Condo for sale at 506-88 Palace Pier Court, Toronto, Ontario, M8V 4C2 - Mimico - MLS: W13625232

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506-88 Palace Pier Court

Toronto, Ontario, M8V 4C2 - Mimico

$629,000

Neighbourhood

Mimico
Major Intersection

Parklawn & Lakeshore

Listed Since: 19 day(s)
Last update: today

Overview

Property Type

Comm Element Condo, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

900-999
Exposure

West
Total Parking

1 Underground Garage
Maintenance

$1,088
Taxes

$3,000.18 (2026)
Balcony

Open

Property Description

Property description for 506-88 Palace Pier Court, Toronto

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.

Listed by CENTURY 21 MILLENNIUM INC.

Property details

MLS #

W13625232
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

Lake
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Car Wash,Community BBQ,Guest Suites,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Heat, Parking, Water
Property Management

First Service Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

W13625232
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

16-30
Basement

None
View

Lake
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Car Wash,Community BBQ,Guest Suites,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Heat, Parking, Water
Property Management

First Service Residential
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

3.23 x 2.59 ft Main level

Stainless Steel Appl, Quartz Counter, Vinyl Floor
Dining

3.35 x 3.05 ft Main level

B/I Shelves, Vinyl Floor
Living

3.66 x 3.05 ft Main level

2 Way Fireplace, Vinyl Floor, W/O To Balcony
Primary

4.6 x 3.11 ft Main level

Vinyl Floor, W/O To Balcony
2nd Br

3.26 x 2.74 ft Main level

Vinyl Floor, W/O To Balcony

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 506-88 Palace Pier Court, Toronto

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Comm Element Condo in Mimico

Active listings

254

Average Selling Price of a Comm Element Condo

July 2026

$713,790

Last 3 Months

$704,490

Last 12 Months

$686,284

July 2025

$678,174

Last 3 Months LY

$710,681

Last 12 Months LY

$724,192

Change

-1%

Change

-5%

Historical Average Selling Price of a Comm Element Condo in Mimico

Average Selling Price

3 years ago

$801,298

Average Selling Price

5 years ago

$731,637

Average Selling Price

10 years ago

$436,068

Change

-11%

Change

-2%

Change

64%

Number of Comm Element Condo Sold

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

-20%

Change

-2%

Change

-2%

How many days Comm Element Condo takes to sell (DOM)

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

16%

Change

12%

Change

17%

Average Selling price

Inventory Graph

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Down Payment ($)

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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