Maintenance Fees
Westlake Phase III Condos vs The Mimico Area
For SaleWestlake Phase III Condos
40 Days on Strata
$498,000
Price Cut: $560,000
Price Cut: $560,000
1 Bed
1 Bath
1 Parking
509 SQFT
Listing History
2025 - Feb 22
for sale$498,000
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$440/mth
Taxes:
$1,901 (2024)
Cost Per Sqft:
$978/sqft
Locker:
Exclusive
Outdoor Space:
Balcony
Exposure:
West
Possession Date:
60/90
Laundry:
Main
About this Listing
Stunning Unit With Waterfront, Lake Views! This Luxurious One Bedroom Suite Features 9' Ceilings, Floor To Ceiling Windows, Modern Kitchen with Granite Throughout, Full Sized S/S Appliances, *** 1Parking & 1 Locker *** Open Concept Living, Engineered Hardwood Flooring. Located In The Heart Of Westlake Village, Transit, Metro, Td Bank, Shoppers, Lcbo & Starbucks At Door Steps, Walk To The Lake, Water front, Mimico Trails, Mins To Qew And Downtown And Airport. Extras: Direct Access To 30,000Sf Of ClubAmenities. 24 Hr Concierge, Indoor Pool, Gym, Party Room, Rooftop Patio, Theatre, And More!
ExtrasS.S. Fridge, Stove, Dishwasher, Microwave, Washer & Dryer. Quartz Counters, Soaker Tub Great Amenities - Indoor Pool, Sauna, Gym, 24 Hrs Concierge. Walking Distance To Lake Ontario, Parks. Steps To Ttc. Short Distance To Downtown
search realtyMLS® #W11984042
Features
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- 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
Laminate, Walk-Out
0 x 0ft
Kitchen
Laminate, Stainless Steel Appliances, Granite Counter
0 x 0ft
Primary
0 x 0ft
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
