For RentHearthstone by the Bay CondosEst Lease Timeframe 17 Days
$4,300/mth
1 Bed + 1
1 Bath
1 Parking
750 SQFT
40 Days on Strata
Listing History
Unit Highlights
Possession Date:
November 1, 2024
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South West
Locker:
Ensuite+Owned
Laundry:
Ensuite
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Excluded
Hydro
Air Conditioning
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Room dimensions are not available for this listing.
About this Listing
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times realty group inc.MLS® #W9397498
Amenities
Concierge
Security System
Indoor Parking
Lap Pool
Rooftop Deck
Gym Room
Explore Neighbourhood
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.
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
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%
Price Trends
Maintenance Fees
Hearthstone by the Bay Condos vs The Mimico Area
Building Trends At Hearthstone by the Bay Condos
Days on Strata
Units at Hearthstone by the Bay Condos spend an average of
18
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire 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
6.7
YEARS before being sold againProperty Value
6%
Increase in property value within the past twelve months
Price Ranking
47th
Highest price per SQFT out of 57 condos in the Mimico area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
2
Units were Rented over the past twelve months
Best Value Rank
Hearthstone by the Bay Condos offers the best value out of 57 condos in the Mimico neighbourhood
?
Appreciation Rank
Hearthstone by the Bay Condos has the highest ROI out of 57 condos in the Mimico neighbourhood
?
Rental Yield
Hearthstone by the Bay Condos yields the highest rent prices out of 57 condos in the Mimico neighbourhood
?
High Demand
Hearthstone by the Bay Condos is the most popular building out of 57 condos in the Mimico neighbourhood
?
Transaction Insights at 3 Marine Parade Drive
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $409,000 | $422,000 | $619,000 - $750,000 | $650,000 |
Avg. Cost Per Sqft | $538 | $538 | $635 | $719 |
Price Range | No Data | $4,200 | No Data | No Data |
Avg. Wait for Unit Availability | 233 Days | 141 Days | 82 Days | 183 Days |
Avg. Wait for Unit Availability | 868 Days | 516 Days | 256 Days | 394 Days |
Ratio of Units in Building | 12% | 27% | 46% | 17% |
Transactions vs Inventory
Total number of units listed and leased in Mimico