Maintenance Fees
Westlake Phase III Condos vs The Mimico Area
For SaleWestlake Phase III Condos
58 Days on Strata
$749,000
2 Beds + 1
2 Bath
1 Parking
769 SQFT
Listing History
2025 - Feb 04
for sale$749,000
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$637/mth
Taxes:
$2,824 (2024)
Cost Per Sqft:
$974/sqft
Locker:
Owned
Outdoor Space:
Terrace
Exposure:
North East
Possession Date:
March 1, 2025
Laundry:
Ensuite
About this Listing
Welcome to Westlake Condos! This Rare Spacious Open Concept Bright Corner Unit With A Beautiful Layout Features 2 Bedrooms With A Spacious Den W/ 2 Full Baths. Enjoy The Summer Months On A Private Large 270 sq ft Terrace & A Separate Balcony. Open Concept Kitchen With Stainless Steel Appliances,Laminate Floors Throughout, Floor to Ceiling Windows, 9Ft Ceilings Throughout, & Much More! Spacious Den Can Be Used As Dining/Office/Extra bedroom. Large Amenities Building Featuring: Indoor Pool,Squash Courts, Party Rooms, Terrace, Yoga Room, Professional Gym, Kids Play Room, Guest Suites, BBQ Station, And Much More! Convenient Location, Steps To The Lake, TTC, Gardiner, QEW, Metro Grocery,Shoppers Drug Mart, LCBO, TD Bank, Scotiabank, Restaurants & Starbucks!
ExtrasStainless Steel: Fridge, Stove, Dishwasher, Rangehood/Microwave. Stacked Front Loading Washer/Dryer. All Electrical Light Fixtures. 1 Parking & 1 Locker
re/max millennium real estateMLS® #W11956400
Features
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
Amenities
Rooftop Deck
Indoor Parking
Guest Suites
Games Room
Visitor Parking
Party Room
BBQs Allowed
Squash Court
Media Room
Bike Storage
Sauna
Concierge
Indoor Pool
Gym Room
Room Dimensions
Living
Large Window, Walkout To Terrace, Open Concept
10.56 x 13.06ft
Kitchen
Stainless Steel Appliances, Backsplash, Modern Kitchen
6.56 x 14.57ft
Primary
3 Piece Ensuite, Walk-in Closet, Large Window
9.65 x 9.42ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Mimico
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 III Condos
Days on Strata
Units at Westlake Phase III Condos spend an average of
34
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
6.6
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
19th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
15
Units were Sold over the past twelve months
Rented Units
56
Units were Rented over the past twelve months
Best Value Rank
Westlake Phase III Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Westlake Phase III Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Westlake Phase III Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Westlake Phase III Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Westlake Phase III Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $517,500 - $572,000 | $540,000 - $592,000 | $650,000 - $930,000 | $780,000 | No Data |
| Avg. Cost Per Sqft | $1,096 | $918 | $1,019 | $987 | No Data |
| Price Range | $2,200 - $2,550 | $2,500 - $2,650 | $2,750 - $3,600 | $2,900 - $3,600 | No Data |
| Avg. Wait for Unit Availability | 38 Days | 55 Days | 56 Days | 56 Days | No Data |
| Avg. Wait for Unit Availability | 15 Days | 28 Days | 16 Days | 23 Days | No Data |
| Ratio of Units in Building | 32% | 20% | 28% | 21% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
