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    516 - 2220 Lake Shore Blvd W

    $520,0001 bd1 ba1 pk513 sqft
    2 Days on Strata
    Est Sell Timeframe:
    18 Days
    $520,000
    1 Bed
    1 Bath
    1 Parking
    513 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $474/mth

    Taxes:

    $2,070 (2025)

    Cost Per Sqft:

    $1,014/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South West

    Possession Date:

    Flexible

    Amenities

    BBQs Allowed
    Rooftop Deck
    Squash Court
    Guest Suites
    Sauna
    Visitor Parking
    Party Room
    Concierge
    Indoor Pool
    Media Room
    Gym Room
    Indoor Parking
    Games Room

    About this Listing

    Welcome to this inviting 1-bedroom condo, where nature and modern living beautifully come together. Nestled in a vibrant and desirable waterfront community, this home offers a tranquil, west-facing view of a lush, forested river, providing the perfect escape from the hustle and bustle of city life. As you enter, the open-concept layout welcomes you with an abundance of natural light and a sense of spaciousness. The large windows frame the peaceful, serene view of the river and its surrounding greenery, creating a calming atmosphere throughout the entire living space. Picture yourself enjoying quiet moments on your balcony while the sun sets over the trees this is a rare opportunity to experience nature right from your home. The kitchen is fully equipped with stainless steel appliances, sleek cabinetry, and ample counter space for both cooking and entertaining. The living and dining areas flow effortlessly, offering plenty of space for relaxation and socializing. The generously sized bedroom serves as a peaceful retreat, featuring large windows with that same captivating river view. With ample closet space and a well-designed layout, its the perfect place to unwind after a busy day. The unit is complemented by a beautifully updated 4-piece bathroom with modern finishes, as well as the convenience of an owned parking space and locker included! This building boasts 3000 Sq Ft of luxurious amenities, including a fitness centre, indoor pool, sauna, 24-hour concierge, Spa, 2 Party rooms, Yoga room, Games room, Rooftop patio with BBQ area, Guest suites, Theatre, library, Squash court, giving you everything you need for a convenient and elevated lifestyle. Located steps from the waterfront, parks, and public transit, you're in a prime position to enjoy both nature and urban convenience.Whether you're a first-time buyer or searching for a peaceful retreat close to the city, this 1-bedroom condo offers the ideal blend of comfort, style, and convenience.

    ExtrasAll Existing Appliances: S/S Oven, Fridge, Dishwasher, and Microwave/ Range. Front Load Washer & Dryer, All Elfs, & Custom Blinds. 1 Parking & 1 Storage Locker.

    property.ca inc.MLS® #W12060678

    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

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Windows Floor to Ceiling, Laminate, Walkout To Balcony

    21.69 x 11.52ft

    Dining

    Combined with Kitchen, Laminate, Mirrored Walls

    21.69 x 11.52ft

    Kitchen

    Quartz Counter, Laminate, Stainless Steel Appliances

    21.69 x 11.52ft

    Bedroom

    Large Window, Laminate, Mirrored Closet

    11.35 x 8.86ft

    Bathroom

    4 Piece Bath, Ceramic Floor

    5.97 x 5.09ft

    Laundry

    Separate Room, Tile Floor

    3.61 x 3.45ft

    Foyer

    Closet, Laminate

    6.07 x 3.97ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Mimico


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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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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%


    Days on Strata

    Units at Westlake Phase I Condos spend an average of
    39
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    51
    Units were Rented over the past twelve months

    Best Value Rank

    Westlake Phase I Condos offers the
    ?
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    Westlake Phase I Condos has the
    ?
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    Westlake Phase I Condos yields the
    ?
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    Westlake Phase I Condos is the
    ?
    most popular building out of 62 condos in the Mimico neighbourhood

    Market Insights

    Transaction Insights at Westlake Phase I Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$560,000$563,000 - $650,000$720,000 - $770,000$810,000No DataNo Data
    Avg. Cost Per Sqft$1,072$1,034$959$903No DataNo Data
    Avg. Wait for Unit Availability50 Days26 Days35 Days87 Days337 Days538 Days
    Ratio of Units in Building23%38%28%10%2%1%

    Market Inventory

    Total number of units listed and sold in Mimico


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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