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    Toronto / Etobicoke / Mimico

    818 - 2200 Lake Shore Blvd W

    For SaleWestlake Phase II Condos
    $550,000
    Price Cut: $580,000
    1 Bed
    1 Bath
    1 Parking
    583 SQFT
    107 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $575/mth
    Taxes:
    $1,979 (2023)
    Cost Per Sqft:
    $943/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    September 1, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Laminate
    21.75 x 9.58ft
    Dining
    Combined with Living, Open Concept, Laminate
    21.75 x 9.58ft
    Prim Bdrm
    Walk-in Closet, Enclosed, Laminate
    11.32 x 9.42ft

    About this Listing

    **Well established community in Mimico!! 1 Bedroom + Den Suite on 8th Floor, Open Concept Layout, 583 Sqft. 1 Underground Parking Spot + 1 Locker. Walking distance to Humber Bay Park, Mimico Creek Ravine and Flora Voisey Park! Underground access to Metro Supermarket, & Shopper's Drug Mart. **Driving distance to Gardiner Expressway & Downtown Toronto. Bus Stop, Fitness Classes, Nail Salons, Child Care, LCBO, Dental Office, Coffee, Pizza Shop, Pet Store and Restaurants are only steps away! **30,000 sq ft of Amenities: Squash Courts, Library, Kid's Craft Room, Steam Room, Sauna Room, Yoga Room, Party/Rec Room, Indoor Pool, Outdoor BBQ, Guest Suites, Gym, Media/Theatre Room ,24 Hr. security guard and concierge, underground visitors parking.**

    landpower real estate ltd.MLS® #W9037969

    Amenities

    Squash Court
    Guest Suites
    Rooftop Deck
    Visitor Parking
    Sauna
    Games Room

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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

    Maintenance Fees

    Westlake Phase II Condos vs The Mimico Area

    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
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    19
    Units were Sold over the past twelve months

    Rented Units

    51
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 2200 Lake Shore Boulevard W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$520,000 - $580,000$530,000 - $672,000$752,000 - $815,000$775,000 - $940,000
    Avg. Cost Per SqftNo Data$1,174$1,008$1,076$1,085
    Avg. Wait for Unit Availability348 Days34 Days54 Days42 Days58 Days
    Ratio of Units in Building1%30%23%31%16%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico