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    505 - 155 LEGION Rd N

    $769,0002 bds2 ba1 pk1,010 sqft
    For SaleiLofts
    4 Days on Strata
    Est Sell Timeframe:
    22 Days
    $769,000
    2 Beds
    2 Bath
    1 Parking
    1,010 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $1,081/mth

    Taxes:

    $3,004 (2024)

    Cost Per Sqft:

    $761/sqft

    Outdoor Space:

    Balcony

    Locker:

    None

    Exposure:

    South West

    Possession Date:

    Flexible

    Amenities

    Sauna
    Indoor Parking
    Rooftop Deck
    Squash Court
    Guest Suites
    Gym
    Visitor Parking
    Outdoor Pool
    Games Room
    Media Room
    Party Room
    Concierge

    About this Listing

    Welcome to this stunning open concept 2-floor loft boasting 2-bedrooms, 2-bathrooms, 1 balcony and 1 parking in the heart of Mimico (CORNER UNIT). With soaring floor-to-ceiling windows, this contemporary suite is flooded with natural light, offering a bright and airy ambiance that feels like a retreat from the city's hustle. The bright, stylish kitchen blends seamlessly into the expansive living area, creating a perfect space for entertaining or unwinding. The kitchen is equipped with S/S appliances and has been updated with tons of extra cabinet space, a beautiful marbled backsplash and countertop, and a cappuccino waterfall countertop and breakfast bar that is separate from the dining space. The spacious primary bedroom has large custom built cabinet closets and the spa-inspired ensuite bathroom provides comfort and luxury with both a bathtub and stand-up shower options. Included with the unit is a parking spot, but you may hardly need it! Nestled steps from the Lakeshore, the marina, and endless trails, this location is a haven for nature lovers! Convenience is key, with quick access to the QEW, HWY 427, HWY 401, and every urban amenity you could desire from restaurants and grocery shopping centers to cozy cafés and the GO Station. The building offers an array of world-class amenities including a large gym, squash court track, media room, roof top pool, hot tub, outdoor lounge with Bbq's, garden deck, and visitors parking. Don't just live - thrive in a space that truly offers a unique living experience. Your Mimico dream loft awaits!

    ExtrasGE S/S Stove, GE S/S Above-the-Range Microwave and Fan, LG S/S Fridge, S/S Bosch Dishwasher, Stackable LG Washer and Dryer, All Existing Window Coverings, All Existing Light Fixtures, Garage Door Opener.

    harvey kalles real estate ltd.MLS® #W12089247

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Kitchen

    Laminate, Open Concept, Stainless Steel Appliances

    22.21 x 21.79ft

    Living

    Laminate, Open Concept, Sw View

    22.21 x 21.79ft

    Dining

    Laminate, Open Concept, Walkout To Balcony

    22.21 x 21.79ft

    Primary

    Laminate, Windows Floor to Ceiling, Built-in Closet

    12.4 x 11.12ft

    2nd Bedroom

    Windows Floor to Ceiling, Laminate

    12.5 x 8.3ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    6/10
    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.
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

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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 iLofts spend an average of
    56
    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
    4.4
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    30th
    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

    17
    Units were Rented over the past twelve months

    Best Value Rank

    iLofts offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    iLofts has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    iLofts yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    iLofts is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Market Insights

    Transaction Insights at iLofts

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$540,000$522,000 - $634,000$610,000 - $808,000$650,000
    Avg. Cost Per Sqft$799$833$831$754
    Avg. Wait for Unit Availability34 Days30 Days65 Days299 Days
    Ratio of Units in Building37%37%24%5%

    Market Inventory

    Total number of units listed and sold in Mimico