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Humber Bay Shores · Building guide
Palace Place Condominiums
1 Palace Pier Court, Toronto. The white-glove landmark. Full-service, and priced like it.
Building guide · Updated November 2026
Our track record at Palace Place
Two buyer-side deals, both in 2019. Both bought below asking.
2-bed, 3-bath · Listed $1,550,000
Level 21, south-east lakeside exposure. About 1,900 sq ft. 24 days on market.
Represented the buyer1-bed, 2-bath · Listed $598,000
Level 38, north-east exposure. 1,106 sq ft. 16 days on market.
Represented the buyerRead the sold story: Suite 2201 → · Suite 3911 →
Suite 2201 was a referred downsizer couple, done with shovelling and cutting grass. They wanted freedom and simplicity. Suites came and went. We stayed patient until the exact right exposure came to market, and our buyers landed it.
Suite 3911 was 1,106 square feet at an incredible value per square foot, but it needed elbow grease. Where most buyers would have seen a project, our buyer saw the finished product, and turned it into a luxurious home in the sky with the Humber River and High Park out the window.
The market snapshot
What the numbers look like. Dated, so you know exactly how fresh this is.
*Per-sq-ft range from list prices on 5 active MLS listings via condos.ca, November 12, 2026 (units 607, 1611, 602, 2210, 3801). Condos.ca building average is $760 per sq ft. Days on market from our TRREB deal-history CSVs: Suite 2201, 24 days; Suite 3911, 16 days. Fee range from active MLS listings at 1 Palace Pier Court, November 12, 2026; smaller suites run $922 to $1,764 a month, larger suites above $3,300. Average fee per sq ft from Homeh, market data as of November 9, 2026. Fees are all-inclusive: heat, hydro, water, cable TV, building insurance, parking and common elements. Confirm current figures before making decisions.
Amenities
Resort-style, and genuinely used. Five acres of landscaped grounds on the Humber River, tennis courts and an indoor golf range round it out.
- Valet parking and 24-hour concierge
- Daily shuttle to Union Station
- Indoor saltwater pool, whirlpool and sauna
- Fitness centre and spa
- Squash and racquetball courts
- Rooftop piano lounge and sky lounge
- Party room, library and theatre
- Guest suites
- Putting green, mini golf and pickleball court
- Underground parking and visitor parking
Jim's take
Who it suits: downsizers who want the full white-glove treatment, and buyers who want the most serviced building on the strip. Valet, concierge, shuttle, pool, spa. You pay for it in the fee, and you use it every day. Jim calls it the jewel of all the condos along Humber Bay.
Best buys: high floors for the view. North-east suites face the Humber River and High Park. South-east suites face the lake and the skyline. Original early-90s interiors trade at a real discount to renovated suites. The renovation spread is the opportunity in this building. We proved it at Suite 3911.
Watch-outs: the fee is real money. About $1.06 per square foot a month on average, and it climbs with suite size. Large suites can run past $3,300 a month. Compare like with like: heat, hydro, water and cable are already in it. Read the status certificate and the reserve fund study before you buy. And with 504 suites, you compete with your neighbours when you sell. Presentation is what separates the quick sales from the stale ones.
“The condos of Palace Place never disappoint me or my clients.” Jim
Palace Place, answered
What are the maintenance fees at Palace Place?
As of November 2026, recent listings show fees from about $922 to $3,384 a month depending on suite size. Smaller suites run $922 to $1,764 a month. They are all-inclusive: heat, hydro, water, cable TV, building insurance, parking and common elements. Always confirm the current schedule before buying.
Are pets allowed?
Yes, with restrictions. Verify the current pet rules with property management, as policies can change.
Can I rent out my unit?
Yes, rentals are permitted, and units are listed for rent now, which keeps the investor case intact alongside end-user demand.
Who built it, and when?
Bramalea Limited, completed 1993. A 44-storey concrete tower with 504 suites (condo corp MTCC 1053).
What's the parking situation?
Underground parking, typically one space per suite, with some suites having two, plus valet and visitor parking. Lockers are typically included or exclusive-use.
Inside Palace Place
The tower, the entrance, the grounds and the bridge.
Photos by Jim Emilson, October 2026, except the tower exterior from one of our 2019 listings in the building.
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