Maintenance Fees
Westlake Phase III Condos vs The Mimico Area
$758,8882 bds2 ba1 pk740 sqft
For SaleWestlake Phase III Condos
4 Days on Strata
$758,888
2 Beds
2 Bath
1 Parking
740 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$601/mth
Taxes:
$2,575 (2024)
Cost Per Sqft:
$1,026/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North West
Possession Date:
June 1, 2025
Laundry:
Main
Amenities
BBQs Allowed
Rooftop Deck
Squash Court
Guest Suites
Sauna
Visitor Parking
Party Room
Concierge
Bike Storage
Indoor Pool
Media Room
Gym Room
Indoor Parking
Games Room
About this Listing
Newly Renovated Northwest Corner Unit! Spacious & Bright W/ Partial View Of The Lake, While Backing Onto Serene Mimico Creek. Enjoy A Full Wrap Around Balcony. Recently Renovated Kitchen, Toilets, Freshly Painted Wtc. New Custom Window Coverings, Newer Stove (2023). Bike Or Walk Along Lake Ontario, While Also Enjoying Restaurants And Shops Nearby. Conveniently Located Amenities Right At Your Door Stop (Shoppers, Metro, LCBO etc) 1 Parking & 1 Locker.
ExtrasStainless Steel Appliances (Fridge, Stove, Dishwasher, Microwave), Washer and Dryer, ELF'S, Window Coverings
re/max west realty inc.MLS® #W12053099
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Kitchen
Quartz Counter, Breakfast Bar, Stainless Steel Appliances
6.63 x 11.84ft
Living
Walkout To Balcony, Windows Floor to Ceiling, Combined with Dining
10.6 x 11.84ft
Dining
O/Looks Ravine, Laminate, Combined with Living
10.6 x 11.84ft
Primary
4 Piece Ensuite, Large Window, Walk-in Closet
10.66 x 9.19ft
2nd Bedroom
Large Window, Closet, Laminate
12.34 x 8.43ft
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 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
-3%
Decrease in property value within the past twelve months
Price Ranking
20th
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
