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
- Style
- Apartment
- Square footage
- 900-999 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- West
- Level
- 5
- Balcony
- Open
- View
- Lake
- Laundry
- In-Suite Laundry
- Approximate age
- 16-30 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,087.70/mo
- Fee includes
- Heat, Water, Common Elements, CAC, Building Insurance, Parking
- Complex
- TSCC 1528
- Property management
- First Service Residential
- Pets
- Allowed, with restrictions
- 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
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
- Parking features
- Underground
Taxes & other
- Property taxes
- $3,000/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Parklawn & Lakeshore
- Neighbourhood
- Mimico
More
- Price per sq ft
- ~$652 (at 950 sq ft)
- MLS® number
- W14170172
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The home and its surroundings
- Auto Garage Door Remote
- Guest Accommodations
- Carpet Free
- Hospital
- Lake/Pond
- Park
- Public Transit
- River/Stream
- Waterfront
Included in the maintenance fee
- Heat
- Water
- Common Elements
- CAC
- Building Insurance
- Parking
Shared in the complex
- Car Wash
- Community BBQ
- Guest Suites
- Party Room/Meeting Room
- Rooftop Deck/Garden
- 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 home and others at the same address 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 home’s MLS® listing.
How much is 506 - 88 Palace Pier Court listed for, and what would it cost each month?
506 - 88 Palace Pier Court is listed for $619,500. With 20% down ($123,900), the mortgage payment would be roughly $2,499 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,837 a month, all in. That figure is an illustration, not a quote.
Is 506 - 88 Palace Pier Court freehold or a condo, and is there a monthly fee?
506 - 88 Palace Pier Court is a common element condo in Mimico, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. 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.
How many bedrooms and bathrooms does 506 - 88 Palace Pier Court have?
506 - 88 Palace Pier Court has 2 bedrooms and 2 bathrooms. The listing gives the style as apartment.
Does 506 - 88 Palace Pier Court have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does 506 - 88 Palace Pier Court have a finished basement?
No. The listing shows no basement for this home.
What style of home is 506 - 88 Palace Pier Court?
506 - 88 Palace Pier Court is a common element condo. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.
How big is 506 - 88 Palace Pier Court?
The listing puts the home between 900 and 999 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
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.
Are pets allowed at 506 - 88 Palace Pier Court?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 506 - 88 Palace Pier Court?
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. It is an active listing (MLS® W14170172). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 506 - 88 Palace Pier Court asking?
Similar properties for sale nearby right now include 705 - 88 Palace Pier Court at $595,000 (2 bed), PH201 - 88 Palace Pier Court at $1,149,000 (2 bed) and 907 - 88 Palace Pier Court at $488,500 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 88 Palace Pier Court sold for?
Recent sales, leases and expired listings for this home and others at the same address 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 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
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Condo apartment$595,000705 - 88 Palace Pier Court, Toronto2 bed · 2 bath · MimicoCourtesy of: ROYAL LEPAGE TERREQUITY REALTYView home →
Condo apartment$1,149,000PH201 - 88 Palace Pier Court, Toronto2 bed · 2 bath · MimicoCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →
Condo apartment$488,500907 - 88 Palace Pier Court, Toronto1 bed · 1 bath · MimicoCourtesy of: INTERCITY REALTY INC.View home →Courtesy of: CENTURY 21 MILLENNIUM INC.
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.