Maintenance Fees
Vita on the Lake vs The Mimico Area
$499,0001 bd1 ba0 pk520 sqft
For SaleVita on the Lake
4.5
8 Days on Strata
$499,000
1 Bed
1 Bath
0 Parking
520 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$347/mth
Taxes:
$1,574 (2024)
Cost Per Sqft:
$960/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North West
Possession Date:
April 30, 2025
Amenities
Indoor Parking
Outdoor Pool
Car Wash
Party Room
Bike Storage
Indoor Pool
Rooftop Deck
Guest Suites
Gym
Concierge
About this Listing
Fall in love with this beautifully finished one-bedroom condo right on Toronto's vibrant lakeshore! Designed for comfort and style, this elegant suite features a bright, open-concept layout with luxury finishes throughout. Enjoy a sleek kitchen with stainless steel appliances, quartz countertops, and generous storage, plus a spacious living area with floor-to-ceiling windows and a walkout to your private balcony with breathtaking views. This sought-after building offers exceptional amenities, including a fully equipped gym, relaxing sauna, indoor pool, and 24-hour concierge service. Step outside and enjoy waterfront strolls, bike paths, and easy access to some of Lakeshores best restaurants and charming cafés. Experience lakeside living at its finest.
homelife/miracle realty ltdMLS® #W12076432
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Family
Walkout To Balcony, Combined with Dining
10.6 x 8.76ft
Kitchen
Stainless Steel Appliances, Backsplash
10.01 x 9.51ft
Dining
Combined with Family
34.78 x 28.74ft
Bedroom
Mirrored Closet, Walkout To Balcony
11.84 x 8.99ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Mimico
Commute Calculator
Loading...
3/10
Walkability
A sight of a grocery store is as rare as a unicorn sighting.
6/10
Transit
You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Mortgage Calculator
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 Vita on the Lake
Days on Strata
Units at Vita on the Lake spend an average of
38
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
4.8
YEARS before being sold againProperty Value
0%
Decrease in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
74
Units were Rented over the past twelve months
Best Value Rank
Vita on the Lake offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Vita on the Lake has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Vita on the Lake yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Vita on the Lake is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Vita on the Lake
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $550,000 - $565,000 | $590,000 - $700,000 | $877,000 - $1,430,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $1,045 | $1,016 | $1,096 | No Data | No Data |
| Price Range | No Data | $2,075 - $2,400 | $2,450 - $3,350 | $2,950 - $4,400 | $3,050 - $4,000 | No Data |
| Avg. Wait for Unit Availability | No Data | 83 Days | 31 Days | 59 Days | 62 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 11 Days | 8 Days | 11 Days | 37 Days | No Data |
| Ratio of Units in Building | 1% | 24% | 41% | 26% | 10% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
