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$1,149,000
DOM20daysPalace Pier · 1 Palace Pier Court · Toronto · Ontario M8V 3W9
20 days on market
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! Designe…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX REALTY ENTERPRISES INC.
Source: TRREB/PROPTX · MLS® W13859196
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,100 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $52,307 | $4,359/mo |
| Government & taxes | ||
| Property tax | $4,019 | $335/mo |
| Land transfer tax(closing) | $19,455 | $1,621/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $11,490 | $958/mo |
| Condo fees | ||
| Condo / HOA fees | $17,435 | $1,453/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $113,866 | $9,489/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.