Maintenance Fees
Westlake Phase I Condos vs The Mimico Area
For SaleWestlake Phase I Condos
20 Days on Strata
$779,900
Price Cut: $820,000
Price Cut: $820,000
2 Beds + 1
2 Bath
1 Parking
868 SQFT
Listing History
2025 - Mar 14
for sale$779,900
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$747/mth
Taxes:
$2,840 (2024)
Cost Per Sqft:
$899/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
West
Possession Date:
To Be Determined
About this Listing
Discover a spacious and rarely offered 2 bedroom + 1 and an oversized den at Westlake Condos, nestled in the vibrant Mimico-Humber Bay Shores community. This serene suite backs onto a quiet green space, offering a perfect blend of tranquility and urban convenience. Enjoy a bright, open-concept layout with floor-to-ceiling windows, a modern kitchen with quartz countertops and stainless steel appliances, and a private balcony with lush views. Steps from Metro, Shoppers Drug Mart, Starbucks, LCBO, and top dining spots, with easy access to TTC, highways, and the future Park Lawn GO Station. Resort-style amenities include a fitness center, indoor pool, sauna, rooftop terrace, and more. Rentals are allowed, making it a great investment opportunity, and pets are welcome, ensuring a pet-friendly community.
ExtrasS/S Fridge & Stove, Dishwasher, B/I Microwave, Washer/Dryer. One Parking And One Locker. Buyer And Buyer Agent To Verify Measurements
royal canadian realtyMLS® #W12021093
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
Sauna
Concierge
Indoor Pool
Gym Room
Room Dimensions
Living
O/Looks Ravine, Open Concept, Walkout To Balcony
11.29 x 11.29ft
Dining
Laminate, Combined with Kitchen, Eat-In Kitchen
15.29 x 11.29ft
Kitchen
Combined with Dining, Stainless Steel Appliances, Granite Counter
15.29 x 11.29ft
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 I Condos
Days on Strata
Units at Westlake Phase I Condos spend an average of
39
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
6
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
11th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
54
Units were Rented over the past twelve months
Best Value Rank
Westlake Phase I Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Westlake Phase I Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Westlake Phase I Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Westlake Phase I Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Westlake Phase I Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $560,000 | $563,000 - $650,000 | $720,000 - $770,000 | $810,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,072 | $1,034 | $959 | $903 | No Data | No Data |
| Price Range | $2,275 - $2,500 | $2,400 - $2,669 | $2,400 - $3,250 | $3,100 - $3,400 | No Data | No Data |
| Avg. Wait for Unit Availability | 50 Days | 26 Days | 35 Days | 87 Days | 337 Days | 538 Days |
| Avg. Wait for Unit Availability | 17 Days | 11 Days | 16 Days | 49 Days | 293 Days | No Data |
| Ratio of Units in Building | 23% | 38% | 28% | 10% | 2% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
