80 Palace Pier Court Unit 302, Toronto W06

Price: $925,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13507046

Life by the water feels different at Nevis Villa Condos. Tucked along the Mimico shoreline in the heart of Humber Bay Shores, this boutique residence offers a quieter, more intimate take on waterfront living, with just 29 suites across five storeys and beautiful views of the lake and city skyline woven into everyday life. Welcome to Suite 302 - a bright and spacious 2-bedroom, 2-bathroom suite offering 1,145 square feet of well-designed living space. Sunlight fills the home through oversized windows, while the electric fireplace adds warmth and character to the main living area. Step out to your private balcony, complete with a gas line for BBQing, and enjoy peaceful views over a lush canopy of trees. The primary suite is a true retreat, featuring a generous walk-in closet and a 5-piece ensuite designed for comfort and relaxation. With in-suite laundry, parking, and a locker included, this home checks all the boxes. Residents of Nevis Villa enjoy a full range of amenities, including 24-hour concierge service, a fitness centre, sauna, resident lounge, billiards room, and car wash bay. The rooftop garden terrace is a standout, offering a beautiful space to entertain with a fireplace, BBQ area, and lake views. Outside your door, Humber Bay's waterfront lifestyle awaits. The Martin Goodman Trail is just steps away for walks, runs, or bike rides along the lake, while nearby parks, cafés, shops, and the yacht club add to the neighbourhood's charm. With the Humber Bay Arch Bridge, Sheldon Lookout, and Humber Bay Shore Park all close by, this is a location that makes it easy to enjoy the very best of Toronto's lakeside living.

80 Palace Pier Court Unit 302 - Condo photo 1 of 32 in Liberty Village / Parkdale / South Parkdale, Ontario
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New Listing
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$925,000 - 80 Palace Pier Court Unit 302, Liberty Village

Condo for Sale in Liberty Village

New — Listed 7 days ago

Neighbourhood: Mimico

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13507046
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Life by the water feels different at Nevis Villa Condos. Tucked along the Mimico shoreline in the heart of Humber Bay Shores, this boutique residence offers a quieter, more intimate take on waterfront living, with just 29 suites across five storeys and beautiful views of the lake and city skyline woven into everyday life. Welcome to Suite 302 - a bright and spacious 2-bedroom, 2-bathroom suite offering 1,145 square feet of well-designed living space. Sunlight fills the home through oversized windows, while the electric fireplace adds warmth and character to the main living area. Step out to your private balcony, complete with a gas line for BBQing, and enjoy peaceful views over a lush canopy of trees. The primary suite is a true retreat, featuring a generous walk-in closet and a 5-piece ensuite designed for comfort and relaxation. With in-suite laundry, parking, and a locker included, this home checks all the boxes. Residents of Nevis Villa enjoy a full range of amenities, including 24-hour concierge service, a fitness centre, sauna, resident lounge, billiards room, and car wash bay. The rooftop garden terrace is a standout, offering a beautiful space to entertain with a fireplace, BBQ area, and lake views. Outside your door, Humber Bay's waterfront lifestyle awaits. The Martin Goodman Trail is just steps away for walks, runs, or bike rides along the lake, while nearby parks, cafés, shops, and the yacht club add to the neighbourhood's charm. With the Humber Bay Arch Bridge, Sheldon Lookout, and Humber Bay Shore Park all close by, this is a location that makes it easy to enjoy the very best of Toronto's lakeside living.

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Estimated Payment

$4,745.73/mo

Includes CMHC insurance ($25,808)

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5-yr fixed avg.

Principal: $832,500Interest: $565,411
Mortgage Amount$858,308
Total Interest$565,411
Est. Property Tax$655/mo
Total Cost$1,423,719

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • Lake Ontario waterfront access and trail
  • Revitalised village atmosphere with new development
  • Mimico GO Station for fast downtown commuting
  • Mix of new condominiums and character homes
  • Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • Mimico GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • Lakeshore West GO line to Union Station
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Humber Bay Park
  • Mimico waterfront trail
  • Amos Waites Park
  • Mimico Centennial Library
  • Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

80 Palace Pier Court Unit 302, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$655
Insurance (est.)-$193
Net Cash Flow+$862

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $925/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Liberty Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    80 Palace Pier Court Unit 302 | $925,000 | Battaglia Team