Maintenance Fees
iLofts vs The Mimico Area
$550,0001 bd1 ba1 pk640 sqft
For SaleiLofts
10 Days on Strata
$550,000
1 Bed + 1
1 Bath
1 Parking
640 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$716/mth
Taxes:
$2,110 (2024)
Cost Per Sqft:
$859/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South East
Possession Date:
To Be Arranged
Laundry:
Main
Amenities
Party Room
Concierge
Squash Court
Media Room
Indoor Parking
Sauna
Guest Suites
Gym
Visitor Parking
Games Room
Rooftop Deck
Outdoor Pool
About this Listing
Welcome to Iloft Condo, situated in this Highly Desirable Waterfront Community of Mimico, boasting a Bright & Spacious 1 Bedroom layout with Den, This immaculate 640 Sqft condo offers a Comfortable & Modern living space. Resort Style Living with Outdoor Pool, Landscaped Roof Top Garden, Gym, Squash Courts , Billiards etc. The outdoor spaces ( 2 Balconies) offers your own private retreat to relax facing Stunning Southeast Views of Green Nature, The Lake & The City skyline . Beautifully renovated! New Quartz Kitchen Countertops and new Hardwood floor in the bedroom. New Washer & Dryer machines and New Dishwasher. The Den comes with a wardrobe Mirrored Ikea Pax that is movable . Airbnb friendly building .Short Walk from the Lake , Restaurants, Shopping, Transit. Easy Access To Hwy, TTC..
ExtrasElectrical Light Fixtures, Windows Covering, Fridge, Stove, New Dishwasher, New Washer & Dryer machines , The Den Ikea pax mirrored wardrobe.
re/max millennium real estateMLS® #W12065316
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Open Concept, Laminate, Walkout To Balcony
17.65 x 15.75ft
Dining
Open Concept, Laminate
17.65 x 15.75ft
Kitchen
Stainless Steel Appliances, Centre Island, Laminate
17.65 x 15.75ft
Bedroom
hardwood floor, Walkout To Balcony, Closet
10.66 x 9.51ft
Den
Laminate
8.17 x 7.15ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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.
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
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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%
Building Trends At iLofts
Days on Strata
Units at iLofts spend an average of
56
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
4.4
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
30th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
18
Units were Rented over the past twelve months
Best Value Rank
iLofts offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
iLofts has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
iLofts yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
iLofts is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at iLofts
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $540,000 | $522,000 - $634,000 | $610,000 - $808,000 | $650,000 |
| Avg. Cost Per Sqft | $799 | $833 | $831 | $754 |
| Price Range | $2,100 - $3,000 | $2,450 - $3,100 | $2,100 - $3,400 | $3,000 |
| Avg. Wait for Unit Availability | 34 Days | 30 Days | 65 Days | 299 Days |
| Avg. Wait for Unit Availability | 45 Days | 48 Days | 74 Days | 292 Days |
| Ratio of Units in Building | 37% | 37% | 24% | 5% |
Market Inventory
Total number of units listed and sold in Mimico
