1 Palace Pier Crt #602 is a 2-bedroom, 1-bathroom condo in Toronto, listed for $1,070,000. It has 1200-1399 sq ft of living space.
1This immaculately managed condominium residence is a beacon of grandeur that impresses at every turn.
2This 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.
3Immerse yourself in the essence of sophisticated living at Palace Place.
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.
2 bedrooms, 1 bathroom, about 1,200 sq ft, works out to roughly $892 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1 Palace Pier Crt #602
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1 Palace Pier Crt #602 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13484066$1,070,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1 Palace Pier Crt #602 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,257
/mo
based on the purchase price of $1,070,000
$214,000 cash
$856,000 financed
$720,977 total interest
Principal54%$856,000
Interest46%$720,977
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $1.1M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,307Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 1 for rent at 1 Palace Pier Crt — plus its sale and lease history.
1 Palace Pier Crt #602 is listed at $1,070,000 (MLS® W13484066). Summitly updates the price as soon as the MLS® record changes.
Is $1,070,000 a good price for 1 Palace Pier Crt #602?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1 Palace Pier Crt #602 changed?
No — 1 Palace Pier Crt #602 is still listed at its original asking price of $1,070,000.
How many bedrooms and bathrooms does 1 Palace Pier Crt #602 have?
1 Palace Pier Crt #602 has 2 bedrooms and 1 bathroom, with about 1,200–1,399 square feet of living space. It is a condo in Toronto.
Is 1 Palace Pier Crt #602 close to transit?
The nearest rapid-transit station is Jane Station (Line 2), about 2.2 km in a straight line. Runnymede Station is about 2.3 km, and High Park Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1 Palace Pier Crt #602?
About $5,257 a month — principal and interest on $1,070,000 with 20% down ($214,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1 Palace Pier Crt #602 compare with other homes in Toronto?
Its asking price of $1,070,000 is about 27% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1 Palace Pier Crt #602 been sold before?
Summitly has no earlier MLS® sale or lease of 1 Palace Pier Crt #602 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1 Palace Pier Crt #602?
1 Palace Pier Crt #602 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1 Palace Pier Crt #602 been on the market?
121 days — 1 Palace Pier Crt #602 was listed on June 24, 2026.
What is the price per square foot of 1 Palace Pier Crt #602?
About $765 to $892 per square foot: the asking price of $1,070,000 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 1 Palace Pier Crt #602 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
