Maintenance Fees
Westlake Phase III Condos vs The Mimico Area
$2,4001 bd1 ba1 pk540 sqft
For RentWestlake Phase III Condos
5 Days on Strata
$2,400/mth
1 Bed
1 Bath
1 Parking
540 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:
South West
Locker:
Owned
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
Lake & City View! West Lake 3. Luxury 1 Bdrm With South/West Views. 1 Parking & 1 Locker included. 9 Ft Ceiling, Floor To Ceiling Windows And Huge Balcony. Modern Kitchen with Granite Countertop, Full Sized S/S Appliances, Open Concept Living, Engineered Hardwood Flooring. Five Star 30,000Sf Of Club Amenities- 24Hr Concierge, Gym, Indoor Pool With Hot Tub, Party Room, Private Theater Room, Yoga Studio, Sports Lounge! Steps To TTC, Beach, Mimico Trails, Metro ,Shoppers, LCBO, Banks. Close To Highway, 15 Minutes To Downtown.
ExtrasFridge, Stove, B/I Dishwasher, B/I Microwave, Washer/Dryer, All Elf's, Window Coverings. One Parking And One Locker Included.
homelife new world realty inc.MLS® #W12051396
Fees & Utilities
Utilities Included
Rent Includes
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
19.69 x 12.47ft
Kitchen
Laminate, Combined with Living, Built-in Appliances
19.69 x 12.47ft
Primary
Laminate, Closet
12.63 x 11.48ft
Bathroom
4 Piece Bath, Granite Sink
8.2 x 7.55ft
Renter's Market
Balanced
Landlord'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 leased in Mimico
