Real Estate

Designer Mimico three-bedroom suite at sells for $2.875-million on day one

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Royal LePage Real Estate Services Ltd.

1 Palace Pier Court, No. 3401, Toronto

Asking price: $2,999,000 (December, 2023)

Selling price: $2,875,000 (December, 2023)

Previous selling price: $2.1-million (June, 2019); $1.15-million (July, 2009); $519,626 (July, 1996)

Taxes: $8,095 (2023)

Days on the market: one

Listing agent: Luke Dalinda, Royal LePage Real Estate Services Ltd.

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The 2,836-square-foot unit is one of the largest in the 47-storey Palace Place condo.Royal LePage Real Estate Services Ltd.

The action

Agent Luke Dalinda said he generally avoids listing properties for sale two weeks before Christmas, but an exception was made for this three-bedroom suite at the Palace Place condo tower where the Humber River meets Lake Ontario. It is one of the largest units in the 47-storey tower, with 2,836 square feet of living space. Seventeen visitors toured the space at the open house and

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