Maintenance Fees
Waterford Towers Condos vs The Mimico Area
for sale
47 Days on Strata
- Est Sell Timeframe:
- 22 Days
401 - 2087 Lake Shore Blvd W
$625,000
2 Beds
2 Bath
1 Parking
745 SQFT
Price History
- Maintenance Fees:
- $1,008/mth
- Taxes:
- $2,519 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $839/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Dec 1
- Exposure:
- North East
Amenities
BBQs Allowed
Concierge
Guest Suites
Indoor Pool
Party Room
Rooftop Deck
About this Listing
Welcome to this bright and spacious 2-bedroom, 2-bathroom corner unit offering spectacular city and lake views! This carpet-free condominium is designed for both comfort and style, perfect for professionals, couples, or small families. Bright Corner Unit Floor-to-ceiling windows fill the space with natural light, Open-Concept Layout Seamlessly combines living, dining, and kitchen areas. Two Full Bathrooms Ideal for privacy and convenience Carpet-Free Home Stylish and easy-to-maintain flooring throughout. Private Balcony Enjoy your morning coffee or evening sunsets with a view. ? Unbeatable Location: Quick access to the Gardiner Expressway minutes to downtown Toronto, Steps to public transit and a short walk to the Lake Ontario waterfront, Mimico GO Station coming soon just a stones throw away, making commuting even easier, Close to parks, schools, restaurants, shopping, and all amenities. This condo combines urban convenience with scenic tranquility the perfect place to call home. Building features gym, concierge, guest suites, recreation room, BBQ's allowed.
ExtrasS/S Fridge, Stove, Dishwasher, Microwave, Washer/Dryer All Electric Light Fixtures andWindow Coverings.
re/max real estate centre inc.MLS® #W12446300
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Electric
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 15.58 x 10.93ft
- hardwood floor, Walkout To Balcony, Open Concept
- Dining
- 15.58 x 10.93ft
- hardwood floor, Combined with Living, Open Concept
- Kitchen
- 8.99 x 8.01ft
- Ceramic Floor, Stainless Steel Appliances, Granite Counter
- Primary
- 11.35 x 10.17ft
- 4 Piece Ensuite, hardwood floor, Windows Floor to Ceiling
- 2nd Bedroom
- 10.24 x 9.09ft
- hardwood floor, North View, Large Window
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Map
6/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
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.
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 Waterford Towers Condos
Days on Strata
Units at Waterford Towers Condos spend an average of
40
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 an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
5.2
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
10th
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
12
Units were Rented over the past twelve months
Best Value Rank
Waterford Towers Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Waterford Towers Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Waterford Towers Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Waterford Towers Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Waterford Towers Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $465,000 - $600,000 | $624,000 | $635,900 - $850,000 | $1,515,000 - $2,793,000 | No Data | No Data |
| Avg. Cost Per Sqft | $794 | $921 | $749 | $1,158 | No Data | No Data |
| Price Range | $2,300 - $2,650 | $2,650 | $2,900 - $3,500 | No Data | $23,000 | No Data |
| Avg. Wait for Unit Availability | 75 Days | 149 Days | 63 Days | 173 Days | 713 Days | 1074 Days |
| Avg. Wait for Unit Availability | 67 Days | 221 Days | 87 Days | 170 Days | 647 Days | 1592 Days |
| Ratio of Units in Building | 20% | 11% | 21% | 9% | 3% | 2% |
Market Inventory
Total number of units listed and sold in Mimico
