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    1512 - 88 Park Lawn Rd

    For SaleSouth Beach Condos
    $738,800
    2 Beds
    2 Bath
    1 Parking
    700 - 799 SQFT
    40 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $674/mth
    Taxes:
    $2,847 (2024)
    Cost Per Sqft:
    $925 - $1,055/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    January 15, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Open Concept, Laminate, Combined with Dining
    9.78 x 9.19ft
    Dining
    Laminate, North View, Combined with Living
    8.86 x 8.5ft
    Kitchen
    Eat-In Kitchen, Centre Island, O/Looks Ravine
    10.76 x 10.76ft

    About this Listing

    Welcome to the Colony Suite, a stunning 2-bedroom unit at the luxurious South Beach Condos. Offering lifetime unobstructed views and breathtaking evening sunsets, this spacious suite is filled with upgrades, including a drop ceilings with potlights. The open-concept layout, complemented by large windows, floods the space with natural light and showcases captivating city or lake views. Freshly painted and move in ready, this unit combines contemporary design with high-end finishes and appliances. South beach Condos is renowned for its 5-star amenities, featuring resort style indoor and outdoor pools, a spa, fitness center, and more. The lavish lobby will impress your guests upon entry. Situated steps from the lake, parks, trails, TTC, grocery stores, and restaurants, with only a 20 minute drive to downtown Toronto, this is the perfect location to call home.

    re/max premier inc.MLS® #W9398050


    Amenities

    Indoor Pool
    Gym Room
    Sauna
    Squash Court
    Party Room
    Visitor Parking

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    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%

    Maintenance Fees

    South Beach Condos vs The Mimico Area

    Days on Strata

    Units at South Beach Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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
    5.3
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    26
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 88 Parklawn Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$501,500 - $525,000$622,000 - $635,000$670,000 - $789,000$985,000 - $1,025,000No DataNo Data
    Avg. Cost Per Sqft$1,004$1,001$997$1,020No DataNo Data
    Avg. Wait for Unit Availability112 Days63 Days92 Days23 Days573 Days218 Days
    Ratio of Units in Building14%20%15%45%2%6%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico