$998,000 - 80 Palace Pier Court Unit PH502, Liberty Village
Condo for Sale in Liberty Village
86 days on market- MLS Number
- W12916802
- Property Type
- Condo
- Status
- active
- Days on Site
- 86
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- INTERNATIONAL REALTY FIRM, INC.
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.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
5-yr fixed avg.
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.
Discover Liberty Village / Parkdale / South Parkdale
Liberty Village / Parkdale / South Parkdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Liberty Village / Parkdale / South Parkdale
- •Convenient location in Liberty Village / Parkdale / South Parkdale
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Liberty Village / Parkdale / South Parkdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
80 Palace Pier Court Unit PH502, Liberty Village / Parkdale / South Parkdale
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $832/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.
Negotiation Opportunity
At 86 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $4,158 (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.