Maintenance Fees
Westlake Phase II Condos vs The Mimico Area
$928,8002 bds2 ba1 pk852 sqft
For SaleWestlake Phase II Condos
5.0
89 Days on Strata
$928,800
2 Beds + 1
2 Bath
1 Parking
852 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$830/mth
Taxes:
$2,978 (2024)
Cost Per Sqft:
$1,090/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South East
Possession Date:
60 days / TBA
Laundry:
Ensuite
Amenities
Indoor Pool
Media Room
Rooftop Deck
Squash Court
Guest Suites
Sauna
Gym Room
Visitor Parking
Indoor Parking
Games Room
Party Room
Concierge
About this Listing
Experience Luxury Lakeside living in this Stunning Corner unit at Westlake Phase II! Boasting breathtaking panoramic lake views, this meticulously designed condo features a massive wrap-around balcony, perfect for relaxing or entertaining. With a spacious layout, 2 bedrooms, a den, and a large open-concept living, dining, and kitchen area, this unit is a dream come true. Enjoy the elegance of 9' high ceilings, modern finishes, and natural light flooding every corner. Included are one parking spot and a locker for added convenience. Ideally located, you're steps away from the lake, lush parks, trendy restaurants, Metro Supermarket, Shoppers Drug Mart, banks, and TTC transit. Quick access to the Gardiner Expressway ensures an easy commute. Residents benefit from world-class amenities, including a fully equipped gym, indoor pool, rooftop deck, and 24-hour concierge. Additional perks include BBQ areas, a party room, yoga studio, massage room, theatre, billiards, dining room and lounge, guest suites, hot tub, sauna, spa, meeting room, and more. Situated on a high floor with a sought-after southeast exposure, this unit offers a lifestyle of unparalleled comfort and prestige. Step into the vibrant Westlake community and elevate your living experience. Don't miss this exceptional opportunity to be on a Sun-filled High Floor Unit in this fabulous community. Your dream home awaits! **EXTRAS** Stainless Steel Appliances: Fridge, Stove, Built-in Microwave; Washer, Dryer; All electric Light Fixtures ( not belonging to tenants ); All Existing Window Coverings
ExtrasNone
royal lepage terrequity tck fine homes realtyMLS® #W11909068
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room Dimensions
Living
Laminate, Walkout To Terrace, Overlooks Water
16.08 x 13.29ft
Dining
Laminate, Walkout To Terrace, Overlooks Water
10.17 x 9.68ft
Kitchen
Laminate, Walkout To Terrace, Overlooks Water
10.17 x 9.68ft
Primary
Laminate, Walk-in Closet, 4 Piece Bath
11.98 x 10.2ft
2nd Bedroom
Laminate, 4 Piece Ensuite, Walk-in Closet
11.35 x 9.02ft
Den
Laminate
7.51 x 5.94ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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 II Condos
Days on Strata
Units at Westlake Phase II Condos spend an average of
45
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
5.7
YEARS before being sold againProperty Value
-12%
Decrease in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
17
Units were Sold over the past twelve months
Rented Units
53
Units were Rented over the past twelve months
Best Value Rank
Westlake Phase II Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Westlake Phase II Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Westlake Phase II Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Westlake Phase II Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Westlake Phase II Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $500,000 - $580,000 | $520,000 - $572,000 | $756,000 - $815,000 | $775,000 - $940,000 |
| Avg. Cost Per Sqft | No Data | $1,073 | $926 | $1,087 | $1,085 |
| Price Range | $2,000 | $2,250 - $2,600 | $2,400 - $2,650 | $1,480 - $3,300 | $2,800 - $3,700 |
| Avg. Wait for Unit Availability | 348 Days | 33 Days | 56 Days | 45 Days | 53 Days |
| Avg. Wait for Unit Availability | 619 Days | 17 Days | 21 Days | 12 Days | 28 Days |
| Ratio of Units in Building | 1% | 32% | 23% | 30% | 17% |
Market Inventory
Total number of units listed and sold in Mimico
