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    4001 - 2212 Lake Shore Blvd W

    For SaleWestlake Phase III Condos
    $880,000
    2 Beds
    2 Bath
    1 Parking
    809 SQFT
    1 Day on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $644/mth
    Taxes:
    $2,954 (2024)
    Cost Per Sqft:
    $1,088/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    To Be Determined
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to this bright, spacious, sun-drenched corner unit featuring 2 bedrooms and 2bathrooms, including one parking spot and one locker. Enjoy 9-foot ceilings with unobstructed views of Lake Ontario. Conveniently walkable to grocery stores, Shoppers Drug Mart, LCBO, banks, and Starbucks. Just 5 minutes to Mimico GO. and 10 minutes to downtown. This rare find boasts a huge wrap-around balcony with views of the lake and CN Tower. The building offers3,000 sq ft of amenities including an indoor pool, gym, hot tub, sauna, steam room, party room, and more. Explore the nearby bike trails along the lake and immerse yourself in nature.

    re/max expertsMLS® #W10440881


    Amenities

    Party Room
    Visitor Parking
    Gym Room
    Sauna
    Squash Court
    Bike Storage

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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%

    Maintenance Fees

    Westlake Phase III Condos vs The Mimico Area

    Days on Strata

    Units at Westlake Phase III Condos spend an average of
    36
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    18
    Units were Sold over the past twelve months

    Rented Units

    51
    Units were Rented over the past twelve months

    Best Value Rank

    Westlake Phase III Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Westlake Phase III Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Westlake Phase III Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Westlake Phase III Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 2212 Lake Shore Boulevard W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$563,000 - $572,000$580,000 - $652,000$650,000 - $930,000$840,000 - $858,000No Data
    Avg. Cost Per Sqft$1,124$966$1,024$1,136No Data
    Avg. Wait for Unit Availability37 Days54 Days51 Days59 DaysNo Data
    Ratio of Units in Building32%20%29%20%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico