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501 - 110 Marine Parade Drive

Mimico, Etobicoke, Toronto

For SaleRiva Del Lago Condos

$849,900

Price Cut: $859,900

2 Beds

2 Bath

1 Parking

893 SQFT

18 Days on Strata

Est Sell Timeframe

3 Days

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$952/sqft

Maintenance Fees:

$769/mth

Taxes:

$3,778 (2023)

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

South East

Possession Date:

30/90/90

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Water

Parking

Building Maintenance

Building Insurance

Excluded

Hydro

Heat

Air Conditioning

Unit Details

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air
Ensuite Laundry: Yes

Room Dimensions

Living

Laminate, Combined with Dining, Walkout To Balcony

17.39 x 10.5ft

Dining

Laminate, Combined with Living

17.39 x 10.5ft

Kitchen

Laminate, Centre Island, Pantry

12.8 x 6.56ft

About this Listing

Experience Lakeside Luxury at 110 Marine Parade Dr. Unit 501. Split-plan layout complete with a balcony perfect for morning coffee rituals and sunset gazing sessions. Both bedrooms have walk-in closets and ensuite bath access. The kitchen is a dream, featuring granite countertops, a large island with seating, and a pantry for added storage .Located in the coveted Riva del Lago, this boutique building offers breathtaking views of the lake, CN Tower, and city skyline.Indulge in the building's amenities, including a concierge, party room, indoor pool, gym, sauna, and hot tub.Situated just moments away from Mimico GO, the QEW, downtown, Sherway Gardens Shopping Centre, and the picturesque Humber Bay Park with its walking and biking trails, convenience is at your fingertips. Don't miss this opportunity to embrace the good life by the water.

real broker ontario ltd.MLS® #W8250554

Amenities

Indoor Parking

Gym Room

Indoor Pool

Party Room

Media Room

BBQ

Nearby Amenities

6/10

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.

6/10

Bikeability

The bike lane starts to feel like a second home.

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

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

Marital Status

Commute

Languages (Primary Language)

English

58%

Mandarin

14%

Other

13%

Cantonese

10%

Tagalog

Spanish

Korean

Tamil

Education

University and Above

33%

High School

27%

None

16%

College

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

25%

Architecture & Engineering

20%

Health & Related Fields

12%

Social Sciences

10%

Math & Computer Sciences

Education

Humanities

Physical Sciences

Personal, Protective & Transportation Services

Visual & Performing Arts

Price Trends

Building Trends At Riva Del Lago Condos

Days on Strata

Units at Riva Del Lago Condos spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

Turnover of Units

On average, each unit is owned for

5.2

YEARS before being sold again

Property Value

-4%

Decrease in property value within the past twelve months

Price Ranking

13th

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

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

Riva Del Lago Condos offers the

best value out of 57 condos in the Mimico neighbourhood

Appreciation Rank

Riva Del Lago Condos has the

highest ROI out of 57 condos in the Mimico neighbourhood

Rental Yield

Riva Del Lago Condos yields the

highest rent prices out of 57 condos in the Mimico neighbourhood

High Demand

Riva Del Lago Condos is the

most popular building out of 57 condos in the Mimico neighbourhood

Transaction Insights at 110 Marine Parade Drive

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	$580,000 - $599,000	$699,800	$760,000 - $827,500	No Data
Avg. Cost Per Sqft	$1,057	$999	$986	No Data
Price Range	$2,450 - $2,550	$2,450	$3,100 - $4,700	$4,000 - $5,600
Avg. Wait for Unit Availability	189 Days	252 Days	74 Days	227 Days
Avg. Wait for Unit Availability	64 Days	63 Days	35 Days	56 Days
Ratio of Units in Building	21%	18%	42%	20%

Maintenance Fees

Riva Del Lago Condos vs The Mimico Area

501 - 110 Marine Parade Drive

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At Riva Del Lago Condos

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 110 Marine Parade Drive

Maintenance Fees

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