenities
4/10
Walkability
Halfway to a walker's paradise, you might want to invest in a hoverboard.
7/10
Transit
Transit's there for you, like a loyal golden retriever.
6/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,316
Average Individual Income
$64,286
Average Household Size
0 persons
Average Age
2
Average Household Income
$109,977
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
36%
Semi Detached
26%
High Rise Apartment
20%
Low Rise Apartment
11%
Duplex
5%
Marital Status
Commute
Languages
Tagalog
1%
Spanish
1%
Mandarin
9%
Cantonese
7%
English
40%
Indigenous Language
31%
Other
11%
Education
High School
27%
Apprenticeship
3%
University and Above
33%
College
15%
University Below Batchelor
3%
None
16%
Major Field of Study
Personal, Protective & Transportation Services
3%
Health & Related Fields
12%
Architecture & Engineering
20%
Humanities
4%
Physical Sciences
4%
Math & Computer Sciences
7%
Social Sciences
10%
Education
5%
Visual & Performing Arts
3%
Business Management
25%
Price Trends
Building Trends At Palace Place Condos
Days on Strata
Units at Palace Place Condos spend an average of
33
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
8.4
YEARS before being sold againProperty Value
9%
Increase in property value within the past twelve months
Price Ranking
19th
Highest price per SQFT out of 57 condos in the Mimico area
Sold Units
18
Units were Sold over the past twelve months
Rented Units
11
Units were Rented over the past twelve months
Best Value Rank
Palace Place Condos offers the best value out of 57 condos in the Mimico neighbourhood
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Appreciation Rank
Palace Place Condos has the highest ROI out of 57 condos in the Mimico neighbourhood
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Rental Yield
Palace Place Condos yields the highest rent prices out of 57 condos in the Mimico neighbourhood
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High Demand
Palace Place Condos is the most popular building out of 57 condos in the Mimico neighbourhood
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Transaction Insights at 1 Palace Pier Court
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $685,000 - $973,000 | $730,000 | $600,000 - $2,398,000 | $901,000 - $2,250,000 | $2,200,000 - $2,875,000 | No Data |
Avg. Cost Per Sqft | $1,040 | $977 | $898 | $1,011 | $1,079 | No Data |
Price Range | $2,850 | $2,650 | $3,650 - $4,500 | $4,180 - $4,400 | No Data | No Data |
Avg. Wait for Unit Availability | 65 Days | 205 Days | 29 Days | 181 Days | 289 Days | No Data |
Avg. Wait for Unit Availability | 123 Days | 225 Days | 54 Days | 194 Days | 296 Days | No Data |
Ratio of Units in Building | 23% | 8% | 53% | 13% | 4% | 1% |
Maintenance Fees
Palace Place Condos vs The Mimico Area