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For SaleWestlake Phase I CondosEst Sell Timeframe 2 Days
$899,900
Price Cut: $929,900
2 Beds
2 Bath
1 Parking
859 SQFT
57 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$1,048/sqft
Maintenance Fees:
$729/mth
Taxes:
$2,755 (2024)
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
South West
Possession Date:
May 31, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- No
Room Dimensions
Living
Walkout To Balcony, Combined with Dining, Sw View
8.53 x 16.41ft
Dining
Walkout To Balcony, Combined with Living, Sw View
8.53 x 16.41ft
Kitchen
Open Concept, Granite Counter, Stainless Steel Appliances
8.53 x 10.17ft
About this Listing
Bright South West Corner Exposure W/ Spacious Balcony & Lots Of Windows. Overlooking The Park & lake. Open Concept 859 Sqft Interior + 201 Sqft Exterior balcony. Downstairs has Metro Grocery, Lcbo, Shoppers Drug Mart, Starbucks, Restaurants, Banks At Condo Complex Podium. Walk to The beautiful Humber Bay Trail For Beautiful Lake/Park View and enjoy Delicious Restaurants, Cafes & Farmers Market. 1 Parking & 1 Locker
ExtrasFridge, Stove, Microwave Fan, Dishwasher. Washer/Dryer, All Elfs, and all Window Coverings
aimhome realty inc.MLS® #W8108250
Amenities
Party Room
Concierge
Indoor Pool
Sauna
Squash Court
Games Room
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
Building Trends At Westlake Phase I Condos
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
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
5.8
YEARS before being sold againProperty Value
3%
Increase in property value within the past twelve months
Price Ranking
20th
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
62
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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|
Price Range | $535,000 - $610,000 | $530,000 - $665,000 | $737,000 - $895,000 | No Data | No Data | No Data |
Avg. Cost Per Sqft | $1,096 | $987 | $940 | No Data | No Data | No Data |
Price Range | $2,400 - $2,700 | $2,450 - $2,750 | $2,800 - $4,300 | $3,150 - $4,000 | No Data | No Data |
Avg. Wait for Unit Availability | 48 Days | 24 Days | 33 Days | 73 Days | 337 Days | 538 Days |
Avg. Wait for Unit Availability | 15 Days | 10 Days | 14 Days | 44 Days | 249 Days | No Data |
Ratio of Units in Building | 22% | 38% | 29% | 10% | 2% | 1% |
Maintenance Fees
Westlake Phase I Condos vs The Mimico Area