Maintenance Fees
Lago at the Waterfront Condos vs The Mimico Area
$564,9001 bd1 ba1 pk572 sqft
For SaleLago at the Waterfront Condos
30 Days on Strata
$564,900
1 Bed
1 Bath
1 Parking
572 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$456/mth
Taxes:
$2,403 (2024)
Cost Per Sqft:
$988/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North West
Possession Date:
To Be Determined
Laundry:
Main
Amenities
Party Room
Indoor Pool
Security System
Gym Room
Sauna
Guest Suites
Concierge
Media Room
Visitor Parking
Car Wash
About this Listing
Welcome To This Beautiful 1 Bedroom Unit In The New Lago Condos By The Water. This Unit Offers A Very Functional Layout With Upgraded Kitchen, Laminate Floors Throughout, S/S Appliances, unobstructed stunning Northwest view And 1 Parking Space. Just Steps Away From Lake Ontario, Enjoy A Stroll Along The Marine Promenade To An Assortment Of Restaurants, Bars, Public Transit And Many More Amazing Amenities. Come Take A Look At This Incredible Unit And Everything The Lago Has To Offer!!
ExtrasFridge, Stove, B/I Dishwasher, B/I Microwave, Stacked Washer/Dryer, Window Coverings, All Elfs. 1 Parking Space Included F-83
re/max noblecorp real estateMLS® #W12006370
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
10.01 x 10.99ft
Dining
Laminate, Combined with Living, Open Concept
10.01 x 10.99ft
Kitchen
Custom Backsplash, Breakfast Area, Stainless Steel Appliances
7.32 x 7.38ft
Primary
Laminate, Windows Floor to Ceiling, Built-in Closet
10.01 x 10.99ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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.
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 Lago at the Waterfront Condos
Days on Strata
Units at Lago at the Waterfront Condos spend an average of
26
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
above
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
6
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
16th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
20
Units were Sold over the past twelve months
Rented Units
50
Units were Rented over the past twelve months
Best Value Rank
Lago at the Waterfront Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Lago at the Waterfront Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Lago at the Waterfront Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Lago at the Waterfront Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Lago at the Waterfront Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $422,000 | $516,000 - $590,000 | $545,000 - $635,000 | $710,000 - $1,168,000 | $685,000 - $1,425,000 | No Data |
| Avg. Cost Per Sqft | $577 | $1,011 | $986 | $1,086 | $1,019 | No Data |
| Price Range | $1,800 - $1,875 | $2,125 - $2,500 | $2,350 - $2,700 | $2,300 - $3,900 | $3,000 - $5,200 | No Data |
| Avg. Wait for Unit Availability | 207 Days | 70 Days | 31 Days | 46 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | 127 Days | 20 Days | 13 Days | 15 Days | 28 Days | No Data |
| Ratio of Units in Building | 4% | 20% | 33% | 28% | 17% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
