20 Shore Breeze Drive

Everything You Need to Know About 20 Shore Breeze Drive

If you’re looking for a Toronto condo for sale, then Water Tower at Eau Du Soleil is a great choice. Standing 49 storeys tall, this development provides residents with an excellent starting point to explore the Mimico neighbourhood. The property was completed in 2019 by Empire Communities, and is comprised of 535 units, ranging in size from 400 to 1343 square feet.

Price of condos at 20 Shore Breeze Drive

Units here are considerably higher than the neighbourhood average. Buyers can expect to pay $1,153 per-square-foot, based on the past 12 months of sales, making this one of the priciest buildings in the area.

In terms of overall sale price, the average ranges from $810,000 for a one bedroom plus den, up to $1,125,000 for a 3 bedroom plus den. Meanwhile, the average price for rentals can go anywhere from $2,300 to $2,700 per month.

How many condos have sold and rented at 20 Shore Breeze Drive?

In the past year, 18 have have sold, and 91 units have been rented.

There are currently 7 units for sale and 4 for rent. Units typically spend 48 days on the market.

The Suites

Many of the suites offer well-sized balconies, some of them overlooking the Etobicoke waterfront. Each unit features 9-foot ceilings, but those on the 40th floor and above have 10-foot ceilings. The finishes are modern and airy throughout. In the kitchen, for example, you can expect European-inspired cabinetry, glass-tiled backsplashes, stainless steel appliances, and granite countertops. Many of the bathrooms offer luxurious features, such as rain shower heads and deep-soaker tubs.

What amenities does Water Tower at Eau Du Soleil offer?

Residents looking for the standard offerings of a modern-day condo will find them here. Amenities include:

• Concierge
• Indoor Pool
• Guest Suites
• Media Room
• Party Room
• Recreation Room
• BBQ
• Rooftop Deck & Garden

Condo Fees

Maintenance fees are $0.84 per-square-foot, which is roughly in line with the neighbourhood average.

Condo fees include heat and air conditioning. But residents must pay separately for hydro and water.

The Neighbourhood

Mimico is one of Etobicoke’s most beautiful communities, offering residents an urban lifestyle with a mix of nature along Lake Ontario.

If you enjoy dining out, the neighbourhood has plenty to offer. Huevos Gourmet and Mero’s Hot Chicken are just a few steps from here. For more variety, a quick 5-minute walk east will bring you to Scaddabush Italian Kitchen, La Vecchia Restaurant, and Firkin on the Bay.

For those who like to cook at home, there are a lot of grocery stores near 20 Shore Breeze Drive — including Sobeys Queensway, Rabba Fine Foods and Metro, all within 5 minutes by car.

On weekends, nature enthusiasts will always have something to do with Humber Bay Park nearby. Spend the day exploring the Humber shoreline, or walk over to the Humber Bay Butterfly Habitat just 3 minutes away.

Meanwhile, a quick drive west along The Gardiner will lead you to many options for shopping. Kipling-Queensway Mall, SmartCentres Etobicoke and Sherway Gardens are all within a 10 to 15 minute drive.

What is the walk score of 20 Shore Breeze Drive?

Water Tower at Eau Du Soleil has a walk score of 45, meaning it would be most convenient to run errands with a car. However, the transit score is 63, offering a good public transportation network to get around. But this area is perhaps best for cyclists, given its more impressive bike score of 79.

What is the local real estate market like?

Mimico is very active in terms of real estate activity, and the area is currently experiencing a buyer’s market. On average, listings are sitting on the market for about 28 days, and properties are selling about 2.6% below the asking price.

If you’re looking to lease in Mimico, renters here are facing more competition with tenants paying about 1.2% above the list price.

Building Age

This condo was built by Empire Communities in 2019, making it one of Mimico’s newer projects. It was developed at the same time as its sister building, Sky Tower at Eau Du Soleil.

Transportation

The property's close proximity to Toronto’s downtown core makes this area a convenient place to live. Drivers can simply get on the Gardiner Expressway and head east for work and entertainment. Or if you need to head into the suburbs, you can drive westbound to Mississauga.

For those taking public transit, a quick walk over to Park Lawn and Lakeshore will allow you to hop on the bus. Several bus routes will take you to Royal York station along the Bloor-Danforth subway line.

Summary

Although 20 Shore Breeze Drive is considerably more expensive than neighbouring condos, it’s not difficult to see why. With its location along the Lake Ontario shoreline, plus easy access to Toronto’s downtown core – one can understand the desirability to live here. If you can afford one of the higher-level suites, particularly with a lake view, then your investment into this building will be that much stronger.