Maintenance Fees
Vita on the Lake vs The Mimico Area
$699,9001 bd2 ba1 pk663 sqft
For SaleVita on the Lake
4.5
5 Days on Strata
$699,900
1 Bed + 1
2 Bath
1 Parking
663 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$483/mth
Taxes:
$2,518 (2025)
Cost Per Sqft:
$1,056/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South East
Possession Date:
To Be Arranged
Amenities
Bike Storage
Indoor Pool
Outdoor Pool
Rooftop Deck
Guest Suites
Gym Room
Car Wash
Indoor Parking
Party Room
Concierge
About this Listing
Welcome to Vita on the Lake, a stunning condominium by Mattamy Homes. This thoughtfully designed 663 sq. ft. one-bedroom unit features a spacious den with a sliding door, offering the flexibility to function as a second bedroom. The open-concept living and dining area provides a seamless flow, with large windows that fill the space with natural light and offer breathtaking views of the lake. Step out onto your private balcony to enjoy the serene surroundings. The modern kitchen is equipped with sleek stainless steel appliances, perfect for preparing meals in style. This unit also boasts two full bathrooms, adding to the convenience and comfort of your living space. Additional highlights include floor-to-ceiling windows, providing panoramic lake views, as well as one owned locker and one owned parking space. Vita on the Lake offers a range of premium amenities, including an outdoor pool, fitness room with a yoga studio and sauna, party room with a kitchenette and bar, games room, guest suites, and an outdoor patio with BBQ and seating areas. Enjoy the 24-hour concierge service and easy access to near by metro stations, shopping, restaurants, transit, parks, and waterfront trails. With miles of walking and biking paths right outside your door and only minutes from downtown, this residence is perfectly situated for both relaxation and convenience. Experience lakeside living at its finest welcome home!
ExtrasFridge, Stove, B/I Dishwasher, Microwave, Washer/Dryer, All Elf's
new era real estateMLS® #W12056250
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
Combined with Dining, Laminate, Walkout To Balcony
9.51 x 109.42ft
Dining
Combined with Living, Laminate, Walkout To Balcony
10.01 x 10.76ft
Den
Laminate
8.99 x 6ft
Primary
Laminate, Closet, Large Window
9.42 x 10.5ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Mimico
Commute Calculator
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3/10
Walkability
A sight of a grocery store is as rare as a unicorn sighting.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
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 Vita on the Lake
Days on Strata
Units at Vita on the Lake spend an average of
37
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
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
4.8
YEARS before being sold againProperty Value
0%
Increase in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
19
Units were Sold over the past twelve months
Rented Units
87
Units were Rented over the past twelve months
Best Value Rank
Vita on the Lake offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Vita on the Lake has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Vita on the Lake yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Vita on the Lake is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Vita on the Lake
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $505,000 - $573,000 | $590,000 - $710,000 | $877,000 - $1,430,000 | $875,000 | No Data |
| Avg. Cost Per Sqft | No Data | $1,028 | $1,029 | $1,099 | $1,071 | No Data |
| Price Range | No Data | $2,075 - $2,400 | $2,450 - $3,350 | $2,900 - $4,400 | $3,050 - $4,450 | No Data |
| Avg. Wait for Unit Availability | No Data | 77 Days | 31 Days | 59 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 11 Days | 7 Days | 11 Days | 38 Days | No Data |
| Ratio of Units in Building | 1% | 24% | 41% | 26% | 10% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
