Maintenance Fees
South Beach Condos vs The Mimico Area
for sale
30 Days on Strata
- Est Sell Timeframe:
- 22 Days
2907 - 88 Park Lawn Rd
$1,795,000
3 Beds + 1
3 Bath
2 Parking
1,917 SQFT
Price History
- Maintenance Fees:
- $1,624/mth
- Taxes:
- $7,031 (2024)
- Property Type:
- Condo
- Cost Per Sqft:
- $936/sqft
- Outdoor Space:
- Enclosed/Solarium
- Locker:
- Owned
- Possession Date:
- Oct 22
- Exposure:
- North East
Amenities
Gym
Outdoor Pool
Indoor Pool
Party Room
Visitor Parking
About this Listing
Award winning master planned community "South Beach Condos & Lofts" by Amexon. Close proximity to downtown, waterfront and public transportation. Vacation type living at its fullest with over 40,000 sq ft of resort lifestyle amenities. High end art deco retail gateway at entrance. Rarely offered Penthouse suite, large 3bd+den, 3 bathroom corner unit with soaring 10' ceilings. Fully upgraded with thousands spent..Wrap around terrace and private balcony with walk out in primary bedroom. Wrap around floor to ceiling windows with spectacular panoramic views. Luxuries finishes, European appliances, Pot lights, marble kitchen and bathrooms, panelled fridge and dishwasher (double door fridge/freezer), spa like bathrooms. Separate laundry room with ample storage. Double sink, jacuzzi tub and heated floors in primary ensuite. Jack and Jill bathroom with double sink connected to 2nd and 3rd bedroom. Custom Closet organizers throughout. Two parking spots included (side by side) with your own private garage (EV charging). One locker included. A must see!
ExtrasWasher/Dryer, Fridge, Microwave, Built-in oven and Cooktop, Dishwasher, All Blinds and all electrical light fixtures included.
condos and castles realty inc.MLS® #W12476818
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Den
- 6.82 x 10.99ft
- Glass Doors
- Dining
- 10.4 x 10.76ft
- Open Concept
- Living
- 26.84 x 10.99ft
- Open Concept
- Kitchen
- 10.01 x 16.01ft
- Centre Island, Double Sink, Pot Lights
- Other
- 0 x 0ft
- Separate Room, Combined with Laundry
- Bedroom
- 16.31 x 20.34ft
- 5 Piece Ensuite, Walkout To Terrace, Walk-in Closet
- 2nd Bedroom
- 10.99 x 11.16ft
- Large Window, Walk-in Closet, 5 Piece Ensuite
- 3rd Bedroom
- 9.68 x 9.32ft
- Walk-in Closet, Glass Doors, 5 Piece Ensuite
- Powder Rm
- 0 x 0ft
- 2 Piece Bath, Marble Floor
- Bathroom
- 0 x 0ft
- 5 Piece Ensuite, Double Sink, Marble Floor
- Bathroom
- 0 x 0ft
- 5 Piece Ensuite, Double Sink, Marble Floor
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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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
25
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
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
-12%
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
14
Units were Sold over the past twelve months
Rented Units
32
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 | $470,000 - $476,000 | $520,000 | $649,000 - $765,000 | $655,000 - $1,075,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,045 | $821 | $913 | $891 | No Data | No Data |
| Price Range | $2,200 - $2,300 | $2,450 - $2,800 | $2,800 - $3,400 | $2,900 - $3,900 | No Data | No Data |
| Avg. Wait for Unit Availability | 104 Days | 70 Days | 103 Days | 27 Days | 573 Days | 227 Days |
| Avg. Wait for Unit Availability | 62 Days | 44 Days | 93 Days | 43 Days | 712 Days | 312 Days |
| Ratio of Units in Building | 14% | 20% | 14% | 45% | 2% | 6% |
Market Inventory
Total number of units listed and sold in Mimico
