Maintenance Fees
Newport Beach Condos vs The Mimico Area
for sale
80 Days on Strata
- Est Sell Timeframe:
- 22 Days
719 - 2111 Lake Shore Blvd
$818,000
2 Beds
2 Bath
2 Parking
1,075 SQFT
Price History
- Maintenance Fees:
- $1,118/mth
- Taxes:
- $3,386 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $761/sqft
- Outdoor Space:
- Balcony
- Locker:
- Exclusive
- Possession Date:
- TBD
- Exposure:
- East
Amenities
Concierge
Visitor Parking
BBQs Allowed
Gym
Bike Storage
Guest Suites
Party Room
Sauna
Car Wash
Indoor Parking
Amenity details for reference only. Independently verify accuracy.
About this Listing
Welcome to Newport Beach Condos! This well-maintained and freshly painted 2-bedroom, 2- full bath suite offers 1,066 sq.ft. of functional living space with a desirable split-bedroom layout and soaring 9-ft ceilings. Enjoy the bright east exposure with breathtaking views of the park and lake, plus a walk-out to your private balcony where BBQs are permitted. The spacious primary suite features a custom built-in wall closet, an additional wall closet, a closet organizer, and a cube storage shelf for maximum functionality. The second bedroom is ideal for guests or can serve as a comfortable home office. This unit comes complete with stainless steel appliances (fridge, dishwasher, microwave, washer/dryer), all window coverings. Residents at Newport Beach enjoy exclusive amenities including a 24/7 concierge, fully equipped gym, sauna, guest suites, free party room access, unlimited overnight visitor parking, and a strictly residential atmosphere (no Airbnb). Includes 2 underground parking spaces (one owned, one exclusive) + locker. All utilities covered in maintenance fees. Steps to TTC & Gardiner Expressway
royal lepage signature realtyMLS® #W12377079
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 27.89 x 10.83ft
- Dining
- 11.16 x 10.5ft
- Kitchen
- 8.53 x 8.53ft
- Primary
- 20.67 x 10.83ft
- 2nd Bedroom
- 10.5 x 8.86ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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7/10
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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 Newport Beach Condos
Days on Strata
Units at Newport Beach Condos spend an average of
22
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
5.4
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
46th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
5
Units were Sold over the past twelve months
Rented Units
10
Units were Rented over the past twelve months
Best Value Rank
Newport Beach Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Newport Beach Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Newport Beach Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Newport Beach Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Newport Beach Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $552,000 | No Data | $715,000 - $850,000 | No Data | No Data | No Data |
| Avg. Cost Per Sqft | $864 | No Data | $642 | No Data | No Data | No Data |
| Price Range | $2,400 - $2,500 | $2,400 | $3,200 - $4,900 | No Data | No Data | No Data |
| Avg. Wait for Unit Availability | 160 Days | 334 Days | 51 Days | 493 Days | 338 Days | No Data |
| Avg. Wait for Unit Availability | 189 Days | 2176 Days | 65 Days | No Data | 549 Days | No Data |
| Ratio of Units in Building | 18% | 3% | 69% | 3% | 8% | 2% |
Market Inventory
Total number of units listed and sold in Mimico
