Maintenance Fees
Riva Del Lago Condos vs The Mimico Area
MLS Restricted Listing
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$4,0002 bds2 ba1 pk1,138 sqft
LeasedRiva Del Lago Condos
5.0
Leased in 46 Days on Strata
$X,XXX/mth
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Listing History
Unit Highlights
Off Market Listing
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Amenities
BBQs Allowed
Car Wash
Indoor Pool
Indoor Parking
Guest Suites
Sauna
Concierge
Party Room
Media Room
Gym Room
Visitor Parking
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Renter's Market
Balanced
Landlord's Market
Similar Listings
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6/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
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.
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 Riva Del Lago Condos
Days on Strata
Units at Riva Del Lago Condos spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
5.5
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
12th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
16
Units were Rented over the past twelve months
Best Value Rank
Riva Del Lago Condos offers the best value out of 62 condos in the Mimico neighbourhood
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Appreciation Rank
Riva Del Lago Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
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Rental Yield
Riva Del Lago Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
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High Demand
Riva Del Lago Condos is the most popular building out of 62 condos in the Mimico neighbourhood
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Market Insights
Transaction Insights at Riva Del Lago Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $520,000 | $605,000 - $635,000 | $740,000 - $747,900 | $1,330,000 - $1,400,000 |
| Avg. Cost Per Sqft | $843 | $922 | $891 | $1,175 |
| Price Range | $2,400 - $2,600 | $2,300 - $2,675 | $2,950 - $4,700 | $4,000 - $5,150 |
| Avg. Wait for Unit Availability | 167 Days | 228 Days | 82 Days | 281 Days |
| Avg. Wait for Unit Availability | 65 Days | 64 Days | 39 Days | 66 Days |
| Ratio of Units in Building | 21% | 18% | 42% | 20% |
Market Inventory
Total number of units listed and leased in Mimico
