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    Toronto / Etobicoke / Mimico

    406 - 2220 Lake Shore Blvd W

    For SaleWestlake Phase I Condos
    $649,900
    1 Bed + 1
    1 Bath
    1 Parking
    648 SQFT
    13 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $573/mth
    Taxes:
    $2,282 (2024)
    Cost Per Sqft:
    $1,003/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    To Be Arranged
    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
    No Data
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Laminate
    10.99 x 8.5ft
    Living
    Laminate
    10.5 x 12.01ft
    Prim Bdrm
    Laminate
    10.5 x 8.99ft

    About this Listing

    Welcome to this stunning 1 + 1 bedroom condo, located steps away from the lake and Humber Bay Park. This bright, open-concept home features full wall windows, new flooring (2023) and custom lighting throughout (2023). The master bedroom features a custom built-in closet and floor to ceiling windows. The large den has been converted into a bedroom with custom built full-panel sliding doors (2024). All appliances have been upgraded, including stainless steel kitchen appliances (2023) and in-suite laundry (2024). A parking spot and a storage locker are also included.The building provides top-notch amenities including a gym, indoor swimming pool, hot tub, sauna, steam room, squash court, multiple party rooms, theatre, library/office space, and a childrens play room.Enjoy Metro, LCBO, Shoppers Drug Mart, dry cleaning, Panago Pizza and Sunset Bar and Grill downstairs. Easy access to schools, downtown and the waterfront make this an amazing location for anyone in the city.

    bask realty inc.MLS® #W11977876

    Amenities

    Indoor Parking
    Visitor Parking
    Guest Suites
    Rooftop Deck
    Squash Court
    Media 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 I Condos vs The Mimico Area

    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
    AVERAGE
    chance 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 again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    14th
    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

    51
    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

    Transaction Insights at 2220 Lake Shore Boulevard W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$560,000$563,000 - $650,000$720,000 - $770,000$810,000No DataNo Data
    Avg. Cost Per Sqft$1,072$1,038$959$903No DataNo Data
    Avg. Wait for Unit Availability50 Days26 Days35 Days87 Days337 Days538 Days
    Ratio of Units in Building23%38%28%10%2%1%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico