Maintenance Fees
Lago at the Waterfront Condos vs The Mimico Area
$2,5501 bd1 ba1 pk574 sqft
For RentLago at the Waterfront Condos
67 Days on Strata
$2,550/mth
1 Bed + 1
1 Bath
1 Parking
574 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
South East
Locker:
None
Laundry:
Ensuite
Amenities
Party Room
Indoor Pool
Security System
Gym Room
Sauna
Guest Suites
Concierge
Media Room
Visitor Parking
Car Wash
About this Listing
Waterfront Condo Living at LAGO Condos. Fully Furnished. This bright & spacious 1 Bedroom + Den, 1 Bathroom unit offers natural light with floor to ceiling windows, views of the lake, high ceilings & plank laminate floors throughout. Open concept living, dining and kitchen. Living room is spacious with a walk out to the private balcony. The kitchen is great for entertaining with stainless steel built-in appliances, quartz countertops & centre island. The spacious bedroom has your own walkout to balcony. Resort Style amenities include indoor pool, sauna, hot tub, Billiards room, and Party Room. Steps away from shops, restaurants, grocery stores, park, lake, trails, transit & major highways. Ensuite Laundry. Parking included. **EXTRAS** Full Condo Amenities include 24 Hour Security/Concierge, Indoor Pool, Sauna and Hot Tub. Billiards Room, Movie Theatre, Party Room and Guest Suites. Free Visitor Parking.
ExtrasHeat and Water Utilities Included. 1 underground Parking Included.
re/max professionals inc.MLS® #W11946130
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
19.1 x 10.99ft
Dining
Laminate, Combined with Living, Open Concept
19.1 x 10.99ft
Kitchen
Laminate, Stainless Steel Appliances, Centre Island
19.1 x 10.99ft
Primary
Laminate, Walkout To Balcony, Large Closet
10.01 x 10.01ft
Den
Laminate, Open Concept
7.91 x 3.12ft
Renter's Market
Balanced
Landlord'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 leased in Mimico
