Maintenance Fees
Westlake Phase I Condos vs The Mimico Area
$2,3001 bd1 ba1 pk618 sqft
For RentWestlake Phase I Condos
9 Days on Strata
$2,300/mth
1 Bed
1 Bath
1 Parking
618 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
May 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
East
Locker:
Owned
Laundry:
Main
Amenities
Games Room
Indoor Pool
BBQs Allowed
Sauna
Media Room
Visitor Parking
Rooftop Deck
Squash Court
Guest Suites
Party Room
Gym
Indoor Parking
Concierge
About this Listing
Great Location!! Luxurious Location With 1 Parking And 1 Locker. Located Beside The Lake With Metro, Lcbo, Starbucks, Shoppers And Much More!! This Building Serving The Best Amenities. The Unit Is In Perfect Condition With All The Appliances In It.
re/max elite real estateMLS® #W12079063
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 are not available for this listing.
Renter's Market
Balanced
Landlord's Market
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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.
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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 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
-4%
Decrease in property value within the past twelve months
Price Ranking
12th
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
50
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 | $958 | $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 | 18 Days | 12 Days | 17 Days | 54 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
