Maintenance Fees
Nevis Condos vs The Mimico Area
for sale
27 Days on Strata
- Est Sell Timeframe:
- 22 Days
806 - 88 Palace Pier Crt
$599,900
2 Beds
2 Bath
1 Parking
866 SQFT
Price History
- Maintenance Fees:
- $984/mth
- Taxes:
- $2,366 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $693/sqft
- Outdoor Space:
- Enclosed/Solarium
- Locker:
- Owned
- Possession Date:
- Now
- Exposure:
- North East
Amenities
BBQs Allowed
Concierge
Gym
Guest Suites
Sauna
About this Listing
Top 5 Reasons You Will Love This Condo: 1) Indulge in the elegance of a recently renovated kitchen adorned with marble countertops, luxury backsplash, and a chic breakfast bar seating, all complemented by recessed lighting and engineered hardwood flooring installed in 2020 2) Perfect layout with a tremendous split-level plan, offering bedrooms on each side and a living room with doors leading to a 115 square feet balcony walkout, extending the 866 square feet interior to almost 1,000 Square feet of living space 3) Enjoy a plethora of amenities including a gym, concierge services, a rooftop terrace, guest suites, and a party room 4) Large primary bedroom featuring a privileged ensuite bathroom and walk-in closet, accompanied by an additional bedroom and main bathroom, along with a brand new stacked washer and dryer (2025) for added convenience 5) Experience the ultimate convenience with great proximity to downtown, TTC streetcar access, easy access to Gardiner Expressway, Sunny Side Park, beachfront attractions, shops, and more. 866 above-grade sq ft. *Please note that some images have been virtually staged to show the potential of the condo.
ExtrasFridge, Stove, Built-in Microwave, Washer, Dryer, Existing Electric Light Fixtures.
faris team real estate brokerageMLS® #W12484367
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Kitchen
- 11.22 x 10.83ft
- hardwood floor, Breakfast Bar, Marble Counter
- Living
- 21.39 x 10.56ft
- hardwood floor, Recessed Lights, Walkout To Balcony
- Primary
- 20.97 x 10.2ft
- 4 Piece Ensuite, Walk-in Closet, Walkout To Balcony
- Bedroom
- 11.02 x 10.47ft
- hardwood floor, Closet, Walkout To Balcony
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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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
Household Income
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%
Building Trends At Nevis Condos
Days on Strata
Units at Nevis Condos spend an average of
67
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have a
LOWchance 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 againProperty Value
-32%
Decrease in property value within the past twelve months
Price Ranking
43rd
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
8
Units were Rented over the past twelve months
Best Value Rank
Nevis Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Nevis Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Nevis Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Nevis Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Nevis Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | No Data | $635,000 - $750,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | No Data | $657 | No Data | No Data |
| Price Range | No Data | $2,000 - $2,800 | $2,350 | $2,900 - $3,100 | No Data | No Data |
| Avg. Wait for Unit Availability | No Data | 309 Days | 61 Days | 63 Days | 291 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 184 Days | 490 Days | 129 Days | 861 Days | 2555 Days |
| Ratio of Units in Building | 1% | 22% | 2% | 56% | 18% | 4% |
Market Inventory
Total number of units listed and sold in Mimico
