Maintenance Fees
South Beach Condos vs The Mimico Area
$2,7001 bd1 ba1 pk648 sqft
For RentSouth Beach Condos
11 Days on Strata
$2,700/mth
1 Bed + 1
1 Bath
1 Parking
648 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
April 15, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North
Locker:
Owned
Amenities
Gym
Squash Court
Business Centre
Party Room
Indoor Pool
Concierge
Guest Suites
Visitor Parking
Outdoor Pool
Sauna
Indoor Parking
About this Listing
Luxurious 1-Bed + Den Suite In Highly Sought After South Beach Condos. High Ceilings, Hardwood Floors, Balcony, Unobstructed View, Walk-In Closet In Master, In-Suite Laundry, Huge Closets, Parking & Locker. Spacious Layout Great For Entertaining. Separate Den With Sliding Glass Door - Perfect for Working from Home or as small bedroom. This upscale community offers 5-star amenities, including a hotel-like lobby, gym, basketball/squash courts, indoor/outdoor pools, an 18-seat theater, billiards, party room, guest suites, library/lounge, ample visitor parking, 24/7 security-concierge and more. Situated just minutes from the lake, perfect for taking walks or bike rides along the Humber Bay path, and dining at one of the many fantastic restaurants nearby. Grocery stores, HWY, TTC, Mimico GO and other amenities are also conveniently located nearby.
ExtrasBrand new floors throughout suite. Landlord to paint entire suite. Brand new fridge. Washer/dryer approximately 1 year old. 1 Parking + 1 Locker.
majestic properties (canada) inc.MLS® #W12052419
Fees & Utilities
Utilities Included
Rent Includes
Parking
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, hardwood floor
22.57 x 10.76ft
Dining
Combined with Living, hardwood floor
22.57 x 10.76ft
Kitchen
Breakfast Bar, Stainless Steel Appliances
8.99 x 8.56ft
Primary
Walk-in Closet, Picture Window, hardwood floor
11.29 x 9.25ft
Den
Glass Doors, hardwood floor, Separate Room
7.78 x 5.05ft
Renter's Market
Balanced
Landlord's Market
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7/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
7/10
Transit
Transit's there for you, like a loyal golden retriever.
6/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
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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 South Beach Condos
Days on Strata
Units at South Beach Condos spend an average of
33
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
5.3
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
9th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
29
Units were Rented over the past twelve months
Best Value Rank
South Beach Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
South Beach Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
South Beach Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
South Beach Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at South Beach Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $476,000 - $525,000 | $622,000 - $635,000 | $655,000 - $765,000 | $715,000 - $1,025,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,031 | $1,000 | $956 | $1,009 | No Data | No Data |
| Price Range | $2,200 - $2,400 | $2,500 - $2,800 | $2,800 - $3,450 | $2,900 - $4,500 | No Data | $4,500 |
| Avg. Wait for Unit Availability | 108 Days | 61 Days | 103 Days | 23 Days | 573 Days | 234 Days |
| Avg. Wait for Unit Availability | 60 Days | 46 Days | 113 Days | 41 Days | 801 Days | 474 Days |
| Ratio of Units in Building | 14% | 20% | 13% | 46% | 2% | 6% |
Market Inventory
Total number of units listed and leased in Mimico
