Palace Place

Palace Place, located at 1 Palace Pier Court in Mimico, Toronto, is a 45-storey high-rise apartment condominium completed in 1993. The building comprises approximately 1,385 square feet per unit on average, with recent sales averaging around $1,100,000 and median prices near $1,000,000. Monthly maintenance fees average roughly $1,573, or approximately $1.10 per square foot, including heat, water, hydro and building insurance. Residents enjoy extensive amenities including an indoor pool, gym, tennis and squash courts, guest suites, rooftop deck and concierge service, all positioned along Lake Ontario's waterfront. Before finalizing a purchase, retain a professional to review the status certificate, reserve fund study, financial statements, board minutes and by-laws to ensure full transparency on the building's financial health and governance.