Maintenance Fees
Empire Phoenix Condos vs The Mimico Area
$698,9002 bds2 ba1 pk759 sqft
For SaleEmpire Phoenix Condos
4.0
10 Days on Strata
$698,900
2 Beds
2 Bath
1 Parking
759 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$536/mth
Taxes:
$2,498 (2024)
Cost Per Sqft:
$921/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South West
Possession Date:
To Be Determined
Amenities
Rooftop Deck
Sauna
Games Room
Guest Suites
Party Room
Gym
Visitor Parking
Outdoor Pool
Concierge
About this Listing
Welcome to this bright & spacious 2 bedrooms and 2 bathrooms condo located in the highly desirable Mimico neighborhood. The open-concept layout features high-end finishes, $24k spend on builder upgrades, see the list of upgrades in attachments. Open concept modern kitchen with stainless steel appliances, quartz counters, and a combined living/dining area that leads to a balcony with stunning lake views. The spacious primary bedroom offers a walk-in closet and ensuite bath. Enjoy incredible amenities like an outdoor pool, BBQ area, large gym, sauna, party room, and 24-hour concierge. Located just steps from parks, the lake, trendy restaurants, Grocery Store, cafes, transit, and major highways. Few mins to downtown. This unit offers both convenience and serene beauty. With a parking spot, locker, and a vibrant community, it's the perfect choice for those who desires a blend of city living and scenic tranquility.
century 21 legacy ltd.MLS® #W12076068
Fees & Utilities
Maintenance Fees
Included in Fees
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Walkout To Balcony, Laminate
13.22 x 11.02ft
Dining
Combined with Living, Open Concept, Laminate
13.22 x 11.02ft
Kitchen
Open Concept, Stainless Steel Appliances, Laminate
10.79 x 5.18ft
Primary
3 Piece Ensuite, Walk-in Closet, Laminate
10.5 x 9.78ft
2nd Bedroom
Large Window, Closet, Laminate
10.01 x 8.01ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Mimico
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4/10
Walkability
You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
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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 Empire Phoenix Condos
Days on Strata
Units at Empire Phoenix Condos spend an average of
37
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
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
N/A
Property Value
-1%
Decrease in property value within the past twelve months
Price Ranking
22nd
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
19
Units were Sold over the past twelve months
Rented Units
96
Units were Rented over the past twelve months
Best Value Rank
Empire Phoenix Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
N/A
Appreciation Rank
Empire Phoenix Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
N/A
Rental Yield
Empire Phoenix Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
N/A
High Demand
Empire Phoenix Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
N/A
Market Insights
Transaction Insights at Empire Phoenix Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $535,000 - $589,000 | $530,000 - $540,000 | $670,000 - $768,500 | $690,000 - $742,000 | No Data |
| Avg. Cost Per Sqft | $1,037 | $964 | $867 | $938 | No Data |
| Price Range | $2,200 - $2,600 | $2,275 - $2,750 | $2,450 - $3,750 | $3,000 - $3,750 | $3,500 |
| Avg. Wait for Unit Availability | 26 Days | 50 Days | 36 Days | 87 Days | No Data |
| Avg. Wait for Unit Availability | 6 Days | 12 Days | 8 Days | 22 Days | 945 Days |
| Ratio of Units in Building | 37% | 19% | 35% | 10% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
