Maintenance Fees
Vita on the Lake vs The Mimico Area
$580,0001 bd1 ba1 pk525 sqft
For SaleVita on the Lake
4.5
68 Days on Strata
$580,000
1 Bed
1 Bath
1 Parking
525 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$395/mth
Taxes:
$2,310 (2024)
Cost Per Sqft:
$1,105/sqft
Outdoor Space:
Balcony
Locker:
Exclusive
Exposure:
North West
Possession Date:
January 28, 2025
Amenities
Bike Storage
Indoor Pool
Outdoor Pool
Rooftop Deck
Guest Suites
Gym Room
Car Wash
Indoor Parking
Party Room
Concierge
About this Listing
Vita 1 Condos by Mattamy. 50th floor unit, one-bedroom, full 4pcs bathroom with a linen cupboard. Partial views of the lake from a huge balcony, Northwest exposure with a beautiful Sunset. 9' Ceilings, Floor to ceiling windows. Laminate flooring in bedroom, living and dining rooms. Bathroom has tiled floor. Modern kitchen with stainless appliances and a upgraded backsplash. Full amenities with outside pool, exercise room, party room, games room, guest suites, an outside BBQ designated area with a clear view of the lake. Ample visitors parking on P1. Miles of jogging, walking and cycling lanes. Famous restaurants are minutes away including patio Cafes. **EXTRAS** Stainless steel fridge, glass top counter stove, B/I dishwasher, B/I Microwave, Blinds, Laminate floors in Living, dining and kitchen. One underground parking and one locker.
homelife/bayview realty inc.MLS® #W11944042
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
Gas
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate, Walkout To Balcony
18.5 x 10.5ft
Dining
Combined with Living, Laminate, Open Concept
18.5 x 10.5ft
Kitchen
Combined with Dining, Laminate, Updated
18.5 x 10.5ft
Primary
Walkout To Balcony, Laminate, Closet Organizers
11.58 x 8.92ft
Foyer
Laminate
6.5 x 5.58ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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
