
607- 1 Palace Pier Court, Toronto W06
Toronto W06
$689,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
61
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
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.
MississaugaInvestor.ca
607- 1 Palace Pier Court
Condo Apartment · 1bd/1ba · ~750 sqft
$689,000
Cash-Flow Report · August 3, 2026
Cap Rate
-0.01%
Monthly Cash Flow
-$3,177/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-25.24%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$3,171 |
| Property Tax | −$546 |
| Insurance | −$225 |
| Condo Fee | −$992 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$3,177/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$6,546 |
| Insurance | −$2,700 |
| Condo Fee | −$11,904 |
| Annual NOI | $-60 |
| Cap Rate | -0.01% |
Cash Required to Close
| Down Payment (20%) | $137,800 |
| Ontario Land Transfer Tax | $10,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $151,055 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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