$688,800 - 1 Palace Pier Court Unit 4104, Liberty Village
Condo for Sale in Liberty Village
83 days on market- MLS Number
- W12929834
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to Palace Place, Toronto's Most Prestigious Waterfront Residence. This Expansive 41st-Floor Sanctuary Offers Breathtaking, Unobstructed West-Facing Views Of Lake Ontario, Delivering Spectacular "Golden Hour" Sunsets. Meticulously Upgraded, The Suite Features Premium Flooring, Fresh Paint, A Fully Renovated Spa-Like Bathroom, Brand-New Washer/Dryer, And High-End Custom-Built Closets. Living Here Means Enjoying A Full Spectrum Of All-Inclusive, White-Glove Services, Including 24/7 Gated Security With Monitored Cameras, Valet Parking, And Elite Concierge Services. The Unrivaled Amenities Include A Private Shuttle To Union Station, A Newly Added Pickleball Court, Two Indoor Golf Driving Ranges, A Private Putting Green, A State-Of-The-Art Gym, And A Solarium Indoor Pool With A Whirlpool And Women's Spa. Socialize At The On-Site Restaurant Or Host In The 47th-Floor Party Room, Featuring A Multimedia System, Games Room, And A Sun Deck With Panoramic Lake And City Views. Relax In The Lush Garden Piazza With Community BBQs Or Enjoy The Convenience Of An On-Site Variety Store And ATM. Remarkably, The All-Inclusive Fees Are Among The Lowest In The Area Yet Cover Heat, Hydro, Water, And Standard TV Cable, Plus Exclusive Rogers Ignite Internet For Only $26/Mo (Retail $119.99/Mo). Free Wi-Fi Is Provided In The Lobby, Gym, And 47th Floor. Experience The Pinnacle Of Elegance In Toronto's Most Iconic Lakeside Tower.
Estimate your monthly payments for this property
Estimated Payment
$3,533.90/mo
Includes CMHC insurance ($19,218)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Liberty Village / Parkdale / South Parkdale
Liberty Village / Parkdale / South Parkdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Liberty Village / Parkdale / South Parkdale
- •Convenient location in Liberty Village / Parkdale / South Parkdale
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Liberty Village / Parkdale / South Parkdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Palace Pier Court Unit 4104, Liberty Village / Parkdale / South Parkdale
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $861/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 83 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Liberty Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,870 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.