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43.73° N · 79.40° W — Toronto & nearby · 9,719 homes for sale today43.73° N · 79.40° W — 9,719 homes today(647) 554-7436Saved

43.6305° N · 79.4749° W — Mimico, Toronto — MLS® #W12916802

PH502-80 Palace Pier Crt

$998,000

Mimico, Toronto, Ontario M8V 4C1

2
BedroomsBeds
2
BathroomsBaths
1200-1399 sqft1200-1399
SizeSq ft

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
Or call Shemeer Ahmad(647) 554-7436

In short · from the listing record

PH502-80 Palace Pier Crt is a 2-bedroom, 2-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $998,000 (MLS® W12916802).

WATERFRONT LIVING at Nevis Villa Condos, in the heart of Humber Bay Shores. Be part of a boutique 5-storey, luxurious 29-suite building, with lake and skyline vistas. BUILDING FEATURES 24-hour concierge, sauna, fitness centre, lounge, billiard room, car wash station and a sun-filled rooftop terrace-garden complete with fireplace and BBQ area for entertaining. END SUITE, BEING ONE OF FIVE EXCLUSIVE SUITES LOCATED AT THE TOP FLOOR, this unit was ORIGINALLY PLANNED BY THE BUILDER AS A THREE-BEDROOM (see attached builder plan). After combining the Primary Bedroom into a larger suite, the current floor plan (see attached) offers two-bedrooms, two-baths, within a spacious 1,360 sq. ft. layout of bright, sun-filled rooms, a gas fireplace and a balcony providing lake and city skyline views. OPEN CONCEPT kitchen with bar island overlooking the dining and living rooms. CUSTOM BUILT CABINETRY surrounding gas fireplace with mantle. HUGE PRIMARY BEDROOM with luxurious 6-piece ensuite, walk-in closet plus secondary closet. SECOND BEDROOM with 3-piece ensuite. Hardwood throughout, in-suite washer/dryer, stainless steel appliances, gas stove top, and granite countertops. Balcony with BBQ gas line. Two tandem parking spots with lockers. This elegant building offers a high-end living experience to enjoy the best of lakefront living. Step outside for a stroll, jog or cycle on the Martin Goodman Trail. Enjoy waterfront parks, restaurants, cafes, shops, and the Yacht Club. At the foot of the Humber Bay Arch Bridge, Sheldon Lookout and Humber Bay Shore Park.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 66Fair

    Condition score

    4 condition-related facts documented

    Listing age, structured features and disclosed update language; not an inspection.

  • 5Shortfall

    Cash flow quality

    −$3,599/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 71 condos with 2 bedrooms for lease in Mimico right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$4,457 / 2025
MLS® number
W12916802
Board
TRREB MLS®
Property Type
Condo Apt
Time on market
Size
1200-1399 sqft
Listed on
Parking
2 Underground, 2 Parking

Listing history

Listing activity for PH502-80 Palace Pier Crt, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$998,000N/AFor SaleW12916802

Inside

Room by room

From the listing.

Main5 rooms
  • Living3.3 × 4.57 mhardwood floor, W/O To Balcony, Crown Moulding
  • Dining2.3 × 5.18 mhardwood floor, Crown Moulding, Combined W/Living
  • Kitchen2.74 × 3.2 mBreakfast Bar, Stainless Steel Appl, Granite Counter
  • Primary4.57 × 5.95 m6 Pc Ensuite, His/Hers Closets
  • 2nd Br2.9 × 3.35 mhardwood floor, 3 Pc Ensuite, Double Closet

Property

Property Type
Condo Apt
Style
Apartment
Community
Mimico
Municipality
Toronto

Building

Size
1200-1399 sqft
Construction
Concrete

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 6pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Jane StationTTC subway: Line 2 Bloor-Danforth2.3 km
Runnymede StationTTC subway: Line 2 Bloor-Danforth2.4 km
Mimico GOGO Transit train: Lakeshore West2.4 km
High Park StationTTC subway: Line 2 Bloor-Danforth2.7 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth2.7 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Around it

Condo Apt in Mimico

Active listings only, today.

Condos for sale in Mimico right now

For sale now
231
Median asking price
$649K

Middle half: $542K to $799K

New in 7 days
23

80 in 28 days

Price cuts
20%

47 listings

This home is asking 54% above the median, higher than three quarters of them.

See all homes in Mimico

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningSee Former City of Etobicoke By-Law No. 11,737Outside By-law 569-2013: the former municipality’s by-law still sets what may be built. Confirm the rules with the City.
  • Permits4 clearedBackflow Prevention Devices (Water only) Issued July 8, 2026 · Other(PS) Issued November 12, 2019 · Other(PS) Issued September 30, 2019 · Other(PS) Issued August 1, 2019
  • Signals nearby6 to note125 THE QUEENSWAY, Official plan or zoning amendment, 540 m away · 2150 LAKE SHORE BLVD W, Site plan, 700 m away · 2150 LAKE SHORE BLVD W, Site plan, 700 m away · 2150 LAKE SHORE BLVD W, Official plan or zoning amendment, 700 m away · 2150 LAKE SHORE BLVD W, Plan of subdivision, 700 m away · 1978 LAKE SHORE BLVD W, Site plan, 740 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 190 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record4 building permits issued within 250 m in the last 2 years
  • airportOn recordNearest airport: 5.7 km
  • parcelOn recordMapped parcel: about 59,860 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m
  • npriOn record1 facility within 1 km reports pollutant releases to Environment Canada The nearest is City of Toronto — Humber Treatment Plant, 560 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
  • fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 30 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre 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.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. 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.

Land transfer tax on this home

Ontario land transfer tax
$16,435
Toronto municipal land transfer tax
$16,435
Total land transfer tax
$32,870
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$24,395
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $998,000
$11,960
Ontario total
$16,435

Toronto’s municipal tax uses the same brackets at this price, so it adds another $16,435.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • St Mark Catholic SchoolToronto CDSBCatholic · grades JK–861%Grade 6 average1.3 km
  • Étienne Brûlé Junior SchoolToronto DSBPublic · grades JK–579%Grade 3 average1.3 km
  • Swansea Junior and Senior Junior and Senior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion79%Grade 6 average1.4 km
  • ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–887%Grade 6 average2.6 km

SecondaryGrade 9 math 2024–25

  • Etobicoke School of the ArtsToronto DSBPublic · grades 9–1268%Grade 9 math2.3 km
  • Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion81%Grade 9 math2.5 km
  • The Student SchoolToronto DSBPublic · grades 9–12—2.9 km
  • ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1269%Grade 9 math3.7 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$998,000

A month, all in

$6,549

  • Mortgage$4,554
  • Property tax$371
  • Condo or maintenance fee$1,624

A planning figure, not a quote.

Land transfer tax

$32,870

$24,395 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$2,950

a month, median asking rent of 71 similar homes in Mimico.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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Ask me anything about this home, or what fair looks like nearby.

(647) 554-7436

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