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    Toronto / Etobicoke / Mimico

    501 - 2111 Lakeshore Blvd W

    For SaleNewport Beach Condos
    $595,000
    1 Bed
    1 Bath
    1 Parking
    680 SQFT
    11 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $643/mth
    Taxes:
    $1,946 (2023)
    Cost Per Sqft:
    $875/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    30 days
    Laundry:
    In Area
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Hardwood Floor
    18.34 x 11.81ft
    Dining
    Combined with Living, Hardwood Floor, Ne View
    18.34 x 11.81ft
    Kitchen
    Walkout To Balcony, Modern Kitchen, Ceramic Floor
    8.46 x 8.07ft

    About this Listing

    Welcome to Newport Beach Condos! Discover this stunning one-bedroom waterfront unit offering nearly 700 square feet of modern living space. Recently renovated in late 2022, this condo features new vinyl flooring throughout, along with upgraded kitchen and bathroom finishes. The welcoming foyer includes a spacious double closet. The large bedroom offers plenty of room for all your furniture. Conveniently, both parking and locker are located close to the elevator. Enjoy partial lake views and the opportunity for BBQs from the large balcony. Exceptional value for the price!

    exp realtyMLS® #W9308743

    Amenities

    Media Room
    BBQ
    Bike Storage
    Security System
    Gym Room
    Concierge

    Explore Neighbourhood

    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.
    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%

    Price Trends

    Maintenance Fees

    Newport Beach Condos vs The Mimico Area

    Building Trends At Newport Beach Condos

    Days on Strata

    Units at Newport Beach Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    46th
    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

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Newport Beach Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Newport Beach Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Newport Beach Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Newport Beach Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 2111 Lake Shore Boulevard W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$475,000No Data$634,000 - $1,065,000No DataNo DataNo Data
    Avg. Cost Per Sqft$721No Data$752No DataNo DataNo Data
    Avg. Wait for Unit Availability143 Days929 Days42 DaysNo Data250 DaysNo Data
    Ratio of Units in Building18%3%70%3%7%2%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico