Skip to main
    for sale
    64 Days on Strata
    Est Sell Timeframe:
    22 Days

    501 - 2111 Lakeshore Blvd W

    Newport Beach Condos4.7
    $525,000
    1 Bed
    1 Bath
    1 Parking
    700 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $643/mth
    Taxes:
    $2,089 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $750/sqft
    Outdoor Space:
    Balcony
    Locker:
    Exclusive
    Possession Date:
    TBD
    Exposure:
    North East

    Amenities

    BBQs Allowed
    Gym
    Guest Suites
    Party Room
    Visitor Parking

    About this Listing

    Love at First Showing! This nearly 700 sq. ft. renovated 1-bed shines with a modern kitchen, new flooring, and a spa-like bath. Enjoy a bright open plan and a spacious balcony with partial lake views. Parking + locker by the elevator. Stylish, turnkey, and ready to impress.

    ExtrasAll ss appliances: stove, fridge, dishwasher, washer/dryer. Includes allelectric light fixtures and window coverings. Condo fees cover all utilities, including hydro.

    exp realtyMLS® #W12413406

    Utilities & Inclusions

    Hydro
    Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    18.34 x 11.81ft
    Combined with Dining, Walkout To Balcony, hardwood floor
    Dining
    18.34 x 11.81ft
    Combined with Living, hardwood floor, Ne View
    Kitchen
    8.46 x 8.07ft
    Walkout To Balcony, Modern Kitchen, Ceramic Floor
    Primary
    13.94 x 10.17ft
    hardwood floor, French Doors, Ne View
    Bathroom
    6.92 x 7.25ft
    4 Piece Bath
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Mimico

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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 Newport Beach Condos

    Days on Strata

    Units at Newport Beach Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    46th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Newport Beach Condos offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    Newport Beach Condos has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    Newport Beach Condos yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    Newport Beach Condos is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Market Insights

    Transaction Insights at Newport Beach Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$552,000No Data$715,000 - $850,000No DataNo DataNo Data
    Avg. Cost Per Sqft$864No Data$642No DataNo DataNo Data
    Avg. Wait for Unit Availability160 Days334 Days51 Days493 Days338 DaysNo Data
    Ratio of Units in Building18%3%69%3%8%2%

    Market Inventory

    Total number of units listed and sold in Mimico