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    Westlake Phase I Condos

    2220 Lake Shore Boulevard W

    10for Sale
    6for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    48
    Number of Units:
    490
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    500 - 1,500 SQFT
    Unit Availability:
    Medium
    Property Management:
    No Data

    Listing History for Westlake Phase I Condos

    Amenities

    Party Room
    Indoor Parking
    Indoor Pool
    Rooftop Deck
    Media Room
    Games Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 2220 Lake Shore Boulevard WWestlake Phase I Condos

    If you’re looking for a Toronto condo for sale, then Westlake Phase I Condos is a great choice. Standing 48 storeys tall at 2220 Lake Shore Boulevard W, this development provides residents with an excellent starting point to explore the Mimico neighbourhood. The property was completed in 2015 by Onni Group, and is comprised of 490 units, ranging in size from 500 to 1500 square feet.

    This condo has a Walk Score of 75 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.78 per-square-foot, which is lower than the neighbourhood average of $0.84 per-square-foot.

    The Suites

    We’ve aggregated a number of stats at 2220 Lake Shore Boulevard W. Here are some highlights: In the past 12 months, 16 units have sold, and 63 have been rented. Meanwhile, property values here have increased by 2.63%.

    Units at Westlake Phase I Condos have a medium likelihood of receiving more than one offer, and on average they sell for 0.78% above the listed price. Suites here have an average cost per-square-foot of $948 based on sales over the past 12 months, and the median time a unit spends on the market is 18 days.

    The Neighbourhood

    Residents can enjoy several great restaurants in the area. Some popular places nearby include Panago Pizza, Bento Sushi and Sunset Grill. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 5 minutes to get to Starbucks, Avenue Cafe and Bistro and Tim Hortons.

    Grocery shopping can feel like a chore — but not when Metro and Rabba Fine Foods are just an easy 13-minute walk away.

    Residents here can stop by ScotiaBank Humber Bay and Scotiabank on their way home from work, so they can take care of their financial needs.

    Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Flora Voisey Park and Mimico Creek are less than 10 minutes walking distance from 2220 Lake Shore Boulevard W.

    Those who love to shop will appreciate all the options nearby with Westlake Village, Rockwood plaza and Loulou just 13 minutes from here.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Norman Felix Gallery Administrative Office, Studio Connect (Painting Studio / Art Gallery) and Artistic Impressions Canada Inc less than a 2-minute drive away will give you a lift.

    Westlake Phase I Condos is a short drive away from Park Lawn Junior Middle School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that Karen Kain School of the Arts can be reached by car in under 4 minutes.

    Transportation

    For transit users, the nearest light transit stop is Park Lawn Rd At Lake Shore Blvd West North Side and is about a 2 minutes walk away. Those who live in the area can easily drive to Jane, just 8 minutes from the building.

    Curious about similar condos in the area? Check out 2212 Lake Shore Boulevard W, 10 Park Lawn Road and 2200 Lake Shore Boulevard W — all within walking distance.

    10

    Listings For Sale

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    6

    Listings For Rent

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    Nearby Amenities

    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%

    Price Trends

    Days on Strata

    Units at Westlake Phase I Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    63
    Units were Rented over the past twelve months

    Best Value Rank

    Westlake Phase I Condos offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Westlake Phase I Condos has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Westlake Phase I Condos yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Westlake Phase I Condos is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 2220 Lake Shore Boulevard W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$535,000 - $610,000$530,000 - $665,000$737,000 - $895,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,096$987$940No DataNo DataNo Data
    Avg. Wait for Unit Availability48 Days24 Days33 Days73 Days337 Days538 Days
    Ratio of Units in Building22%38%29%10%2%1%

    Maintenance Fees

    Westlake Phase I Condos vs The Mimico Area

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