1 Palace Pier Court 3801, Toronto W06

$2,375,000
1 Palace Pier Court 3801

$2,375,000

New
25d
Condo ApartmentApartment

1 Palace Pier Court 3801, Toronto W06

Total Monthly Obligation $13,947

Beds
3
Baths
3
Park
2
Sqft
2750-2999
DOM
25d
Score
14
Yield
4.2%
Cash on Cash
-12.2%
Cap Rate
2.0%
5Y IRR
6.1%
10Y IRR
7.2%
Property Type-Condo Apartment
MLS® Number-W13835612
Beds-3
Bathrooms-3
Size-2750-2999 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$9,399.56 (2026)
Maintenance-$3,384.1/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Other
Possession-60 days/TBA
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Find out why Palace Place is the better building. Elevated living and classical elegance captivatingly merged without compromise. Suite 3801 is a palatial condominium residence, with approximately 2,836 square feet of luxury living space, 3-bedrooms, and the most enchanting views of the lake, the city skyline, and High Park. This spectacular residence has been thoughtfully built using the finest materials, refined finishes, one-of-a-kind details, and quality craftsmanship that have been beautifully combined to create timeless appeal. Palace Place is Toronto's most luxurious waterfront condominium residence. Palace Place defines luxury from offering high-end finishes and appointments to a full spectrum of all-inclusive services that include a private shuttle service, valet parking, and one of the only condominiums in Toronto to offer Les Clefs d'Or concierge services, the same service that you would find on a visit to the Four Seasons. *The all-inclusive fees are among the lowest in the area, yet they include the most. **2 Parking spots and 2 lockers**

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,900,000
Land Transfer Taxes$45,850
Legal Fees (Est.)
$
Total cash required for closing$522,350

Total Monthly Obligation

$13,947/mo
Mortgage $9,580
Monthly Loss $11,427
Principal$2,521
Interest$7,059
Property Tax$783
Condo Fees$3,384
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.1%0
5-Year IRR
4.0%8
10-Year IRR
6.1%
Returns Index
5.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$100,260/yr
NOI
$37,825/yr
Net Cash Flow
-$6,428/mo
Cash Margin
-76.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
11.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1 Palace Pier Court 3801

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.