Maintenance Fees
Westlake Phase II Condos vs The Mimico Area
for sale
8 Days on Strata
- Est Sell Timeframe:
- 22 Days
1007 - 2200 Lake Shore Blvd W
$729,000
2 Beds + 1
2 Bath
1 Parking
803 SQFT
Price History
- Maintenance Fees:
- $779/mth
- Taxes:
- $2,747 (2024)
- Property Type:
- Condo
- Cost Per Sqft:
- $908/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- Dec 15
- Exposure:
- North East
Amenities
Bike Storage
Concierge
Gym
Indoor Pool
Party Room
Visitor Parking
About this Listing
Discover urban luxury in this spacious 2-bedroom plus den 2 bathroom corner unit at Westlake Condos, perfectly nestled in the vibrant Humber Bay Shores. Boasting breathtaking lake views, this modern unit offers:Bright & Open LayoutSpacious Bedrooms: Primary suite with ensuite bath and ample closet space.Versatile Den: Ideal for a home office, guest room, or cozy retreat.Premium Amenities: 24/7 concierge, gym, 25 metre long pool !!, rooftop terrace, and more.Prime Location: Steps to the lake, trails, shops, dining, and easy access to downtown Toronto.Perfect for professionals, families, or investors seeking style and convenience. Parking and locker included. Dont miss your chance to own in one of Torontos most sought-after waterfront communities!
ExtrasFridge Stove Washer Dryer Microwave ELFS and Window Coverings
james power real estate brokerage inc.MLS® #W12545076
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Living
- 12.93 x 10.11ft
- Laminate, Combined with Dining, Walkout To Balcony
- Dining
- 12.93 x 10.11ft
- Laminate, Combined with Living, Large Window
- Kitchen
- 13.19 x 6.76ft
- Laminate, Granite Counter, Walkout To Balcony
- Primary
- 14.11 x 9.42ft
- Laminate, 4 Piece Ensuite, Double Closet
- 2nd Bedroom
- 12.21 x 9.42ft
- Laminate, Window, Closet
- Study
- 7.42 x 6.17ft
- Laminate
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Bikeability
The bike lane starts to feel like a second home.
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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 II Condos
Days on Strata
Units at Westlake Phase II Condos spend an average of
40
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
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
5.8
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
73
Units were Rented over the past twelve months
Best Value Rank
Westlake Phase II Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
Appreciation Rank
Westlake Phase II Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
Rental Yield
Westlake Phase II Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
High Demand
Westlake Phase II Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
Market Insights
Transaction Insights at Westlake Phase II Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $500,000 - $565,000 | $520,000 - $562,500 | $760,000 - $885,000 | No Data |
| Avg. Cost Per Sqft | No Data | $1,042 | $918 | $1,080 | No Data |
| Price Range | $2,100 | $1,480 - $2,500 | $2,350 - $2,950 | $2,750 - $3,400 | $2,800 - $3,500 |
| Avg. Wait for Unit Availability | 348 Days | 32 Days | 53 Days | 48 Days | 54 Days |
| Avg. Wait for Unit Availability | 521 Days | 20 Days | 22 Days | 15 Days | 32 Days |
| Ratio of Units in Building | 1% | 30% | 24% | 29% | 16% |
Market Inventory
Total number of units listed and sold in Mimico
