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    606 - 110 Marine Parade Dr

    For SaleRiva Del Lago Condos
    5.0
    $625,000
    1 Bed + 1
    1 Bath
    1 Parking
    628 SQFT
    1 Day on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $597/mth
    Taxes:
    $2,754 (2024)
    Cost Per Sqft:
    $995/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South West
    Possession Date:
    90-120 TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Backsplash, Eat-In Kitchen, Stainless Steel Appliances
    12.66 x 9.58ft
    Living
    Combined with Dining, Laminate, Walkout To Terrace
    12.5 x 10.4ft
    Dining
    Combined with Living, Laminate, Combined with Kitchen
    12.5 x 10.4ft

    About this Listing

    Act now on this gorgeous 1+1 condo apt with a lake view. One of three levels that are allowed a BBQ on its own terrace with gas hookup. Parks, lake, and trails just across the street making it your very own paradise in the city. Complete with an open concept design and an actual Den that you can use as a Den with a modern glass wall and glass door. Cook to your delight in the modern looking kitchen with backsplash, undermounted lighting and lots of storage space. The unit also comes with an updated bathroom(2024), a smart toilette, ensuite laundry as well as a large bedroom including walk-in closet with built in shelving. **EXTRAS** Owner locker beside parking, light fixtures, BBQ(natural gas), bed baseboard (attached to wall), shelving, appliances including dishwasher, stove, fridge, microwave, washer, dryer and smart thermostat.

    ExtrasOwner locker beside parking, light fixtures, BBQ (natural gas), bed baseboard (attached to wall), shelving, appliances including dishwasher, stove, fridge, microwave, washer, dryer and smart thermostat.

    royal lepage meadowtowne realtyMLS® #W12019442


    Amenities

    Gym Room
    Media Room
    BBQs Allowed
    Visitor Parking
    Party Room
    Concierge

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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%

    Maintenance Fees

    Riva Del Lago Condos vs The Mimico Area

    Days on Strata

    Units at Riva Del Lago Condos spend an average of
    38
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    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

    15
    Units were Rented over the past twelve months

    Best Value Rank

    Riva Del Lago Condos offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    Riva Del Lago Condos has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    Riva Del Lago Condos yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    Riva Del Lago Condos is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Transaction Insights at 110 Marine Parade Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$520,000$605,000 - $635,000$740,000 - $747,900$1,330,000 - $1,400,000
    Avg. Cost Per Sqft$831$934$886$1,175
    Avg. Wait for Unit Availability167 Days245 Days82 Days281 Days
    Ratio of Units in Building21%18%42%20%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico