For SaleVita on the LakeEst Sell Timeframe 8 Days
$739,000
Price Increase: $649,900
1 Bed + 1
2 Bath
1 Parking
627 SQFT
65 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$452/mth
Taxes:
$2,546 (2024)
Cost Per Sqft:
$1,179/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
South West
Possession Date:
October 1, 2024
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Walkout To Balcony, Combined with Kitchen, Large Window
17.62 x 9.81ft
Kitchen
Modern Kitchen, Combined with Living
17.62 x 9.81ft
Prim Bdrm
Walkout To Balcony, 3 Piece Ensuite, Closet
10.89 x 8.99ft
About this Listing
Great Location. Perfect For First Time Home Buyers ,One Bedroom + Den Condo Unit Offers an Open Concept Design With Floor To Ceiling Windows with Lots Of Natural Light, Den With Slide Door Can Be Used As A Second Bedroom/Office , 2 Full Bathrooms, Modern Kitchen With Centre Island, Ensuite Laundry, Including One parking & One locker, 2 separate walk outs to a huge Balcony facing on Lake view. Exclusive Amenities: 24 Hrs concierge, gym including yoga studio w/sauna, outdoor pool with sun deck, Party Room With Kitchenette And Bar , billiards Room. Barbeque Area, Guest suites. Close to lake, downtown, TTC, Restaurants, visitor parking.
first class realty inc.MLS® #W9310488
Amenities
Concierge
Guest Suites
Bike Storage
Indoor Pool
Rooftop Deck
Gym Room
Explore Neighbourhood
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!
Similar Listings
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%
Price Trends
Maintenance Fees
Vita on the Lake vs The Mimico Area
Building Trends At Vita on the Lake
Days on Strata
Units at Vita on the Lake 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
4.7
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
3rd
Highest price per SQFT out of 57 condos in the Mimico area
Sold Units
23
Units were Sold over the past twelve months
Rented Units
85
Units were Rented over the past twelve months
Best Value Rank
Vita on the Lake offers the best value out of 57 condos in the Mimico neighbourhood
?
Appreciation Rank
Vita on the Lake has the highest ROI out of 57 condos in the Mimico neighbourhood
?
Rental Yield
Vita on the Lake yields the highest rent prices out of 57 condos in the Mimico neighbourhood
?
High Demand
Vita on the Lake is the most popular building out of 57 condos in the Mimico neighbourhood
?
Transaction Insights at 70 Annie Craig Drive
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $505,000 - $575,000 | $590,000 - $716,000 | $725,000 - $930,000 | $872,500 - $1,292,000 | No Data |
| Avg. Cost Per Sqft | No Data | $1,032 | $1,060 | $987 | $889 | No Data |
| Price Range | No Data | $2,100 - $2,450 | $2,450 - $3,350 | $2,900 - $5,000 | $3,250 - $4,600 | No Data |
| Avg. Wait for Unit Availability | No Data | 80 Days | 29 Days | 50 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 10 Days | 7 Days | 11 Days | 40 Days | No Data |
| Ratio of Units in Building | 1% | 25% | 41% | 26% | 10% | 1% |
Transactions vs Inventory
Total number of units listed and sold in Mimico
