Kitchen (2.59 × 3.23)
Stainless Steel Appl · Quartz Counter · Vinyl Floor
Level: Main
506-88 Palace Pier Crt
Mimico, Toronto, Ontario M8V 4C2
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- W14170172
- Board
- TRREB MLS®
- Days on market
- Tax
- $3,000
- Size
- 900-999 sqft
- Parking
- 1 Underground, 1 Parking
Listing History
Buy/Sell history for 506-88 Palace Pier Crt, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $619,500 | N/A | For Sale | W14170172 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Comm Element Condo
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Detail
- 1, 3pc, Flat
- Bathroom Detail
- 1, 4pc, Flat
- Basement Type
- None
- Kitchens
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 900-999 sqft
- Construction
- Brick
Parking
- Garage Type
- Underground
- Garage
- 1
- Add. Parking
- 0
- Total Parking
- 1
Additional
- Year built
- 16-30
- Fireplace
- Y
- Den
- N
- Family room
- N
- Extras
- SS stove, refrigerator, dishwasher, front-loader Electrolux washer & dryer, all electric light fixtures, window coverings, balcony tiles
- Condo maint.
- $1,088
Rooms (5)
Dining (3.05 × 3.35)
B/I Shelves · Vinyl Floor
Level: Main
Living (3.05 × 3.66)
2 Way Fireplace · Vinyl Floor · W/O To Balcony
Level: Main
Primary (3.11 × 4.6)
Vinyl Floor · W/O To Balcony
Level: Main
2nd Br (2.74 × 3.26)
Vinyl Floor · W/O To Balcony
Level: Main
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
17 records read 10 on record nearby 7 no record found in the source searchedMatched 2026-11-10
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated areaChecked at the listing’s mapped point, not across the whole lot.
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.
- 4 building permits issued within 250 m in the last 2 years
- Nearest airport: 5.7 km
- Mapped parcel: about 59,860 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
Province of Ontario open data · Municipal building permits · City of Toronto property boundaries
Around the home
- Nearest rail line: 140 m
- A trail or path within 1 km
- At least 1 licensed child care centre within 1 kmFrom Ontario’s list of licensed child care centres. It does not show available spaces, fees or waiting lists.
Province of Ontario open data · Provincial and municipal trail maps
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Humber Treatment Plant, 510 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,840
- Down payment$123,900
- Mortgage amount$495,600
- Total interest$356,400
- Total cost$975,900
Cash flow analysis
$2,840
Total monthly payment
$3,090
Break-even down payment
100%
Cash flow-$3,090
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$619,500
$619,500
CAD
Estimated market value
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