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    for sale
    75 Days on Strata
    Est Sell Timeframe:
    22 Days
    $649,000
    2 Beds + 1
    2 Bath
    1 Parking
    1,029 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $1,037/mth
    Taxes:
    $3,562 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $631/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    Oct 1
    Exposure:
    South East

    Amenities

    Concierge
    Visitor Parking
    Media Room
    Gym
    Party Room
    Lap Pool
    Games Room
    Rec Room
    Indoor Pool
    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Downsize Without Compromise at Hearthstone by the Bay! Welcome to Suite 401; a thoughtfully designed 2 bed + den & solarium, 2 bath suite, tailored for independent, retirement living. Spanning 1029 sq. ft., this bright and inviting split-bedroom layout, is ideal for both privacy and comfort. Floor-to-ceiling windows showcase south/east exposure that includes partial lake views, while a private balcony, solarium, and office nook provide flexible spaces to relax, work, or entertain. Freshly painted throughout; open concept living and dining areas are filled with natural light, creating a warm and welcoming atmosphere. The primary suite includes its own ensuite bath, while the 2nd bedroom and 2nd full bath can accommodate guests with ease. Unlike typical retirement residences Hearthstone by the Bay is a true condominium community: you own your suite while enjoying the comfort of services tailored to your lifestyle. Here, retirement living is designed to meet you where you are, and grow with you. From an active, independent lifestyle filled with social gatherings, resort-style amenities and waterfront walks in the vibrant community of Humber Bay Shores, to having supportive services available whenever you need them; you can settle in with confidence for today, and tomorrow. Monthly service package ($1923.53 + HST/monthly) includes conveniences like dining & housekeeping credits, wellness and fitness programs, social activities, and a 24-hour on-site nurse for peace of mind. Optional personal care services can be added as desired, allowing you to maintain freedom and confidence while your loved ones know you're comfortable and well supported. Book your tour today and you will not be disappointed!

    ExtrasLocated in the heart of Humber Bay Shores; this community offers the perfect balance of peaceful nature and city life, with scenic waterfront trails and parks just steps away, plus nearby cafés, restaurants and night-life along Lake Shore. Quick connection to downtown, while still feeling like an escape. Residents enjoy access to exceptional amenities: restaurant-style dining room, movie theatre, pub, billiards, fitness centre, indoor therapeutic pool, hair/nail salon, library, and outdoor terrace. Just steps from the waterfront trail, Humber Bay Parks, transit, and local conveniences, this is retirement living at its finest! Includes: Fridge, Stove, Microwave, Dishwasher, Washer, Dryer, 1 (one) locker, 1 (one) parking, any existing window coverings and light fixtures.

    sutton group elite realty inc.MLS® #W12389431

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Foyer
    9.97 x 3.94ft
    Ceramic Floor, Mirrored Closet, Double Closet
    Kitchen
    9.06 x 7.68ft
    Ceramic Floor, Breakfast Bar, Backsplash
    Living
    21.98 x 10.27ft
    hardwood floor, Open Concept, Windows Floor to Ceiling
    Dining
    21.98 x 10.27ft
    hardwood floor, Combined with Living, Walkout To Balcony
    Den
    5.64 x 6.73ft
    hardwood floor, Combined with Living
    Primary
    13.71 x 9.97ft
    4 Piece Ensuite, Walk-in Closet, Windows Floor to Ceiling
    2nd Bedroom
    12.53 x 8.83ft
    Double Closet, Walkout To Sunroom, Laminate
    Sunroom
    6.5 x 9.68ft
    Windows Floor to Ceiling, Carpet, Laminate

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Explore Mimico

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    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.

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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
    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%


    Days on Strata

    Units at Hearthstone by the Bay Condos spend an average of
    35
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    47th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Hearthstone by the Bay Condos offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    Hearthstone by the Bay Condos has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    Hearthstone by the Bay Condos yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    Hearthstone by the Bay Condos is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Market Insights

    Transaction Insights at Hearthstone by the Bay Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$253,000 - $785,000$412,500 - $448,000$425,000 - $669,000$789,900 - $811,000
    Avg. Cost Per Sqft$514$579$654$700
    Avg. Wait for Unit Availability243 Days136 Days90 Days142 Days
    Ratio of Units in Building14%26%42%20%

    Market Inventory

    Total number of units listed and sold in Mimico