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    for sale
    17 Days on Strata
    Est Sell Timeframe:
    22 Days
    $990,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,200 - 1,399 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $925/mth
    Taxes:
    $2,160 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $708 - $825/sqft
    Outdoor Space:
    Terrace
    Locker:
    Owned
    Possession Date:
    Nov 5
    Exposure:
    South East

    Amenities

    Concierge
    Gym
    Indoor Pool
    Outdoor Pool
    Party Room

    About this Listing

    Experience The Epitome of Luxury Living at South Beach Condos With This 2 BEDROOM + DEN, Corner Unit! Featuring Floor-To-Ceiling Windows That Flood The Space with Light, 9' Ceilings, Spacious Primary Bedroom Including Large Walk-in Closet And A Spa-Like 4-Piece Ensuite That Features A Marble Vanity & Raindrop Shower Head. To Top It All Off, The Unit Includes A Versatile Den With A Sliding Door; Large Enough And Perfect For Home Office Or Guest Space. The Chef's Kitchen, Equipped With Stainless Steel Appliances, Granite Countertops, & A Sizable Island, Is A Culinary Haven. A Huge Wrap-Around Balcony Offers Stunning Views Of The Lake, As Well As Beautiful Morning Sunrises And Sunsets. Enjoy Your Private Balcony Overlooking Humber Bay Shores. Resort-Inspired Amenities Include Indoor/Outdoor Pools, Fitness Centre, Spa, 18-Seater Theatre Room, Event and Office Space, Basketball/Squash Courts, And 24-Hr Concierge. Perfectly Positioned In Mimico-Where City Sophistication Meets the Calming Presence of Lake Ontario. Convenient Access to TTC, GO Transit, The Gardiner Expressway, Downtown, and Pearson Airport Makes Every Commute Seamless. Nearby Parks And Trails, Including Humber Bay Shores, Offer Daily Escapes to Nature. Includes Parking & Locker

    ExtrasFridge, Stove, Built-in Dishwasher, Microwave, Washer and Dryer, Electric Light Fixtures, Window Coverings

    re/max hallmark realty ltd.MLS® #W12514646

    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
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    20.9 x 13.19ft
    hardwood floor, Open Concept, Fireplace
    Dining
    10.6 x 7.58ft
    hardwood floor, Open Concept
    Kitchen
    15.39 x 7.09ft
    Centre Island, Quartz Counter, Built-in Dishwasher
    Den
    9.88 x 8.69ft
    Sliding Doors
    Primary
    11.09 x 10.27ft
    Ensuite Bath, hardwood floor, Walk-in Closet
    2nd Bedroom
    10.79 x 8.99ft
    Window, hardwood floor, Closet

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
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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
    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%


    Days on Strata

    Units at South Beach Condos and Lofts II spend an average of
    36
    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
    5.8
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    35
    Units were Rented over the past twelve months

    Best Value Rank

    South Beach Condos and Lofts II offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    South Beach Condos and Lofts II has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    South Beach Condos and Lofts II yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    South Beach Condos and Lofts II is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Market Insights

    Transaction Insights at South Beach Condos and Lofts II

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$550,000 - $623,000$610,000$695,000 - $1,080,000No DataNo Data
    Avg. Cost Per SqftNo Data$904$786$894No DataNo Data
    Avg. Wait for Unit Availability98 Days60 Days119 Days30 DaysNo Data152 Days
    Ratio of Units in Building14%21%14%45%2%6%

    Market Inventory

    Total number of units listed and sold in Mimico