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    Toronto / Etobicoke / Mimico

    401 - 88 Palace Pier Crt

    For SaleNevis Condos
    $725,000
    Price Cut: $739,900
    2 Beds
    2 Bath
    1 Parking
    929 SQFT
    92 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,025/mth
    Taxes:
    $2,704 (2024)
    Cost Per Sqft:
    $780/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Prim Bdrm
    4 Piece Ensuite, Walk-in Closet, Walkout To Balcony
    13.12 x 10.01ft
    2nd Bedroom
    Walkout To Balcony, Vinyl Floor, Closet Organizers
    11.48 x 10.01ft
    Living
    Walkout To Balcony, Combined with Dining, Hardwood Floor
    22.64 x 10.24ft

    About this Listing

    Welcome to this Elegant Building, Situated in one of the Most Wonderful Communities of Toronto, Called Humber Bay Shores. Walk outside to all your amazing amenities including coffee shops, nearby restaurants, Humber Bay Park, Boardwalk, Trails, steps to the Lake & Sunnyside Beach! Perfect Location! Sitting Right On The Water In The Heart Of Etobicoke. With TTC, Minutes to Sherway Gardens Mall, Costco, QEW, Schools, Community Centers. With ample Living Space, this Wide and Bright layout Is Perfect for Entertaining. An Open Concept Kitchen, A Breakfast Bar, Granite Counters, Glass Tile Backsplash, Double Sinks. Dining/Living Room Boasts Hardwood Floors & Bright East Exposure with Open Concept Living/Dining with Walkout to Balcony where Bbq's are Allowed. Beautiful Lakeview from Oversized Balcony. Primary W/Floor To Ceiling Built-in Large Closet, W/9Ft Ceilings, Large Windows in Every Room. A Must See! Kitec Replaced In 2019. Buyer to satisfy itself with respect to the accuracy of the information herein provided.

    ExtrasParking & locker. Over 3000 S/F Of Amenities: Rooftop Patio W/Bbq Area & Fireplace, Sky Club (also includes 80 Palace Pier roof top)-Billiards, Party Rm, Dining Rm; Gym, Sauna, Vehicle Wash Bay, Guest Suite, 24Hr Concierge & Visitor Prkg.

    coldwell banker integrity real estate inc.MLS® #W8457834

    Amenities

    Rooftop Deck
    BBQ
    Rec Room
    Bike Storage
    Security System
    Gym Room

    Explore Neighbourhood

    5/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Nevis Condos vs The Mimico Area

    Building Trends At Nevis Condos

    Days on Strata

    Units at Nevis Condos spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Nevis Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Nevis Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Nevis Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Nevis Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 80 Palace Pier Court

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$485,000 - $505,000No Data$650,000 - $900,000$960,000No Data
    Avg. Cost Per SqftNo Data$877No Data$811$752No Data
    Avg. Wait for Unit AvailabilityNo Data308 Days1394 Days57 Days281 DaysNo Data
    Ratio of Units in Building1%22%2%58%16%4%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico