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    Toronto / Etobicoke / Mimico

    501 - 2111 Lakeshore Blvd W

    For SaleNewport Beach Condos
    $575,000
    Price Cut: $595,000
    1 Bed
    1 Bath
    1 Parking
    680 SQFT
    105 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $643/mth
    Taxes:
    $1,946 (2023)
    Cost Per Sqft:
    $846/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    30 days
    Laundry:
    In Area
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Hardwood Floor
    18.34 x 11.81ft
    Dining
    Combined with Living, Hardwood Floor, Ne View
    18.34 x 11.81ft
    Kitchen
    Walkout To Balcony, Modern Kitchen, Ceramic Floor
    8.46 x 8.07ft

    About this Listing

    This beautifully renovated one-bedroom condo offers nearly 700 square feet of modern elegance. Updated in late 2022, the space features brand-new vinyl flooring and premium upgrades throughout the kitchen and bathroom, delivering both style and functionality.The welcoming foyer includes a spacious double closet, leading to a large bedroom that comfortably fits all your furniture. With parking and a locker conveniently located just steps from the elevator, every detail is designed for your ease and comfort.Unwind on the expansive balcony, perfect for summer BBQs, with partial lake views adding to the serene setting. This is a rare opportunity to own a meticulously upgraded condo at an unbeatable valuedont miss out!

    exp realtyMLS® #W9308743

    Amenities

    Concierge
    Car Wash
    Bike Storage
    BBQs Allowed
    Indoor Parking
    Party Room

    Explore Neighbourhood

    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.

    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
    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%

    Price Trends

    Maintenance Fees

    Newport Beach Condos vs The Mimico Area

    Building Trends At Newport Beach Condos

    Days on Strata

    Units at Newport Beach Condos spend an average of
    20
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    42nd
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    Newport Beach Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Newport Beach Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Newport Beach Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Newport Beach Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 2111 Lake Shore Boulevard W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$475,000No Data$634,000 - $1,137,000No DataNo DataNo Data
    Avg. Cost Per Sqft$721No Data$748No DataNo DataNo Data
    Avg. Wait for Unit Availability143 Days929 Days43 DaysNo Data250 DaysNo Data
    Ratio of Units in Building18%3%70%3%7%2%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico