Maintenance Fees
Lago at the Waterfront Condos vs The Mimico Area
$2,5501 bd1 ba1 pk663 sqft
For RentLago at the Waterfront Condos
10 Days on Strata
$2,550/mth
1 Bed + 1
1 Bath
1 Parking
663 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South East
Locker:
Owned
Amenities
Car Wash
Indoor Pool
Sauna
Security System
Guest Suites
Party Room
Gym
Media Room
Visitor Parking
Concierge
About this Listing
Bright & Spacious 1+1 Bdrm Unit Located In The Chic Lagos Building Along The City's Waterfront With Easy Access To Walking/Running/Bike Trails, Restaurants, Shops, Bars And So Much More.Watch The Sunrise From The Wrap Around Balcony. 5** State Of The Art Amenities Which Includes Indoor Pool, Hot Tub, Gym, Car Wash Bay, Guest Suites, Party Room Theatre, 24Hr Concierge.
ExtrasS/S Fridge, Stove, Built-In Dishwasher, Microwave With Range Hood, All Elf, Window Coverings, 1Parking, 1 Locker.
royal lepage signature realtyMLS® #W12074349
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
17 x 10.24ft
Dining
Laminate, Combined with Living, Open Concept
17 x 10.24ft
Kitchen
Laminate, Granite Counter, Open Concept
7.74 x 8.43ft
Primary
Laminate, Closet Organizers, Walkout To Balcony
10.01 x 10.24ft
Den
Laminate
6.27 x 6.27ft
Renter's Market
Balanced
Landlord's Market
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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.
6/10
Bikeability
The bike lane starts to feel like a second home.
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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
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%
Building Trends At Lago at the Waterfront Condos
Days on Strata
Units at Lago at the Waterfront Condos spend an average of
26
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
above
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
6
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
17th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
20
Units were Sold over the past twelve months
Rented Units
45
Units were Rented over the past twelve months
Best Value Rank
Lago at the Waterfront Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Lago at the Waterfront Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Lago at the Waterfront Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Lago at the Waterfront Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Lago at the Waterfront Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $422,000 | $516,000 - $590,000 | $545,000 - $635,000 | $710,000 - $1,168,000 | $685,000 - $1,425,000 | No Data |
| Avg. Cost Per Sqft | $577 | $1,011 | $986 | $1,083 | $1,029 | No Data |
| Price Range | $1,800 - $1,875 | $2,125 - $2,500 | $2,350 - $2,700 | $2,300 - $3,900 | $3,000 - $5,200 | No Data |
| Avg. Wait for Unit Availability | 207 Days | 70 Days | 31 Days | 46 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | 127 Days | 21 Days | 13 Days | 15 Days | 28 Days | No Data |
| Ratio of Units in Building | 4% | 20% | 33% | 28% | 17% | 1% |
Market Inventory
Total number of units listed and leased in Mimico
