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1 / 0
New1 hour ago

3801 - 1 Palace Pier Court

Mimico, Toronto

$2,375,000

Condo Apartment |
3 | 3 | 2 | 1
About this home

Elevated living and classical elegance captivatingly merged without compromise. Suite 3801 is a palatial condominium residence, with approximately 2,836 square feet of luxury living space, 3-bedrooms, and the most enchanting views of the lake, the city skyline, and High Park. This spectacular residence has been thoughtfully built using the finest materials, refined finishes, one-of-a-kind details, and quality craftsmanship that have been beautifully combined to create timeless appeal. Palace Place is Toronto's most luxurious waterfront condominium residence. Palace Place defines luxury from offering high-end finishes and appointments to a full spectrum of all-inclusive services that include a private shuttle service, valet parking, and one of the only condominiums in Toronto to offer Les Clefs d'Or concierge services, the same service that you would find on a visit to the Four Seasons. *The all-inclusive fees are among the lowest in the area, yet they include the most. **2 Parking spots and 2 lockers**

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size2750-2999 sq. ft.
Maintenance Fees$3,384
LockerOwned
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesTandem
Property Tax$9,400
mls© NumberW13835612
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,156
Property tax
$783
Heat allowance
$150
Condo fees, half counted
$1,692
Housing costs
$14,782 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $475,000
25-yr amortization

Income needed

$455,000

gross annual household income

Payment at 4%
$9,994 / mo
Cash down
$475,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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