506 - 88 Palace Pier Court, Toronto, ON M8V 4C2
Mimico, Toronto · Near Parklawn & Lakeshore · View map
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.
The home
- Type
- Common Element Condo · Apartment
- Square footage
- 900-999 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Floor
- 5th
- Exposure
- West
- Balcony
- Open
- View
- Lake
- Laundry
- In-Suite Laundry
- Approximate age
- 16-30 years
Building & fees
- Maintenance fee
- $1,087.70/mo
- Fee includes
- Heat, Water, Common Elements, CAC, Building Insurance, Parking
- Condo corporation
- Nevis
- Property management
- First Service Residential
- Pets
- Allowed, with restrictions
- Locker
- None
- Security
- Alarm System, Concierge/Security, Smoke Detector
- Exterior
- Brick, Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Parking
- Parking spaces
- 1
- Garage
- Underground
- Parking features
- Underground
Taxes & other
- Property taxes
- $3,000/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- 30 days preferred / Flexible
- Cross street
- Parklawn & Lakeshore
- Neighbourhood
- Mimico
More
- Price per sq ft
- ~$657 (at 950 sq ft)
- Listed
- Jul 31, 2026 · 72 days ago
- MLS® number
- W13625232
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Building amenities
- Car Wash
- Community BBQ
- Guest Suites
- Party Room/Meeting Room
- Rooftop Deck/Garden
Included in the maintenance fee
- Heat
- Water
- Common Elements
- CAC
- Building Insurance
- Parking
The unit and its surroundings
- Auto Garage Door Remote
- Guest Accommodations
- Carpet Free
- Hospital
- Lake/Pond
- Park
- Public Transit
- River/Stream
- Waterfront
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
88 Palace Pier Court, Toronto, ON M8V 4C2
Mimico, Toronto · Near Parklawn & Lakeshore
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Listing history for 88 Palace Pier Court
See what this unit and others in the building were listed for, what they sold for, and how long it took.
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Frequently asked questions about 506 - 88 Palace Pier Court
Answers come straight from this condo’s MLS® listing.
How much is 506 - 88 Palace Pier Court listed for?
506 - 88 Palace Pier Court is listed for $624,000. With 20% down ($124,800), the mortgage payment would be roughly $2,517 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 506 - 88 Palace Pier Court have?
506 - 88 Palace Pier Court has 2 bedrooms and 2 bathrooms.
How big is 506 - 88 Palace Pier Court?
The listing puts the unit between 900 and 999 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 506 - 88 Palace Pier Court?
506 - 88 Palace Pier Court is a common element condo in Mimico, Toronto. The unit is on the 5th floor, facing west.
What are the maintenance fees at 506 - 88 Palace Pier Court, and what do they cover?
The maintenance fee is $1,087.70 a month. The listing says it covers heat, water, common elements, cac, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
Does 506 - 88 Palace Pier Court come with parking and a locker?
The listing includes 1 parking space. There is no locker with the unit.
Are pets allowed at 506 - 88 Palace Pier Court?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
What amenities does the building have?
The listing names these building amenities: car wash, community bbq, guest suites, party room/meeting room, rooftop deck/garden.
How is 506 - 88 Palace Pier Court heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 506 - 88 Palace Pier Court?
Property taxes are $3,000 a year (2026), or about $250 a month.
What neighbourhood is 506 - 88 Palace Pier Court in?
506 - 88 Palace Pier Court is in the Mimico community of Toronto. The nearest main intersection is Parklawn & Lakeshore. The postal code is M8V 4C2.
Is 506 - 88 Palace Pier Court still for sale?
Yes. 506 - 88 Palace Pier Court is an active listing (MLS® W13625232), on the market since July 31, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 88 Palace Pier Court sold for?
Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 506 - 88 Palace Pier Court?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.