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Ph 4507 1 Palace Pier Court

Mimico Toronto M8V 3W9

$2,196,333

Residential Condo & Other beds: 3 baths: 3.0

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• Details
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Status:

Active

Prop. Type:

Residential Condo & Other

MLS® Num:

W12957310

Bedrooms:

3

Bathrooms:

3

• Photos (47)

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For Sale: Penthouse Suite 4507 - 1 Palace Pier Court, TorontoCondo Apartment | 3 Bedrooms | 2+1 Bathrooms | 9 Ft CeilingsPenthouse suite offering approximately 2,437 sq. ft. of interior space in a waterfront condominium. This unit features unobstructed views of Lake Ontario from the kitchen, dining area, and bedrooms, and city views from the bedrooms and den.Bright open-concept layout with large principal rooms and floor-to-ceiling windows providing natural light throughout.Interior Features:Kitchen with quartz countertops, full-height backsplash, and built-in appliancesEngineered hardwood flooring in a chevron patternCrown moldings and smooth ceilingsBathrooms with updated fixtures and vanitiesTwo den areas suitable for office or additional useBuilding Amenities Include:24-hour concierge, security, indoor pool, fitness centre, sauna, common areas, and visitor parking .Located in the Mimico waterfront area with access to parks, trails, public transit, and the Gardiner Expressway. Close to local amenities and approximately minutes to downtown Toronto.

General Info:

Property Type:

Residential Condo & Other

Property Sub Type:

Condo Apartment

Property Attached:

Yes

Home Style:

Apartment

Approx. Age:

16-30

Total Approx Floor Area:

2250-2499

Exposure:

South West

Bedrooms:

3

Bathrooms:

3.0

Kitchens:

1

Bedrooms Above Grade:

3

Kitchens Above Grade:

1

# Main Level Bedrooms:

0

# Main Level Bathrooms:

0

Rooms Above Grade:

8

Rooms:

8

Zoning:

Single Family Home

Additional Info:

Heating type:

Forced Air

Heating Fuel:

Other

Fireplaces:

1

Cooling:

Yes

Storey:

44

Balcony:

None

Basement:

None

Fireplace Features:

Electric

Fireplace/Stove:

No

Attached Garage:

Yes

Garage:

Underground

Garage Spaces:

2.0

Parking Features:

Underground

Parking Type:

Owned

Parking Spaces:

2

Total Parking Spaces:

2.0

Parking Spot #1:

31

Parking Spot #2:

95

Locker Level:

A

Locker Unit:

222

Locker:

Owned

Family Room:

Yes

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Maintenance Fee:

$2,219.5

Maintenance fees include:

Heat Included, Water Included, Condo Taxes Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included

Taxes:

$6,155.03 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto W06

Listing Sub-Area:

Mimico

Property Features / Area Influences:

Arts Centre, Hospital, Marina, Park, Public Transit, Rec./Commun.Centre

Interior Features:

Other

Pets Permitted:

Yes-with Restrictions

Inclusions:

Stainless Steel Appliances: Fridge, Stove, Dishwasher, Microwave; Electric Window Coverings, Washer, Dryer, 2 Parking Spots, 1 Locker. Un obstructed Lake View.

Exterior Finish:

Concrete

Building Amenities:

Concierge, Gym, Indoor Pool, Sauna, Squash/Racquet Court, Visitor Parking

Elevator:

Yes

Retirement:

No

Water Body Type:

Lake

Room Information:

Floor

Type

Size

Other

Ground

Kitchen

11'11"3.63 m × 8'3"2.51 m

Stainless Steel Appl, Quartz Counter, Double Sink

Ground

Foyer

17'11"5.46 m × 8'3¼"2.52 m

Stone Floor, Double Closet, 2 Pc Bath

Ground

Breakfast

11'11"3.63 m × 9'4¼"2.85 m

Overlook Greenbelt, Stainless Steel Appl, Large Window

Ground

Dining Room

16'2"4.93 m × 14'1"4.29 m

Crown Moulding, Separate Room

Ground

Living Room

26'1"7.95 m × 21'5½"6.54 m

Crown Moulding, Floor/Ceil Fireplace, East West View

Ground

Sunroom

11'5¾"3.50 m × 7'8"2.34 m

French Doors, NE View

Ground

Sitting

8'2.44 m × 7'3"2.21 m

Overlook Greenbelt, SW View

Ground

Primary Bedroom

27'7"8.41 m × 12'⅞"3.68 m

4 Pc Ensuite, Fireplace, Mirrored Closet

Ground

Bedroom 2

27'7"8.41 m × 11'3.35 m

3 Pc Ensuite, Mirrored Closet, East View

Ground

Bedroom 3

15'1½"4.61 m × 10'½"3.06 m

French Doors, Crown Moulding

Other Details:

Energy Certification:

No

Green Property Information Statement:

No

Special Designation:

Other

Air Conditioning:

Central Air

Central Vacuum:

No

Seller Property Info Statement:

No

Physically Handicapped-Equipped:

No

Laundry Access:

Other

Laundry Level:

Upper Level

Business Info:

Condo Corporation Number:

1053

Property Management Company:

Crossbridge Condominium Services

Listing Info:

Date Listed:

Apr 04, 2026

Original Price:

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Listed by RE/MAX ALL-STARS REALTY INC.

Data was last updated April 25, 2026 at 04:15 PM (UTC)

Area Statistics

Listings on market:

225

Avg list price:

$649,900

Min list price:

$280,000

Max list price:

$4,250,000

Avg days on market:

31

Min days on market:

1

Max days on market:

593

These statistics are generated based on the current listing's property type and located in Mimico. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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FAQs – Luxury Penthouse Apartments in Toronto

1. What qualifies an apartment as a luxury penthouse?
These units are typically on the highest floors, offering larger layouts, upscale finishes, and private outdoor space.

2. Are luxury penthouses in Toronto a good investment?
Yes. Due to their exclusivity and demand, they often appreciate faster and provide strong rental income potential.

3. What amenities are included in most penthouses?
Expect concierge service, private elevators, rooftop pools, gyms, spa access, and secure parking.

4. Do penthouses in Toronto have outdoor space?
Many luxury penthouse apartments feature large terraces, balconies, or rooftop patios with stunning views.

5. Can I find a family-sized penthouse in Toronto?
Absolutely. Many units offer 2–4 bedrooms with ample living space, perfect for families wanting luxury and location.