Salehian.com 647-325-5000

88 Palace Pier Court 506

Mimico, Toronto, M8V 4C2

$624,000

Reduced $5,000 from $629,000

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  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
  • 900-999 sq ft

Listed 81 days ago · MLS® W13625232

About this home

PRICE REDUCTION. MOTIVATED SELLER!Experience stylish waterfront living in this beautifully upgraded 2-bedroom condo, where luxury finishes and an unbeatable location come together perfectly. The customized gourmet kitchen is a chef's dream, featuring quartz countertops with a large island, abundant cabinetry, and premium finishes. The dining room features custom built-in cabinetry and shelving, while the inviting living room showcases a double-sided fireplace (a vent-free, eco-friendly hearth fueled by renewable liquid bioethanol) and a walkout to a balcony finished with custom veranda tiles. The generous primary bedroom features a walk-in closet, additional custom cabinetry, and a beautifully renovated ensuite bathroom. The updated second bathroom includes a premium Electrolux front-load washer and dryer for added convenience. Residents enjoy amenities including a fitness centre with sauna, party room with a stunning lake view, guest suite, rooftop garden and bbq, and 24/7 concierge. Located just steps from the lake, parks, restaurants, cafes, the Martin Goodman Trail, and the Humber River Trail, this home offers the perfect balance of nature and city living. Commuters will appreciate easy access to the Gardiner Expressway, QEW, GO Transit, TTC streetcars, and buses. Offering sophisticated upgrades, amenities, and an exceptional waterfront lifestyle, this move-in-ready condo is a rare opportunity you won't want to miss.

Details

Type
Common Element Condo
Style
Apartment
Age
16-30 years
Size
900-999 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$3,000 (2026)
Maintenance fee
$1,088/month
Neighbourhood
Mimico
Municipality
Toronto W06
Price per sq ft
$657 (12% below condo townhouses in Mimico, $747)

Interior

Bedrooms
2 above ground
Bathrooms
1 × 3-piece (flat), 1 × 4-piece (flat)
Rooms
5 above ground
Family room or den
No
Fireplace
Yes
Laundry
In-Suite Laundry, Ensuite
Features
Auto Garage Door Remote, Guest Accommodations, Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick, Concrete
Age
16-30 years

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Underground

Condo

Building
Nevis
Monthly fee
$1,088
Fee includes
Heat Included, Water Included, Common Elements Included, CAC Included, Building Insurance Included, Parking Included
Amenities
Car Wash, Community BBQ, Guest Suites, Party Room/Meeting Room, Rooftop Deck/Garden
Balcony
Open
Exposure
West
View
Lake
Pets
Yes-with Restrictions
Security
Alarm System, Concierge/Security, Smoke Detector
Property manager
First Service Residential

More

Possession
30 days preferred / Flexible
Nearby
Hospital, Lake/Pond, Park, Public Transit, River/Stream, Waterfront
Cross street
Parklawn & Lakeshore

Rooms

RoomLevelSizeFeatures
KitchenMain3.23 × 2.59 m (10'7" × 8'6")Stainless Steel Appl, Quartz Counter, Vinyl Floor
Dining RoomMain3.35 × 3.05 m (11' × 10')B/I Shelves, Vinyl Floor
Living RoomMain3.66 × 3.05 m (12' × 10')2 Way Fireplace, Vinyl Floor, W/O To Balcony
Primary BedroomMain4.6 × 3.11 m (15'1" × 10'2")Vinyl Floor, W/O To Balcony
Bedroom 2Main3.26 × 2.74 m (10'8" × 9')Vinyl Floor, W/O To Balcony

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚇 Jane Subway2.2 km
  • 🚇 Runnymede Subway2.3 km
  • 🚆 Mimico GO2.3 km

Within a 10-minute walk: 1 grocery store, 18 cafés and restaurants, 6 parks, 4 pharmacies. Nearest grocery: Sobeys (400 m). Nearest park: Palace Pier Park (200 m).

Schools nearby

Elementary

  • Étienne Brûlé Junior School
    EQAO: Gr 3 reading 87%, math 77%    1.3 km
  • St. Mark Catholic School Catholic
    EQAO: Gr 6 reading 74%, math 47%    1.3 km
  • Swansea Junior and Senior Public School
    EQAO: Gr 6 reading 87%, math 62%    1.4 km
  • David Hornell Junior School
    EQAO: Gr 3 reading 76%, math 60%    1.7 km

Secondary

  • Karen Kain School of the Arts2.0 km
  • Etobicoke School of the Arts
    EQAO: Gr 9 math 68%, literacy test 92%    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8V

Owners / renters
49% / 51%
Median household income
$79,000
Average age
42
Children under 15
11%
Homes
15% detached, 57% high-rise
Commute by transit
21%
Population
44,144

Languages spoken most at home besides English: Spanish 1.9%, Polish 1.9%, Russian 1.7%, Tibetan 1.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Humber Bay Shores (2025): 40% below the Toronto average, about the same from the year before.

  • Assault41% below average
  • Break and enter50% below average
  • Auto theftabout average
  • Robbery81% below average
  • Theft from vehicles66% below average
  • Shootings53% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 8 km. Transit times · Driving times

Noise 2 sources nearby

  • 🛣️ Gardiner Expressway100 m
  • 🚆 Rail line (Oakville Subdivision)150 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

  • Multiple Projects · 2023 · Closed
    Metal spandrel replacement (recladding) and minor concrete repairs
  • Interior Alterations · 2022 · Closed
    Proposal for interior alterations to create new offices and reception area including new walls, HVAC and sprinkler modifications.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

88 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CENTURY 21 MILLENNIUM INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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