Maintenance Fees
Hearthstone by the Bay Condos vs The Mimico Area
$445,0001 bd1 ba1 pk734 sqft
For SaleHearthstone by the Bay Condos
97 Days on Strata
$445,000
1 Bed + 1
1 Bath
1 Parking
734 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$742/mth
Taxes:
$2,506 (2024)
Cost Per Sqft:
$606/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North
Possession Date:
To Be Determined
Laundry:
Ensuite
Amenities
Lap Pool
Indoor Pool
Indoor Parking
Rooftop Deck
Gym
Games Room
Media Room
Visitor Parking
Concierge
Security System
Rec Room
Party Room
About this Listing
Experience The Pinnacle Of Retirement Living! Lovingly Maintained & Renovated 1 Bedroom +Den/Sunroom Condo At Hearthstone By The Bay Seniors Community! Enjoy A Spacious Penthouse Unit With An Open Concept Design, Very Functional Layout, Floor-To-Ceiling Windows, Elegant Crown Moulding, And A Generously Sized Open Kitchen/Living Area, A Well-Sized Bedroom W/ A Walkout To The Sunroom, And A Pristine 3 Pc Bathroom. This Unit Offers Complete Comfort And Style And Is A Perfect Fit For Seniors Starting Their Next Chapter. Live With The Luxury Of Condo Ownership Within An Exceptional Retirement Community, Complete With An Array Of Tailored Services Catering To Seniors. Enjoy Services Like 4 Hours of Housekeeping, $277.50 Dining Credit/Dining At The On-Site Restaurant, Access To Nurse 24 Hours Per Day/Round-The-Clock, A Convenient Shuttle Bus, Fitness Classes, Emergency Call System And Much More! **EXTRAS** Mandatory Club Fee: $1923.53 Hst Per Month. See Attached for List of What is Included. Additional Amenities Incl: Movie Theatre, Hair Salon, Pub, Billiards Area, Outdoor Terrace. Note: $265.06+hst Extra Per Month for Second Occupant.
ExtrasFridge, Stove, Dishwasher, Microwave, Washer & Dryer, All Electric Light Fixtures, All Window Coverings. 1 Parking Spot, 1 Locker.
keller williams real estate associates, larose teamMLS® #W11915991
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Electric
Heating
Heat Pump
Room Dimensions
Living
Laminate, Open Concept, Crown Moulding
13.12 x 12.14ft
Dining
Laminate, Open Concept, Crown Moulding
13.12 x 12.14ft
Kitchen
Stainless Steel Appliances, Granite Counter, Backsplash
11.48 x 7.87ft
Bedroom
Carpet, Closet, Window
15.09 x 10.17ft
Sunroom
Tile Floor, Windows Floor to Ceiling, North View
11.16 x 6.23ft
Buyer's Market
Balanced
Seller's Market
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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.
7/10
Bikeability
The bike lane starts to feel like a second home.
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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 Hearthstone by the Bay Condos
Days on Strata
Units at Hearthstone by the Bay Condos spend an average of
27
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
7
YEARS before being sold againProperty Value
1%
Increase in property value within the past twelve months
Price Ranking
48th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
10
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 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Hearthstone by the Bay Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Hearthstone by the Bay Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Hearthstone by the Bay Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Hearthstone by the Bay Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $785,000 | $409,000 - $422,000 | $425,000 - $750,000 | No Data |
| Avg. Cost Per Sqft | $607 | $551 | $635 | No Data |
| Price Range | No Data | $4,200 - $4,300 | No Data | No Data |
| Avg. Wait for Unit Availability | 247 Days | 133 Days | 86 Days | 119 Days |
| Avg. Wait for Unit Availability | 579 Days | 590 Days | 298 Days | 768 Days |
| Ratio of Units in Building | 15% | 25% | 43% | 18% |
Market Inventory
Total number of units listed and sold in Mimico
