For SaleWestlake Phase I CondosEst Sell Timeframe 8 Days
$625,000
1 Bed + 1
1 Bath
1 Parking
556 SQFT
37 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$519/mth
Taxes:
$1,959 (2023)
Cost Per Sqft:
$1,124/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North East
Possession Date:
60/90/TBD
Laundry:
Ensuite
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Laminate
11.48 x 7.55ft
Kitchen
Granite Floor, Stainless Steel Appliances
10.5 x 9.19ft
Bedroom
Laminate, Closet
11.48 x 8.86ft
About this Listing
Prime Location of Toronto West!! Elegant West Lake 1 Bedroom + Den With North Eastern Views Of Toronto * 9' Ceiling * Resort Style Amenities, Pool, Party Room, Gym, Metro, Shoppers Drug Mart, Starbucks In The Complex * Ttc At The Doorstep, 10 Minutes Drive To Downtown And The Airport * Walk To The Lake & Marina Trails * Close To Highway, Right On The Street Car Line * One Parking & One Locker Are Included.
elite capital realty inc.MLS® #W9375181
Amenities
Concierge
Visitor Parking
Party Room
Rooftop Deck
Media Room
Sauna
Explore Neighbourhood
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.
Similar Listings
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%
Price Trends
Maintenance Fees
Westlake Phase I Condos vs The Mimico Area
Building Trends At Westlake Phase I Condos
Days on Strata
Units at Westlake Phase I Condos spend an average of
26
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 57 condos in the Mimico area
Sold Units
11
Units were Sold over the past twelve months
Rented Units
52
Units were Rented over the past twelve months
Best Value Rank
Westlake Phase I Condos offers the best value out of 57 condos in the Mimico neighbourhood
?
Appreciation Rank
Westlake Phase I Condos has the highest ROI out of 57 condos in the Mimico neighbourhood
?
Rental Yield
Westlake Phase I Condos yields the highest rent prices out of 57 condos in the Mimico neighbourhood
?
High Demand
Westlake Phase I Condos is the most popular building out of 57 condos in the Mimico neighbourhood
?
Transaction Insights at 2220 Lake Shore Boulevard W
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $535,000 - $560,000 | $577,000 - $630,000 | $730,000 - $770,000 | No Data | No Data | No Data |
Avg. Cost Per Sqft | $1,037 | $991 | $970 | No Data | No Data | No Data |
Price Range | $2,400 - $2,700 | $2,450 - $2,669 | $2,400 - $3,300 | $3,100 - $3,400 | No Data | No Data |
Avg. Wait for Unit Availability | 54 Days | 24 Days | 34 Days | 79 Days | 337 Days | 538 Days |
Avg. Wait for Unit Availability | 16 Days | 10 Days | 14 Days | 45 Days | 249 Days | No Data |
Ratio of Units in Building | 21% | 39% | 29% | 10% | 2% | 1% |
Transactions vs Inventory
Total number of units listed and sold in Mimico