Maintenance Fees
Westlake Phase II Condos vs The Mimico Area
$498,0001 bd1 ba1 pk607 sqft
For SaleWestlake Phase II Condos
5.0
2 Days on Strata
$498,000
1 Bed + 1
1 Bath
1 Parking
607 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$591/mth
Taxes:
$2,102 (2024)
Cost Per Sqft:
$820/sqft
Outdoor Space:
Terrace
Locker:
Owned
Exposure:
South East
Possession Date:
Immediately/TBA
Amenities
Party Room
Concierge
Squash Court
Media Room
Indoor Parking
Sauna
Guest Suites
Indoor Pool
Gym
Visitor Parking
Games Room
Rooftop Deck
About this Listing
Excellent Location By Lake Shore! Safe Neighborhood. Unblocked View. Sun Filled All Day Long! Practical Layout. 9ft Ceiling. Well Kept. Cozy, Clean & Spacious. Laminate Floor Throughout, Prim Br W/ Walk-In Closet & Large Window. Modern Family Size Kitchen W/ Granite Counter Top. Large Terrace with Beautiful View. New Interlocking Wood Tiles Throughout the Patio. Direct Access To Metro, Shoppers Drug Mart, TD, LCBO, Famous Restaurants. Steps To TTC, Go Station & Lakeshore. Mins To Highway, CNE, Ontario Place, Downtown Financial District. 24hr Concierge. Great Amenities: Gym, Pool, Game Room, Party Room, Squash Court, Conference Room, Theater, BBQ Terrace, Kids Playroom, Library. Plus Enjoy the Beauty of Nearby Humber Bay Park and Waterfront Trails. Can't Miss!
ExtrasS/S Appliances: Fridge, Stove, Microwave With Fan, B/I Dishwasher. Large Front-Loading Washer & Dryer. Elfs. Window Blinds. ONE PARKING & ONE LOCKER.
homelife new world realty inc.MLS® #W12085373
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
22.97 x 10.66ft
Dining
Laminate, Combined with Living, Open Concept
22.97 x 10.66ft
Kitchen
Laminate, Combined with Dining, Family Size Kitchen
22.97 x 10.66ft
Primary
Laminate, Walk-in Closet, Large Window
10.17 x 9.02ft
Den
Laminate, Open Concept
7.05 x 4.27ft
Buyer's Market
Balanced
Seller's Market
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7/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
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
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 Westlake Phase II Condos
Days on Strata
Units at Westlake Phase II Condos spend an average of
46
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
5.6
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
6th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
16
Units were Sold over the past twelve months
Rented Units
42
Units were Rented over the past twelve months
Best Value Rank
Westlake Phase II Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Westlake Phase II Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Westlake Phase II Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Westlake Phase II Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Westlake Phase II Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $500,000 - $580,000 | $520,000 - $572,000 | $756,000 - $815,000 | $775,000 - $940,000 |
| Avg. Cost Per Sqft | No Data | $1,075 | $967 | $1,087 | $1,085 |
| Price Range | No Data | $2,250 - $2,500 | $2,400 - $2,650 | $1,480 - $3,300 | $2,800 - $3,700 |
| Avg. Wait for Unit Availability | 348 Days | 33 Days | 57 Days | 46 Days | 53 Days |
| Avg. Wait for Unit Availability | 744 Days | 17 Days | 21 Days | 12 Days | 28 Days |
| Ratio of Units in Building | 1% | 32% | 23% | 29% | 17% |
Market Inventory
Total number of units listed and sold in Mimico
