Maintenance Fees
Westlake Phase I Condos vs The Mimico Area
$3,1502 bds2 ba1 pk816 sqft
For RentWestlake Phase I Condos
3 Days on Strata
$3,150/mth
2 Beds
2 Bath
1 Parking
816 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 15, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North East
Locker:
Owned
Laundry:
Main
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
Bright Spacious Two Bedroom, Two Full Washroom Luxury Boutique Corner Unit W/ Lots Of Sunlight! 9' Ceiling! Open Concept Kitchen With Quartz Countertop! Large Balcony W/ Creek&Lake Views! One Parking & Locker Included. Located In Rapidly Developing Neighbourhood. Approximately 30,000 Sqf Luxury Amenities Including Indoor Pool, Outdoor Lounge, Bbq, Theatre, Yoga Rm & Sauna. Steps To Park, Waterfront&Martin Goodman Trail. Mins To Mimico Go, Qew And Downtown. **EXTRAS** All S/S Appliances: Fridge, Stove, B/I Dishwasher & Microwave/Hoodfan; Front Load Washer & Dryer, Existing Electric Light Fixtures, Existing Window Coverings. Walk-In Master Closet. One Parking & One Locker.Tenant To Pay Hydro.
homelife new world realty inc.MLS® #W12058092
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
12.8 x 19.98ft
Dining
Laminate, Combined with Living, Walkout To Balcony
12.8 x 19.98ft
Kitchen
Laminate, Quartz Counter, Stainless Steel Appliances
12.8 x 19.98ft
Primary
Laminate, 4 Piece Ensuite, Walk-in Closet
9.68 x 10.96ft
2nd Bedroom
Laminate, Large Window, Closet
8.76 x 10.01ft
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 I Condos
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
AVERAGEchance 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 againProperty 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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | $560,000 | $563,000 - $650,000 | $720,000 - $770,000 | $810,000 | No Data | No Data |
| Avg. Cost Per Sqft | $1,072 | $1,034 | $959 | $903 | No Data | No Data |
| Price Range | $2,275 - $2,500 | $2,400 - $2,669 | $2,400 - $3,250 | $3,100 - $3,400 | No Data | No Data |
| Avg. Wait for Unit Availability | 50 Days | 26 Days | 35 Days | 87 Days | 337 Days | 538 Days |
| Avg. Wait for Unit Availability | 17 Days | 12 Days | 16 Days | 50 Days | 293 Days | No Data |
| Ratio of Units in Building | 23% | 38% | 28% | 10% | 2% | 1% |
Market Inventory
Total number of units listed and leased in Mimico
