About South Beach Condos And Lofts Ⅱ
South Beach Condos and Lofts II is a 27-storey high-rise in Mimico with 313 units built by Amexon Development Corporation in 2013. The building overlooks Lake Ontario and attracts both owner-occupants and renters seeking waterfront proximity in southwest Toronto. Current listings show units ranging from $499,900 to $509,999 for sale, with rentals averaging $2,600 per month, reflecting steady demand in this established lakeside community.
Mimico sits on Toronto's waterfront, steps from the Lake Ontario shoreline and parks. Transit is strong: the Dundas West streetcar and nearby bus routes connect to the downtown core and subway stations within a short ride. The neighbourhood attracts professionals, families, and renters who value lake access, quieter streets, and relative affordability compared to central Toronto.
Frequently asked questions
What type of building is South Beach Condos and Lofts II?
South Beach Condos and Lofts II is a 27-storey high-rise condominium completed in 2013 and developed by Amexon Development Corporation. With 313 units across multiple floors, it's one of the larger residential buildings in the Mimico waterfront area. The building caters to a mix of owner-occupants and renters, with typical units ranging from one-bedroom to two-bedroom layouts averaging around 625 square feet. As a high-rise built over a decade ago, the building has an established owner community and defined maintenance systems. The mix of unit types and rental activity suggests it appeals to both long-term owners and those seeking flexible rental housing near the lake.
What's the neighbourhood like around South Beach Condos and Lofts II?
Mimico is a lakefront neighbourhood in southwest Toronto bounded by Lake Ontario to the south and characterized by tree-lined residential streets and waterfront parks. The building's location on or near the water provides direct access to green space and a quieter environment than downtown areas. Transit connections are convenient: the Dundas West streetcar runs nearby, and local bus routes link to the broader city network and subway stations. Kipling Avenue and Royal York Road are the main arterial streets serving the area. The neighbourhood has a community-oriented feel with families, young professionals, and retirees all represented. Shops, restaurants, and services cluster along the main streets, while the waterfront itself is pedestrian-friendly for walks and recreation.
What should potential buyers and renters consider about this building?
For buyers, South Beach Condos and Lofts II offers a lakefront location with waterfront views available in many units, though heights and aspect vary across the 27 storeys. Current market activity shows units in the $500k range, so it's worthwhile to review recent sales to understand price trends and comparable values. Renters should note that the building accommodates a stable rental market with average rents around $2,600 per month for furnished or unfurnished units. When evaluating any unit, confirm the square footage, bedroom and bathroom count, and window orientation. Ask about maintenance fees, as high-rises typically carry monthly condo fees that cover building operations, and inquire about any special assessments or upcoming capital repairs. Pet policies and parking availability are also important to confirm, as lakefront buildings sometimes have restrictions. Given the building's age and size, understanding reserve fund status and building management reputation will help inform your decision.