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    405 - 2240 Lakeshore Blvd W

    For SaleBeyond The Sea - South Tower
    $599,888
    1 Bed + 1
    1 Bath
    1 Parking
    651 SQFT
    4 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $634/mth
    Taxes:
    $2,368 (2024)
    Cost Per Sqft:
    $921/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    Immediately/TBA
    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
    Combined with Dining, Open Concept, Hardwood Floor
    17 x 10.01ft
    Dining
    Walkout To Terrace, Combined with Living, Hardwood Floor
    17 x 10.01ft
    Kitchen
    Granite Counter, Breakfast Bar, Stainless Steel Appliances
    12.57 x 13.12ft

    About this Listing

    ***Luxurious Waterfront Complex***Move-in Ready***One bedroom + Den condo with spacious balcony and a spectacular southeast facing views of the Award Winning Beyond the Sea south tower. This unit offers an open concept layout, modern & stylish kitchen, large breakfast bar with granite counters. In-Suite updated washer & dryer. Building amenities include BBQ, courtyard, rooftop patio, gym, yoga room, indoor pool, whirlpool, hobby room, grand theatre & private dining room, close to grocery stores and local amenities, easy access

    Extras1(one) parking spot & 1 (one) locker included. Close to marina, parks, metro, shoppers, LCBO, banks, transit, Gardiner Expressway and Highway.

    re/max premier inc.MLS® #W10428535


    Amenities

    Concierge
    Security System
    Car Wash
    Indoor Parking
    Rooftop Deck
    Gym Room

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    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%

    Maintenance Fees

    Beyond The Sea - South Tower vs The Mimico Area

    Days on Strata

    Units at Beyond The Sea - South Tower spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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
    5.6
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    23
    Units were Rented over the past twelve months

    Best Value Rank

    Beyond The Sea - South Tower offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Beyond The Sea - South Tower has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Beyond The Sea - South Tower yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Beyond The Sea - South Tower is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 2240 Lake Shore Boulevard

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$465,700$710,000$600,000 - $845,000$843,888No Data
    Avg. Cost Per Sqft$1,020$1,038$934$850No Data
    Avg. Wait for Unit Availability80 Days53 Days50 Days106 DaysNo Data
    Ratio of Units in Building17%32%36%17%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico