Maintenance Fees
Westlake Phase III Condos vs The Mimico Area
$3,1502 bds2 ba1 pk800 sqft
For RentWestlake Phase III Condos
1 Day on Strata
$3,150/mth
2 Beds + 1
2 Bath
1 Parking
800 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
June 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North East
Locker:
Owned
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
Welcome to Westlake Phase 3 at the Mimico Waterfront! This bright and spacious 2+den corner unit offers nearly 800 sq ft with a smart open-concept layout, laminate floors throughout, and a large wraparound balcony. The primary bedroom features a 4-piece ensuite and walk-in closet, while the versatile den is perfect for a home office or guest space. Steps to the lake, TTC, Metro, Starbucks, dining, and minutes to the Gardiner/QEW. Move-in ready!
ExtrasFor tenant use: S/S Fridge, Stove, B/I Dishwasher, B/I Microwave With Hood Fan. Stacked Washer & Dryer, All Elf's. 1 Parking & 1 Locker Included.
rare real estateMLS® #W12062250
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
Heat Pump
Room Dimensions
Kitchen
Laminate, Granite Counter, Stainless Steel Appliances
0 x 0ft
Living
Laminate, Walkout To Balcony
0 x 0ft
Primary
Laminate, Large Closet, Ensuite Bath
0 x 0ft
2nd Bedroom
Laminate, Double Closet, Large Window
0 x 0ft
Dining
Laminate, Combined with Kitchen, Large Window
0 x 0ft
Den
Laminate, Open Concept
0 x 0ft
Bathroom
3 Piece Bath, Ceramic Floor, Porcelain Sink
0 x 0ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
Explore Mimico
Commute Calculator
Loading...
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 leased in Mimico
