Maintenance Fees
Cove at Waterways Condos vs The Mimico Area
$2,3001 bd1 ba1 pk500 - 599 sqft
For RentCove at Waterways Condos
5 Days on Strata
$2,300/mth
1 Bed
1 Bath
1 Parking
500 - 599 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
West
Locker:
None
Laundry:
Main
Amenities
Visitor Parking
Rec Room
Games Room
Indoor Pool
Guest Suites
Party Room
Gym
Indoor Parking
Concierge
About this Listing
Available for lease to Professionals, Couples, or anyone who wants to enjoy luxury living at the Cove. This 1 Bedroom+1 Bath+1 parking condo with a large Balcony offers beautiful lake views and amenities like a fitness center, indoor pool, sauna, and 24-hour concierge, with easy access to QEW, Gardiner Expressway, Downtown Toronto, and Airports. The TTC streetcar is right outside the building and the condo is within walking distance to Shops, restaurants, Doctors Clinics, and Grocery shopping.
homelife g1 realty inc.MLS® #W12086629
Fees & Utilities
Utilities Included
Rent Includes
Heat
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
17.88 x 10.01ft
Dining
Laminate, Combined with Living, Open Concept
17.88 x 10.01ft
Kitchen
Laminate, Stainless Steel Appliances, Breakfast Bar
8.86 x 8.86ft
Primary
Laminate, Large Closet, Large Window
10.01 x 10.73ft
Den
Laminate, Separate Room, Open Concept
7.87 x 6.89ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
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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.
6/10
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 Cove at Waterways Condos
Days on Strata
Units at Cove at Waterways Condos spend an average of
40
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
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
5.3
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
41
Units were Rented over the past twelve months
Best Value Rank
Cove at Waterways Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Cove at Waterways Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Cove at Waterways Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Cove at Waterways Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Cove at Waterways Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $530,000 - $580,000 | $575,000 - $594,500 | $638,000 | $795,000 - $1,155,000 |
| Avg. Cost Per Sqft | $1,058 | $1,067 | $906 | $1,063 |
| Price Range | $2,000 - $2,700 | $2,350 - $2,700 | $3,300 | $2,950 - $3,800 |
| Avg. Wait for Unit Availability | 55 Days | 74 Days | 321 Days | 96 Days |
| Avg. Wait for Unit Availability | 19 Days | 16 Days | 100 Days | 35 Days |
| Ratio of Units in Building | 33% | 37% | 8% | 24% |
Market Inventory
Total number of units listed and leased in Mimico
