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Property Description
Welcome to Palace Place which is recognized as one of Toronto's most luxurious waterfront condominium residences. This fabulous spacious 2 bedroom 2.5 bathroom suite offers floor to ceiling windows allowing natural light and breathtaking forever south, east, and west facing panoramic views of the lake and the city. Update this flexible layout to your own specifications and desires. The living and dining rooms are open concept with a sunroom and wood flooring. The kitchen also has a large breakfast area. The primary bedroom features a walk-in closet, sunroom, and a six piece ensuite bath with a view that you won't want to miss. The second bedroom has the same stunning views and windows. Broadloom in both bedrooms has been conveniently removed to accommodate new owners flooring choice. A huge locker is included adjoining the parking area. Enjoy the all inclusive services that include a private shuttle service, valet parking, 24 hr. concierge service and security. Area includes walking trails by the lake, marina, easy access to QEW, 427, and the Gardiner Expressway. Amenities include a penthouse party room, piano lounge, games room, library, dining room, glass domed swimming pool, hot tub, sauna/steam rooms, squash and tennis courts, BBQ picnic area and a putting green.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2025-01-07 | 2025-02-07 | 31 | $1,799,000 | - | Terminated |
Nearby Intersections
Lake Shore & Park Lawn (182)
Kingsway & Queensway (59)
Property Features
Clear View, Lake Access, Lake/Pond, Marina, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1800-1999
Taxes
$5,808 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A, #292)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 21.10' x 16.73' | Overlook Water, East West View, Open Concept |
Dining | Main | 14.40' x 11.71' | Overlook Water, Large Window, Open Concept |
Sunroom | Main | 7.09' x 7.09' | Overlook Water, South View, East West View |
Kitchen | Main | 12.01' x 12.14' | Pantry, Tile Floor, Centre Island |
Breakfast | Main | 9.19' x 15.49' | |
Prim Bdrm | Main | 12.01' x 7.32' | West View, 6 Pc Ensuite, Large Window |
2nd Br | Main | 13.81' x 20.21' | South View, East West View, Large Window |
Sunroom | Main | 7.09' x 7.09' |
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Etobicoke Market Statistics
Etobicoke Price Trend
1 Palace Pier Crt 1103 is a 2-bedroom 3-bathroom condo listed for sale at $1,690,000, which is $933,399 (123.4%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Etobicoke increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Etobicoke over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Etobicoke typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Etobicoke over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Etobicoke stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Prime Properties - Unique Group
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