PH201-88 Palace Pier Court, Toronto, ON
Mimico, Toronto · MLS® W13877454
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About this home
In short
- Penthouse living at Nevis Condominiums, and this one is a showstopper.
- Beautifully renovated with sophisticated, high-end finishes throughout, this spacious approximately 1,296 sq. ft.
- 2-bedroom suite offers the kind of open-concept living that is increasingly hard to find.
- The stunning custom kitchen, completely renovated in 2021, features quartz countertops, floor-to-ceiling cabinetry, integrated Décor refrigerator and an oversized...
- Hardwood flooring extends through the principal living spaces and bedrooms, with tile in the kitchen and foyer.
Penthouse living at Nevis Condominiums, and this one is a showstopper. Beautifully renovated with sophisticated, high-end finishes throughout, this spacious approximately 1,296 sq. ft. 2-bedroom suite offers the kind of open-concept living that is increasingly hard to find. The stunning custom kitchen, completely renovated in 2021, features quartz countertops, floor-to-ceiling cabinetry, integrated Décor refrigerator and an oversized breakfast bar that becomes the natural gathering place of the home. The former den has been opened up and transformed into a proper dining room, creating a fabulous layout for both everyday living and entertaining. Hardwood flooring extends through the principal living spaces and bedrooms, with tile in the kitchen and foyer. Extensive floor-to-ceiling cabinetry in the foyer provides exceptional storage, while three professionally designed California Closets add even more thoughtful, beautifully finished storage. The generous primary bedroom feels like a true retreat, complete with a 5-piece ensuite. Step outside to the southeast-facing tiled balcony with both lake and city views, complete with a gas line for your BBQ. Enjoy the morning sun, fresh air and your own outdoor living space high above the city. And then there are the extras that are almost impossible to find: two parking spaces and two lockers. Nevis offers the feel of a smaller boutique community with many long-time residents, 24-hour concierge, gym, sauna, guest suite, rooftop party room and terrace, and ample visitor parking. All of this just steps from the lake and waterfront trails, with restaurants, coffee shops, groceries and transit within walking distance, plus easy highway access when you need it. Beautifully renovated. Exceptionally spacious. Two parking. Two lockers. Lake and city views. Penthouse. This is not your average condo.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- W13877454
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Lake Shore Blvd W & Palace Pier Court
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,629/mo
- Exposure
- South East
- Property tax
- $4,381 / 2026
- Days on market
- 9
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
hardwood floor · 5 pc ensuite · double closet
hardwood floor · open concept
tile floor · large closet · closet organizers
hardwood floor · double closet
quartz counter · tile floor · stainless steel appl
hardwood floor · gas fireplace · w/o to balcony
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readThe assigned public school is Étienne Brûlé Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Neighbourhood & location
Mimico, Toronto, ON
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The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 9 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $919,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,082
- Property tax
- $365
- Condo / maintenance fees
- $1,629
- Heating
- $0
- Estimated monthly cost
- $7,076
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,455
- Toronto municipal land transfer tax
- $19,455
- Estimated closing costs
- $38,910
Plus your down payment of $229,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $304,945
- Principal paid down
- $112,309
- Interest paid
- $192,636
- Balance remaining
- $806,891
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.