88 Palace Pier Court, Unit 06, Toronto, ON

$629,000
MLS#:W13625232
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
88 Palace Pier Court 506, Toronto, ON M8V 4C2

Property Highlights

Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $629,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Guest Accommodations, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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, cafés, 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.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 88 Palace Pier Court, Toronto is currently for sale and has been available on SousaSells for 6 days. This property is listed at $629,000 with an estimated mortgage of $2,094* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 88 Palace Pier Court, Toronto is in the Mimico neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Mimico, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 900-999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date7/31/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommon Element Condo
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$3,000.18

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Lake/Pond
  • Park
  • Public Transit
  • River/Stream
  • Waterfront

Interior Features

  • Auto Garage Door Remote
  • Guest Accommodations
  • Carpet Free

Security Features

  • Alarm System
  • Concierge/Security
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 88 Palace Pier Court, Unit 06, Toronto, ON

Q.What is the asking price for 88 Palace Pier Court, Unit 06, Toronto, ON ?

The current listing price for 88 Palace Pier Court, Unit 06, Toronto, ON in Mimico, Toronto is $629,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 900-999 sqft.

Q.What property type and architectural style is 88 Palace Pier Court, Unit 06, Toronto, ON ?

88 Palace Pier Court, Unit 06, Toronto, ON is a Common Element Condo (Apartment) featuring a None basement.

Q.What key property features does 88 Palace Pier Court, Unit 06, Toronto, ON offer?

Key property features include: Hospital, Lake/Pond, Park, Public Transit, River/Stream, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Guest Accommodations, Carpet Free.

Q.What security features are installed at 88 Palace Pier Court, Unit 06, Toronto, ON ?

Security features include: Alarm System, Concierge/Security, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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88 Palace Pier Court, Unit 06, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 88 Palace Pier Court 506, Toronto, ON M8V 4C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$188,700 (30.0%)
* Minimum Canadian down payment required for this price is $37,900.
Amortization Period30 Years
Estimated Monthly Payment$2,094Based on a loan of $440,300 over 30 years.
Purchase Price$629,000
Loan Amount$440,300
Provincial Land Transfer Tax:$9,055
Toronto Municipal Land Transfer Tax:$9,055
Total Estimated Closing Taxes:$18,110

About Purchasing a Home in Toronto, ON

For a property listed at $629,000 in Toronto, the legal minimum down payment is $37,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,055 also applies, bringing the total estimated land transfer taxes to $18,110.

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Mimico, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$885,953

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Mimico, Toronto

Elementary Schools

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Mimico, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.