Maintenance Fees
Westlake Phase II Condos vs The Mimico Area
For SaleWestlake Phase II Condos
5.0
31 Days on Strata
$849,000
2 Beds + 1
2 Bath
1 Parking
807 SQFT
Listing History
2025 - Mar 03
for sale$849,000
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$765/mth
Taxes:
$2,747 (2024)
Cost Per Sqft:
$1,052/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North East
Possession Date:
To Be Arranged
Laundry:
Main
About this Listing
Exceptional 807 sqft Westlake II Condo at the coveted Humber Bay Waterfront. Just 1 year new, this sun-filled residence boasts 9' ceilings, two generously sized bedrooms plus a versatile study, and two elegantly designed bathrooms. Step out onto the expansive 111 sqft balcony to take in breathtaking panoramic views of the city skyline, serene lake, and lush park. The condo features beautiful laminate flooring throughout, a sophisticated quartz countertop, and a host of high-end upgrades. Building amenities include a state-of-the-art fitness center, indoor pool, rooftop garden, 24-hour concierge, visitor parking, and more. Perfectly situated, you're just steps away from the park, lake, and streetcar, with quick access to the Gardiner Expressway and QEW. Enjoy the convenience of LCBO, Metro, Shoppers, Starbucks, and TD Bank right downstairs
real one realty inc.MLS® #W11997465
Features
Maintenance Fees
Included
Air Conditioning
Parking
Excluded
Hydro
Heat
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- Heating
- Forced Air
Amenities
Media Room
Rooftop Deck
Indoor Parking
Sauna
Guest Suites
Games Room
Visitor Parking
Concierge
Indoor Pool
Party Room
Gym Room
Squash Court
Room Dimensions
Living
Combined with Dining, Walkout To Balcony, Laminate
19.1 x 14.17ft
Dining
Combined with Kitchen, Open Concept, Laminate
19.1 x 14.17ft
Kitchen
Open Concept, Stainless Steel Appliances, Laminate
12.8 x 10.83ft
Buyer's Market
Balanced
Seller's Market
5.0
Building Spotlight
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Commute Calculator
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.
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
43
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
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
5.6
YEARS before being sold againProperty Value
-12%
Decrease in property value within the past twelve months
Price Ranking
4th
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
54
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 | $520,000 - $580,000 | $520,000 - $572,000 | $756,000 - $815,000 | $775,000 - $940,000 |
| Avg. Cost Per Sqft | No Data | $1,086 | $926 | $1,087 | $1,085 |
| Price Range | $2,000 | $2,250 - $2,600 | $2,400 - $2,650 | $1,480 - $3,300 | $2,800 - $3,700 |
| Avg. Wait for Unit Availability | 348 Days | 32 Days | 56 Days | 45 Days | 53 Days |
| Avg. Wait for Unit Availability | 619 Days | 17 Days | 21 Days | 12 Days | 28 Days |
| Ratio of Units in Building | 1% | 32% | 23% | 30% | 17% |
Market Inventory
Total number of units listed and sold in Mimico
