4502 1 Palace Pier Court
Mimico
Toronto
M8V 3W9
$5,000
Residential Condo & Other
beds: 2+1
baths: 3.0
- Status:
- For Lease
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- W12938928
- Bedrooms:
- 2+1
- Bathrooms:
- 3
- Photos (24)
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Rising above the shoreline in one of Toronto's most iconic waterfront residences, this spectacular penthouse at 1 Palace Pier delivers elevated luxury living with breathtaking, unobstructed views of Lake Ontario and the CN Tower. Spanning over 1,600 square feet, this expansive 2-bedroom, 3-bathroom suite offers a refined, functional layout designed for both everyday comfort and elegant entertaining. Each generously sized bedroom is a private retreat, complete with its own spa-inspired ensuite and walk-in closet - perfectly balancing privacy and indulgence. The sun-drenched solarium provides a versatile bonus space ideal for a home office, reading lounge, or serene morning coffee overlooking the water. Floor-to-ceiling windows flood the home with natural light while framing panoramic skyline and lake vistas that transition beautifully from day to night. A rare offering, this penthouse includes two premium parking spaces and showcases the prestige, space, and lifestyle discerning individuals expect along the waterfront. Palace Pier is built on convenience with valet parking and a shuttle bus taking residents from the condo to Union Station. Experience elevated living where luxury meets lifestyle.
- Lease Term:
- 12 Months
- Lease Agreement:
- Yes
- Property Portion Lease:
- Entire Property
- Payment Frequency:
- Monthly
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Home Style:
- 1 Storey/Apt
- Total Approx Floor Area:
- 1400-1599
- Exposure:
- South East
- Bedrooms:
- 2+1
- Bathrooms:
- 3.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 7
- Heating type:
- Forced Air
- Heating Fuel:
- Electric
- Storey:
- 44
- Balcony:
- Enclosed
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- Underground
- Garage Spaces:
- 2.0
- Parking Features:
- Underground
- Parking Type:
- Owned
- Parking Spaces:
- 2
- Total Parking Spaces:
- 2.0
- Parking Spot #1:
- LEVEL A / 129
- Parking Spot #2:
- LEVAL A / 130
- Locker Number:
- 471
- Locker Level:
- LEVEL B
- Locker Unit:
- 471
- Locker:
- Owned
- Family Room:
- No
- Payment Method:
- Other
- Security Deposit Required:
- Yes
- References Required:
- Yes
- Rental Application Required:
- Yes
- Credit Check:
- Yes
- Employment Letter:
- Yes
- Assessment:
- $- / -
- Toronto
- Toronto W06
- Mimico
- Beach, Clear View, Lake/Pond, Public Transit, Rec./Commun.Centre
- Carpet Free, Intercom, Primary Bedroom - Main Floor
- Security Guard
- Yes-with Restrictions
- N/A
- Includes: All utilities, including heat, hydro, water, and cable. Building has a shuttle from the front door to Union Station. State-of-the-art amenities. Valet parking. All appliances, light fixtures, and window coverings are included in lease.
- N/A
- Brick
- Bike Storage, Community BBQ, Exercise Room, Indoor Pool, Party Room/Meeting Room, Rooftop Deck/Garden
- No
- No
- No
- Floor
- Type
- Size
- Other
- Main
- Kitchen
- 11'3.35 m × 8'2.44 m
- Hardwood Floor, Quartz Counter, Overlooks Dining
- Main
- Living Room
- 26'7"8.10 m × 21'6.40 m
- Overlook Water, Hardwood Floor, Large Window
- Main
- Dining Room
- 26'7"8.10 m × 21'6.40 m
- Overlooks Living, Open Concept, Hardwood Floor
- Main
- Solarium
- 8'2.44 m × 7'2.13 m
- Hardwood Floor, Overlook Water, Window Floor to Ceiling
- Main
- Bedroom
- 17'9"5.41 m × 14'8"4.47 m
- 5 Pc Ensuite, Hardwood Floor, Walk-In Closet(s)
- Main
- Bedroom 2
- 19'5.79 m × 9'9"2.97 m
- Walk-In Closet(s), 4 Pc Ensuite, Hardwood Floor
- Main
- Laundry
- 8'2.44 m × 6'9½"2.07 m
- Tile Floor, Laundry Sink, Separate Room
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Special Designation:
- Unknown
- Furnished:
- Unfurnished
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Laundry Access:
- Ensuite, In-Suite Laundry, Laundry Room, Sink
- Laundry Level:
- Main Level
- Condo Corporation Number:
- 1053
- Property Management Company:
- FIRST SERVICE RESIDENTIAL, 416-503-1200
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Listed by THE AGENCY
Data was last updated March 31, 2026 at 07:15 PM (UTC)
Area Statistics
- Listings on market:
- 204
- Avg list price:
- $646,944
- Min list price:
- $280,000
- Max list price:
- $4,250,000
- Avg days on market:
- 33
- Min days on market:
- 1
- Max days on market:
- 568
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.
- Markian Silecky
- REMAX PROFESSIONALS INC.
- 647-282-7653
- markian@sileckythompson.com
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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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