Maintenance Fees
Westlake Encore Condos vs The Mimico Area
$3,2002 bds2 ba1 pk873 sqft
For RentWestlake Encore Condos
38 Days on Strata
$3,200/mth
2 Beds
2 Bath
1 Parking
873 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South West
Locker:
Owned
Amenities
Car Wash
Guest Suites
Concierge
Squash Court
Party Room
Media Room
Outdoor Pool
Rooftop Deck
Gym Room
Visitor Parking
About this Listing
**End Unit** waterfront living at its finest. Enjoy the sunrise, beautiful lake view, sunset and views of downtown. Very close to the Gardiner expressway, QEW, Hwy 427, Mimico Go Station, airport, and steps to the lake. Steps to banks, grocery store, restaurants, lcbo, shoppers drug mart and much more.
ExtrasStainless steel appliances (fridge, microwave, stove, d/w) washer/dryer, parking and locker.
forest hill real estate inc.MLS® #W11992584
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Fan Coil
Room Dimensions
Kitchen
Stainless Steel Appliances, Open Concept, Combined with Living
0 x 0ft
2nd Bedroom
Wood Floor, Large Closet, Large Window
0 x 0ft
Primary
Wood Floor, Walk-in Closet, Walkout To Balcony
0 x 0ft
Laundry
0 x 0ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
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7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
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 Encore Condos
Days on Strata
Units at Westlake Encore Condos spend an average of
29
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
6%
above
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
5.7
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
17th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
23
Units were Sold over the past twelve months
Rented Units
70
Units were Rented over the past twelve months
Best Value Rank
Westlake Encore Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Westlake Encore Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Westlake Encore Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Westlake Encore Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Westlake Encore Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|---|
| Price Range | No Data | $550,000 - $600,000 | $538,000 - $639,000 | $615,000 - $829,000 | $750,000 - $880,000 | No Data |
| Avg. Cost Per Sqft | No Data | $1,097 | $1,005 | $837 | $907 | No Data |
| Price Range | $2,000 | $2,250 - $2,600 | $2,400 - $2,900 | $2,800 - $3,487 | $2,999 - $3,300 | No Data |
| Avg. Wait for Unit Availability | No Data | 25 Days | 34 Days | 44 Days | 37 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 18 Days | 19 Days | 18 Days | 45 Days | No Data |
| Ratio of Units in Building | 1% | 29% | 26% | 27% | 19% | 1% |
Market Inventory
Total number of units listed and leased in Mimico
