$689,000 - 1 Palace Pier Court Unit 607, Liberty Village
Condo for Sale in Liberty Village
- MLS Number
- W13235294
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- None
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome To Suite 607 At 1 Palace Pier Court, An Exquisite Residence Nestled Within One Of Toronto's Most Prestigious Waterfront Addresses. Offering A Rare Blend Of Sophisticated Design, Resort-Inspired Amenities, And An Unparalleled Lakeside Lifestyle, This Stunning Suite Presents A Unique Opportunity To Experience Luxury Living At Its Finest. From The Moment You Enter, You Are Greeted By An Elegant And Thoughtfully Designed Interior Featuring Spacious Principal Rooms, Refined Finishes, And An Abundance Of Natural Light. The True Showpiece Of This Home Is The Spectacular Designer Bathroom Renovation, Showcasing Floor-To-Ceiling Porcelain Tile Work, A Luxurious Free-Standing Soaker Tub, Premium Fixtures, And A Timeless Spa-Inspired Aesthetic That Rivals The Finest Boutique Hotels. Every Detail Has Been Carefully Curated To Create An Atmosphere Of Comfort And Sophistication. Residents Of Palace Place Enjoy Access To An Exceptional Collection Of Amenities Including A Fitness Centre, Indoor Swimming Pool, Whirlpool, Sauna, Squash Courts, Putting Green, Guest Suites, Library, Party And Meeting Rooms, Shuttle Service, Valet Parking, Car Wash Facilities, And Beautifully Maintained Grounds Overlooking Lake Ontario. The Renowned Concierge Team Provides Unmatched Service And Security, Delivering The White-Glove Experience That Has Made Palace Place One Of Toronto's Most Celebrated Luxury Condominium Communities. Perfectly Situated Along Toronto's Coveted Waterfront, This Premier Location Offers Immediate Access To Scenic Walking And Cycling Trails, Marinas, Waterfront Parks, Downtown Toronto, Major Highways, Pearson Airport, And Exceptional Dining, Shopping, And Entertainment. Every Aspect Of Life Here Is Defined By Convenience And Luxury. Suite 607 Is More Than Just A Home. It Is A Lifestyle Reserved For Those Who Appreciate Excellence, Exceptional Service, And The Very Best Of Toronto Waterfront Living.
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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 607, 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 $984/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 700 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 $2,871 (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.