Maintenance Fees
Vita on the Lake vs The Mimico Area
For RentVita on the Lake
4.5
16 Days on Strata
$2,800/mth
1 Bed + 1
2 Bath
1 Parking
600 - 699 SQFT
Listing History
2025 - Mar 26 • 16 days on Strata
for rent$2,800
Mar 19, 2024 • 3 days on Strata
leased$2,650
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Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
Yes
Exposure:
South East
Locker:
Owned
Laundry:
Main
Amenities
Gym
Party Room
Indoor Pool
Concierge
Guest Suites
Bike Storage
Car Wash
Rooftop Deck
Outdoor Pool
Indoor Parking
About this Listing
Very practical, 1 Bed + 1 Den higher level condo unit. 2 full upgraded baths, one with a tub and the other with a shower. 2 Closets in the unit for plenty of storage. Extra storage available via storage locker at P1 level. Ensuite washer dryer included. Island in the kitchen to give more room for food preparation and storage.
ExtrasWasher, Dryer, Microwave Oven, Fridge, Stove
homelife/miracle realty ltdMLS® #W12044069
Fees & Utilities
Utilities Included
Rent Includes
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Kitchen
Open Concept
17.39 x 9.51ft
Living
Open Concept, Combined with Dining
17.39 x 9.51ft
Dining
Open Concept
17.39 x 9.51ft
Primary
Closet
8.86 x 10.83ft
Den
6.56 x 6.82ft
Renter's Market
Balanced
Landlord's Market
4.5
Building Spotlight
Similar Listings
Explore Mimico
Commute Calculator
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!
Mortgage Calculator
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
36
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
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%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
15
Units were Sold over the past twelve months
Rented Units
76
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 | $550,000 - $565,000 | $590,000 - $700,000 | $877,000 - $1,430,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $1,045 | $1,021 | $1,096 | No Data | No Data |
| Price Range | No Data | $2,075 - $2,400 | $2,450 - $3,350 | $2,900 - $4,400 | $3,050 - $4,000 | No Data |
| Avg. Wait for Unit Availability | No Data | 83 Days | 31 Days | 59 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 11 Days | 8 Days | 11 Days | 39 Days | No Data |
| Ratio of Units in Building | 1% | 24% | 41% | 26% | 10% | 1% |
Market Inventory
Total number of units listed and leased in Mimico
