$1,150,000
+$1,072/mo fees16 Brookers Lane 3506, Toronto, ON M8V 0A5
Mimico · W06
Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage
Mimico · W06 · M8V 3W9
$1,199,000
+ $1,764/mo maintenance$856 / sq ft1 weeks on market
**Experience Luxury Waterfront Living at Its Finest!** Welcome to the prestigious Palace Place, one of Toronto's most coveted waterfront residences in beautiful Humber Bay Shores! This stunning, renovated 2-bedroom plus den suite offers over 1,450 sq. ft. of elegant living space with breathtaking views of Lake Ontario, Toronto's iconic skyline and High Park's ever-changing seasonal colours. Flooded with natural light, the spacious living, dining and den areas provide the perfect setting for relaxing or entertaining. The beautifully appointed open-concept kitchen features stainless steel appliances, a high-capacity range hood and an oversized waterfall island with generous seating and storage. Ensuite locker provides plenty of storage and can be used as a dream walk-in pantry. **Move-in ready with 2 parking spaces!** Enjoy an exceptional resort-style lifestyle in this exclusive gated community, featuring all-inclusive maintenance fees, high-end concierge service, valet parking, shuttle service, fitness centre, indoor pool, hot tub, guest suites, BBQ area and mini golf. Steps to scenic waterfront trails, parks, marina, charming cafés, restaurants and seasonal farmers' markets. Whether enjoying an active lifestyle or peaceful lakeside strolls, Palace Place offers the perfect balance of luxury, convenience and tranquility. This is more than a home, it's an exemplary waterfront lifestyle!
6 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Flat | 5.26 × 4.57 m17.3 × 15.0 ft | Open Concept |
| Kitchen | Flat | 4.09 × 4.01 m13.4 × 13.2 ft | Stainless Steel Appl · Pot Lights · Centre Island |
| Dining Room | Flat | 2.46 × 4.01 m8.1 × 13.2 ft | Open Concept |
| Den | Flat | 2.21 × 2.21 m7.3 × 7.3 ft | — |
| Primary Bedroom | Flat | 3.76 × 5.87 m12.3 × 19.3 ft | 4 Pc Ensuite · Walk-In Closet(s) |
| Bedroom | Flat | 2.77 × 5.11 m9.1 × 16.8 ft | Closet |
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 94% of comparable condo apartment listings in Mimico are asking less.
Based on 95 comparable active condo apartment listings in Mimico. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,199,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES PHINNEY REAL ESTATE. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.
$1,150,000
+$1,072/mo feesMimico · W06
Listing courtesy of RE/MAX Escarpment Realty Inc., Brokerage
$1,049,900
+$1,453/mo feesMimico · W06
Listing courtesy of RE/MAX REALTY ENTERPRISES INC.
$999,800
+$1,379/mo feesMimico · W06
Listing courtesy of CENTURY 21 KING`S QUAY REAL ESTATE INC.
$979,000
+$944/mo feesMimico · W06
Listing courtesy of RE/MAX PROFESSIONALS INC.
$1,050,000
+$905/mo feesMimico · W06
Listing courtesy of RE/MAX WEST REALTY INC.
$1,199,000
+$983/mo feesMimico · W06
Listing courtesy of RE/MAX REALTRON REALTY INC.