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
Data was last updated April 1, 2026 at 02:15 AM (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.
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.