1 Palace Pier Crt #1208, Toronto

Name: 1 Palace Pier Court, Unit 1208
SKU: W14130444
Price: 1049900 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 1208 at 1 Palace Pier Court

Waking up here feels less like home... and more like vacation! Experience next-level luxury in this tastefully renovated 2-bedroom, 2-bath suite at the prestigious Palace Place, Toronto's iconic waterfront residence. Close to1200sqft, this thoughtfully redesigned living space has over 200k in top-to-bottom upgrades and blends elegance, modern convenience, and smart technology. Highlights include fully integrated SMART home system: control lighting, climate & blinds right from your phone! Designer-selected hardwood flooring throughout, gourmet kitchen with custom built-in appliances, quartz counters, sleek cabinetry & breakfast island. Enjoy the spacious, open-concept layout with sun-filled living areas, 2 luxurious bathrooms with premium finishes and agenerous primary suite with spa-like ensuite and custom walk-in closet. Coveted parking and locker combo. Hotel-like 5 Star amenities includes: 24/7 concierge, valet parking, and doorman, private shuttle service to downtown Toronto, state-of-the-art gym, indoor pool, spa, sauna, tennis courts, guest suites, party rooms, library, convenient store and on-site restaurant **All-inclusive maintenance fees - covering utilities and premium services** Who needs a resort when your condo feels like one? Live where every day feels like a getaway.

2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $1,050 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 1 Palace Pier Crt #1208

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 1000-1199 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 #1208 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 29, 2026For saleListedThis listingMLS® W14130444$1,049,900
LeasedPreviously listedMLS® W12419175View listing (opens in a new tab)

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1 Palace Pier Crt #1208 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,083,103
Average days on market: 32
Homes sold: 9,067

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,738Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.

Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1208 — 1 Palace Pier Court 2 bd · 2 ba · 1,000 sqft	$1,049,900asking	$1,050	—	—
195 McCaul Street 1 bd · 1 ba · 600 sqft
725 King Street 1 bd · 1 ba · 600 sqft
500 Wilson Avenue 2 bd · 2 ba · 500 sqft
28 Empress Avenue 2 bd · 2 ba · 1,000 sqft
1801 O'Connor Drive 2 bd · 1 ba · 700 sqft
30 Nelson Street 1 bd · 1 ba

195 McCaul Street
1 bd · 1 ba · 600 sqft
725 King Street
1 bd · 1 ba · 600 sqft
500 Wilson Avenue
2 bd · 2 ba · 500 sqft
28 Empress Avenue
2 bd · 2 ba · 1,000 sqft
1801 O'Connor Drive
2 bd · 1 ba · 700 sqft
30 Nelson Street
1 bd · 1 ba

More in this building

6 for sale · 2 for rent at 1 Palace Pier Crt — plus its sale and lease history.

See all of 1 Palace Pier Crt

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Jane StationLine 22.2 km
Runnymede StationLine 22.3 km
High Park StationLine 22.5 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Jane Station (Line 2)2.2 km
Runnymede Station (Line 2)2.3 km
High Park Station (Line 2)2.5 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Jane Station
2.2 kmClosest· Line 2
Homes near Jane Station
Runnymede Station
2.3 km· Line 2
Homes near Runnymede Station
High Park Station
2.5 km· Line 2
Homes near High Park Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 1 Palace Pier Crt #1208. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 1 Palace Pier Crt #1208

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $5,158; 20% down · 25 years · 5.5% assumed
Property tax: $577; 0.66% mill rate · ON
Total per month: $5,735; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$5,158

/mo

based on the purchase price of $1,049,900

Down payment20%

$209,980 cash

Amortization25 yr

$839,920 financed

Rate5.50%

$707,433 total interest

Principal54%$839,920

Interest46%$707,433

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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.

Book a tour of 1 Palace Pier Crt #1208 with a licensed buyer's agent

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Questions About 1 Palace Pier Crt #1208

How much is 1 Palace Pier Crt #1208 listed for?

1 Palace Pier Crt #1208 is listed at $1,049,900 (MLS® W14130444). Summitly updates the price as soon as the MLS® record changes.

Is $1,049,900 a good price for 1 Palace Pier Crt #1208?

Summitly rates it Well Above Market: the asking price is 15% or more 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 #1208 changed?

No — 1 Palace Pier Crt #1208 is still listed at its original asking price of $1,049,900.

How many bedrooms and bathrooms does 1 Palace Pier Crt #1208 have?

1 Palace Pier Crt #1208 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.

Is 1 Palace Pier Crt #1208 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 #1208?

About $5,158 a month — principal and interest on $1,049,900 with 20% down ($209,980), 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 #1208 compare with other homes in Toronto?

Its asking price of $1,049,900 is about 25% above the median sold price in Toronto over the last 90 days, $840,000, across 9,067 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 #1208 been sold before?

Yes — Summitly has 1 earlier MLS® listing of 1 Palace Pier Crt #1208 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 1 Palace Pier Crt #1208?

1 Palace Pier Crt #1208 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 1 Palace Pier Crt #1208 been on the market?

1 day — 1 Palace Pier Crt #1208 was listed on October 29, 2026.

What is the price per square foot of 1 Palace Pier Crt #1208?

About $876 to $1,050 per square foot: the asking price of $1,049,900 over the 1,000–1,199 sq ft the listing gives as its size range.

Does 1 Palace Pier Crt #1208 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know