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Jordan Prussky Photography

80 Palace Pier Court., Ph503, Toronto

Asking price: $1,895,000 (Oct. 2019)

Selling price: $1.7-million (Nov. 2019)

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Taxes: $4,376 (2019)

Days on the market: 17

Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty

The action

This two-bedroom penthouse has southeast exposure overlooking Humber Bay Shores Park and Lake Ontario.

Jordan Prussky Photography

In Mimico, few units are as spacious and stylish as this renovated, two-bedroom penthouse and even fewer have three balconies and southeast exposure overlooking Humber Bay Shores Park and Lake Ontario.

However, its roughly $2.1-million price was double or triple that of older suites nearby, so it was relisted with two successive asking price drops of about $100,000 in the fall. Finally, in November, a deal was negotiated for $1.7-million.

The unit has 16-foot ceilings in the principal room.

Jordan Prussky Photography

“What was being offered was quite uncommon, so we couldn’t use any comparables in the building or anything in the surrounding area,” agent Christopher Bibby said.

“Nothing has sold for over $1,000 per square foot, so we were willing to take a chance and see how far we could push the price.”

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What they got

The kitchen features a quartz island and Sub-Zero, Miele and Wolf appliances.

Jordan Prussky Photography

In a mid-rise building not quite 20 years old, this 1,705-square-foot unit comes with many added extras, from three-car parking and three bathrooms to 16-foot ceilings in the principal room.

The custom Downsview kitchen also features a quartz island and Sub-Zero, Miele and Wolf appliances.

Monthly fees of $1,324 cover water and heating.

The agent’s take

The lake view from the balcony gives the unit a cottage feel.

Jordan Prussky Photography

“In a lot of high-rise buildings, you’re not getting a view until the 10th, 18th or 30th floor because you have buildings in every direction. But for us on the [fifth floor], we had a pure lake view,” Mr. Bibby said.

“It felt like you had a cottage. There were times when I was on the balcony and the only thing you could hear were ducks or birds taking off from the lake.”

The unit’s recent makeover was also standout. “Our clients did a very high-end renovation and opened the whole place up with a designer … so it wasn’t just a matter of putting in a new kitchen or floors, but all the electrical, plumbing, bathrooms, home automation systems and integrated lighting and sound,” Mr. Bibby said.

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For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

Open this photo in gallery: Gallery photo 1
689000.00
#2904 -1 PALACE PIER CRT, Toronto, Ontario
HARVEY KALLES REAL ESTATE LTD.
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Absolutely Incredible Unit W/The Most Desirable South West View In Toronto. This Rarely Available 07 Unit On The 29th Floor At 1 Palace Pier Is One Of A Kind. Amazing Opportunity To Own A View That Will Never Change. Great Functional Layout Including A Great Size Living & Dining Area. As Well Featuring A Large Eat In Kitchen. 1 Palace Pier Is One Of The Premiere Buildings In Toronto. Valet Parking. Gated Security, Concierge Services Are Just To Name A Few.**** EXTRAS **** The Amenities Include Tennis Courts, Putting Green & Golf Cage, Car Wash, Party Rooms, Swimming Pool, Sauna, Visitor Suites, Meeting Rooms, Billiard Rooms. You Cannot Find These Amenities In Toronto. This Is Like Living At A Resort! (id:31729)
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Open this photo in gallery: Gallery photo 1
699900.00
#1604 -16 BROOKERS LANE, Toronto, Ontario
RE/MAX PREMIER INC.
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Waterfront, Ultra Modern Condo !!! Steps To The Lake! Great For Outdoor Lovers! Walkout To 200 Sq. Ft., Of Balcony With Breathtaking View Of The Lake & City Skyline! Parking & Locker, 9 Ft. Ceilings, Engineered Hardwood Flooring, Upgraded Kitchen & High Quality Gray Glossy Or Glass Cabinets, Ceaserstone Counter Tops, Glass Filled Backslash, Porcelain Tiles In Washrooms, Ensuite 3 Piece Washroom & Walk In Closet, Frame Less Shower Door. World Class Amenities.**** EXTRAS **** Upgraded S/S Fridge, Stove, Microwave, Washer/Dryer, All Elf's 24 Hr. Concierge, Swimming & Lap Pool, Gym, Spinning, Cyber & Room, Theatre, Billiard, Dining & Party Room With Full Kitchen, Minutes To Downtown, 10 Minutes To Pearson Airport. (id:31729)
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Open this photo in gallery: Gallery photo 1
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C-O-R-N-E-R Unit With Huge L Shape Open Balcony.Bright Sun Filled Natural Light With Large Picture Windows. Excellent Spacious Layout With 2 Closets In Foyer. Outstanding Sw View W/Overlooking Of Lake Ontario. Luxury Building W/Fascinating Amenities. Easy Access To Lake Shore, Bike & Walking Trails, Park, Hwy, Down Town, Restaurants, Cafe, Metro And More..One Parking And Locker Is Included.**** EXTRAS **** Existing S/S Fridge, S/S Stove, B/I Dishwasher, Washer & Dryer, Microwave/Hood All Elf, Window Covering, Elf. Great Amenities: Gym, Party Room, Movie Theater, Gorgeous Lobby , Indoor Swimming Pool. Guest Room. Visitor Parking, (id:31729)
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Open this photo in gallery: Gallery photo 1
615000.00
#1805 -16 BROOKERS LANE, Toronto, Ontario
SUTTON GROUP-ADMIRAL REALTY INC.
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Welcome To 16 Brookers Lane Unit 1805 - Cool, Calm And Sophisticated With A Youthful Edge, This Functional Suite Is Enveloped In Light And Comfort. Crisp White Walls, Laminate Floors And 9Ft Ceilings Create A Style As Timeless As The Sparkling Lake View. The Calming Lake Vista, Captured Through The Units Oversized Windows, Will Help You Forget Your City Stress.The Floor Plan Encompasses A Large Bedroom With Plenty Of Room For Study, Sleep And Storage.**** EXTRAS **** Other Highlights Include An Updated 4Pc Bathroom, Sleek And Stylish Kitchen That Flows Through To The Living Room And Private S/E Facing Balcony, Cleverly Concealed Laundry Room & Open Concept Den/Office. Includes A Locker And Parking Spot. (id:31729)
Listing ID W4728671
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Open this photo in gallery: Gallery photo 1
899900.00
16 BROOKERS LANE, Toronto, Ontario
PURPLEBRICKS
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Beautiful Lake View, Amazing Location Situated Among Many Shops, Services, Transportation, And Walking Paths, This Building Has It All! Amenities Include Indoor Pool, Sauna And Spa, Fitness Room, 24 Hour Concierge/Security, Library, Billiards Room, Movie Theatre, & Bbq Area. 2 Bedrooms, 2 Full Baths, Including Master Ensuite, Wall Of Windows For Abundant Natural Night, In-Suite Laundry, Several Elegant Upgrades, And 2 Underground Parking Spaces (id:31729)
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