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    110 Marine Parade Drive

    Riva Del Lago Condos
    1for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    155
    Condo Completion:
    2018
    Condo Demand:
    Medium
    Unit Size Range:
    507 - 1,361 SQFT
    Unit Availability:
    Low

    Listing History for Riva Del Lago Condos

    Receive listing updates for Mimico

    Amenities

    Concierge
    Car Wash
    BBQs Allowed
    Indoor Parking
    Indoor Pool
    Party Room

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Excluded
    Hydro
    Water

    About 110 Marine Parade DriveRiva Del Lago Condos

    Riva Del Lago Condos is a Toronto condo located at 110 Marine Parade Drive in the Mimico neighbourhood. The condo was completed in 2018 and features 155 units over 16 storeys. Toronto condo for sale here range from 507 square feet, up to 1361 square feet.

    Maintenance fees are $0.78 per-square-foot, which is lower than the neighbourhood average of $0.83 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 110 Marine Parade Drive is $967, based on the past 12 months of sales, and units tend to sell within 38 days of being listed. 14 units have been rented in the previous 12 months, and 7 units have been sold. Suites often sell for -2.75% below the listing price and have a medium chance of receiving multiple offers.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from Chiang Mai Thai Kitchen, Mero's Hot Chicken and Bento Sushi, making it easy to dazzle your taste buds without much effort. You’ll only have to walk 5 minutes to pick-up a coffee before heading out for your day at Avenue Cafe and Bistro, Starbucks and Tim Hortons.

    Grocery pick-ups are made easy thanks to Metro, Rabba Fine Foods and Sobeys Queensway within a 13-minute walk.

    Riva Del Lago Condos is a great choice for residents who are money conscious — with banks like BMO Bank of Montreal and Scotiabank nearby.

    Having Butterfly Garden, Mimico Creek and Flora Voisey Park within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Those who love to shop will appreciate all the options nearby with Rockwood plaza, Westlake Village and Loulou just 9 minutes from here.

    Art and culture seekers can enjoy amazing attractions nearby like Studio Connect (Painting Studio / Art Gallery), Norman Felix Gallery Administrative Office and Artistic Impressions Canada Inc, less than 17 minutes walking distance from here.

    Riva Del Lago Condos is a short drive away from Park Lawn Junior Middle School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Karen Kain School of the Arts can be reached by car in under 4 minutes.

    Transportation

    Transit users aren’t far from a light transit stop at Opposite 88 Park Lawn Rd. Jane is about a 7-minute drive from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 39 Annie Craig Drive, 2183 Lake Shore Boulevard W and 65 Annie Craig Drive.

    Reviews for Riva Del Lago Condos

    C. Reed
    December 13 2024
    Owner
    5 out of 5
    Wonderful building supported by an exceptional team. Proud to call it home
    1

    Listings For Sale

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    2

    Listings For Rent

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    Explore Mimico

    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 condos

    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
    3%
    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

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    Riva Del Lago Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Riva Del Lago Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Riva Del Lago Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Riva Del Lago Condos is the
    ?
    most popular building out of 57 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 Availability203 Days239 Days82 Days281 Days
    Ratio of Units in Building20%19%42%20%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mimico