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    80 Palace Pier Court & 88 Palace Pier Court

    5for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    15
    Number of Units:
    159
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    350 - 3,000 SQFT
    Unit Availability:
    Low

    Listing History for Nevis Condos

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    Amenities

    Guest Suites
    Concierge
    Security System
    Car Wash
    Rooftop Deck
    Gym Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 80 Palace Pier CourtNevis Condos

    Nevis Condos was completed in 2003 by Monarch Group. While some buyers associate high maintenance fees with older buildings, maintenance fees at 80 Palace Pier Court, 88 Palace Pier Court are only $0.96 per-square-foot. These Mimico condos for sale offer floor plans that are more spacious than most modern condos; there are 159 suites in this 15-storey residence, and units range from 350 square feet to 3000 square feet.

    Maintenance fees at 80 Palace Pier Court, 88 Palace Pier Court are $0.96 per-square-foot, which is significantly higher than the city average of about $0.67.

    The Suites

    We’ve aggregated a number of stats at 80 Palace Pier Court, 88 Palace Pier Court. Here are some highlights: In the past 12 months, 6 units have sold, and 7 have been rented. Meanwhile, property values here have decreased by 6.23%.

    Units at Nevis Condos have a medium likelihood of receiving more than one offer, and on average they sell for 2.97% above the listed price. Suites here have an average cost per-square-foot of $892 based on sales over the past 12 months, and the median time a unit spends on the market is 37 days.

    The Neighbourhood

    Living here means you’re just a 9-minute walk from Pier Food Shoppe, Rustic Social House and Eden Trattoria, making it easy to dazzle your taste buds without much effort. You’ll only have to walk 10 minutes to pick-up a coffee before heading out for your day at Cafe Cocoa Boulangerie, Gravity Pizza Cafe & Starbucks and Tim Hortons.

    Grocery shopping is never a chore with stores such as Sobeys Queensway, Rabba Fine Foods and Metro in the area.

    There are a number of banks within a short drive, including BMO Bank of Montreal ATM and BMO Bank of Montreal for all your investment needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Palace Pier Park and Humber Bay Shores Park are less than 7 minutes walking distance from 80 Palace Pier Court, 88 Palace Pier Court.

    Enhance your personal style while living in the Mimico neighbourhood by visiting Loulou, Rockwood plaza and Westlake Village.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Studio Connect (Painting Studio / Art Gallery), Artistic Impressions Canada Inc and Norman Felix Gallery Administrative Office less than a 4-minute drive away will give you a lift.

    Nevis Condos is a short drive away from Park Lawn Junior Middle School, giving you plenty of choice for your child’s education.

    Transportation

    Residents have transit options in the Mimico neighbourhood; A light transit stop at Lake Shore Blvd West At Palace Pier Crt can carry you to your destination in no time at all. Those who live in the area can easily drive to Jane, just 6 minutes from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 2045 Lake Shore Boulevard W, 2067 Lake Shore Boulevard W and 5 Marine Parade Drive.

    Reviews for Nevis Condos

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    5

    Listings For Sale

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    2

    Listings For Rent

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    Explore Mimico

    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 condos

    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%

    Maintenance Fees

    Nevis Condos vs The Mimico Area

    Days on Strata

    Units at Nevis Condos spend an average of
    37
    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

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    6
    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$505,000No Data$650,000 - $900,000No DataNo Data
    Avg. Cost Per SqftNo Data$855No Data$811No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data308 Days61 Days57 Days281 DaysNo Data
    Ratio of Units in Building1%22%3%58%16%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mimico