2220 Lake Shore Blvd W, unit 703 for rent in Mimico - image #1
2220 Lake Shore Blvd WUnit 703
Walk Score
75
Transit Score
76
Bike Score
72
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo
Developer
Onni Group
Condo Completion
2015
Property Management
Cpo Canadian Properties Operator Management Inc.
Unit Size Range
500 - 1500 SQFT
Number of Units
490
Number of Storeys
48
List Price
$2,150
Sold per SQFT for
$4/sqft
Total Days on Market
20
Maintenance
$0/mth
Taxes
$0
Property Type
Condo
CONDO Demand
high
Unit Availability
Above Average
Locker
Yes
Parking
Yes
Outdoor Space
Open
Exposure
West
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2220 Lake Shore Blvd W | Unit #703 at Westlake Phase I Condos

Market Temperature
Buyer's Market
Balanced
Seller's Market

Room Dimensions

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Utilities Included

Rent Includes

Heat
Air Conditioning
Water
Parking
Building Insurance

Tenant Must Pay Separately

Hydro

Amenities

Party/Meeting Room
Sauna
Underground Parking
Games Room
Visitor Parking
Squash Racquet Court
Rooftop Deck/Garden
BBQ
Guest Suites
Gym
Concierge
Indoor Pool

Listing History for Unit 703

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Stats, Trends & Rankings

Price Per Square Foot
Westlake Phase I Condos vs The Mimico Area

$121.00
More Expensive
per SQFT compared to the neighbourhood average
Westlake Phase I Condos's Avg
price per SQFT
$990
/ SQFT
Neighbourhood Avg
price per SQFT
$869
/ SQFT

Building Trends At Westlake Phase I Condos

Days on Market

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

List vs Selling Price

On average, these condos sell for
4%
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
5.6
YEARS before being sold again

Property Value

6%
Increase in property value within the past twelve months

Price Ranking

10th
Highest price per SQFT out of 50 condos in the Mimico area

Sold Units

49
Units were Sold over the past twelve months

Rented Units

82
Units were Rented over the past twelve months

Best Value

Westlake Phase I Condos offers the
?
best value out of 50 condos in the Mimico neighbourhood

Return on Investment

Westlake Phase I Condos has the
?
highest ROI out of 50 condos in the Mimico neighbourhood

Rental Yield

Westlake Phase I Condos yields the
?
highest rent prices out of 50 condos in the Mimico neighbourhood

High Demand

Westlake Phase I Condos is the
?
most popular building out of 50 condos in the Mimico neighbourhood

Sales vs Rental Values For This Condo

1 Bed500 - 642 SQFT
Average Cost Per Sqft$1,087
Sales Price Range$546,000 - $635,000
Rental Price Range$1,650 - $2,150
1 Bed + Den544 - 656 SQFT
Average Cost Per Sqft$968
Sales Price Range$524,000 - $706,000
Rental Price Range$1,750 - $2,200
2 Bed642 - 1100 SQFT
Average Cost Per Sqft$890
Sales Price Range$675,000 - $1,080,000
Rental Price Range$2,300 - $2,700
2 Bed + Den807 - 900 SQFT
Average Cost Per Sqft$834
Sales Price Range$675,000 - $785,000
Rental Price Range$2,500 - $2,650
3 Bed900 - 949 SQFT
Average Cost Per Sqft$870
Sales Price Range$782,500 - $805,000
Rental Price Range$2,900 - $2,950
3 Bed + Den1263 - 1263 SQFT
Average Cost Per Sqft$1,020
Sales Price Range$1,265,000 - $1,265,000
Rental Price Range
N/A

How Often Are Units Listed?

1 Bed500 - 666 SQFT
Average Sales Availability
Every43Days
Average Rental Availability
Every14Days
Ratio of Unit Type in Building22%
1 Bed + Den543 - 674 SQFT
Average Sales Availability
Every21Days
Average Rental Availability
Every9Days
Ratio of Unit Type in Building39%
2 Bed642 - 1100 SQFT
Average Sales Availability
Every29Days
Average Rental Availability
Every13Days
Ratio of Unit Type in Building29%
2 Bed + Den807 - 1316 SQFT
Average Sales Availability
Every72Days
Average Rental Availability
Every39Days
Ratio of Unit Type in Building10%
3 Bed900 - 949 SQFT
Average Sales Availability
Every337Days
Average Rental Availability
Every214Days
Ratio of Unit Type in Building2%
3 Bed + Den1263 - 1263 SQFT
Average Sales Availability
Every670Days
Average Rental Availability
N/A
Ratio of Unit Type in Building1%

Maintenance Fees
Westlake Phase I Condos vs The Mimico Area

$0.08
Less Expensive
per SQFT compared to the neighbourhood average
Westlake Phase I Condos's Avg
monthly maintenance
fee per SQFT
$0.67
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.75
/ SQFT

Travel Times

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