High-Rise Condo

Westlake Phase III Condos

by Onni Group

2212 Lake Shore Blvd, Etobicoke, ON M8V 0C2

Year Built

2015

Total Units

428

Avg $/sqft

$854

Storeys

Overview

If you’re looking for a Toronto condo for sale, then Westlake Phase III Condos is a great choice. Standing 47 storeys tall at 2212 Lake Shore Blvd, this development provides residents with an excellent starting point to explore the Mimico neighbourhood. The property was completed in 2015 by Onni Group, and is comprised of 428 units, ranging in size from 500 to 1375 square feet.

This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 75. Maintenance fees are $0.76 per-square-foot, which is lower than the neighbourhood average of $0.87 per-square-foot.

Developer

Onni Group

Year Built

2015

Property Type

High-Rise Condo

Storeys

Total Units

428

Management

First Service Residential

Amenities

Underground Parking

Indoor Pool

Guest Suites

Fitness Centre

Sauna

Rooftop Garden

Visitor Parking

Party Room

24/7 Concierge

Price History

267 records

Loading history…

Market Stats

Prices in Westlake Phase III Condos are down 17.2% compared to last year.

$854

Avg $/sqft

-17.2%

YoY change

Avg days on market

Location & Walkability

Walk Score

75/100

Daily errands on foot

Transit Score

78/100

TTC, GO, subway access

Bike Score

72/100

Bike lanes & infrastructure

Neighbourhood in Etobicoke

Mimico

family-friendly community-oriented diverse

Mimico is a lively neighbourhood in Etobicoke with a mix of housing options. It has a strong community feel and many amenities nearby.

Close to Lake Ontario Diverse dining options Good schools available Strong community spirit Convenient transit access

Mimico, Etobicoke — HOMEH neighbourhood guide

Etobicoke, Ontario

Day to dayLivability

7.1

Schools near listings

out of 10 · averaged over 8,376 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$699,000

13% below Etobicoke 2% below Ontario

In Mimico

$699,000

In Etobicoke

$799,000

In Ontario

$709,900

Median monthly rent

$2,550/mo

2% above Etobicoke 2% above Ontario

In Mimico

$2,550

In Etobicoke

$2,493

In Ontario

$2,500

$824

Per square foot

≈ 22.8 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

311

Median $699,000

Condos 267 · Houses 44

For rent

195

Median $2,550

Recently sold

Recently leased

Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to city median prices
High percentage of renters and owners
Family-friendly environment
Access to parks and recreation

Keep in mind

Prices are above province median
Limited secondary schools

The feel of the placeLifestyle

Daily life in Mimico offers a mix of urban and suburban living. Residents enjoy parks, shops, and easy access to public transit.

Great for first-time buyers families young professionals

Within the boundaryWhat's nearby

The boundary

6.6 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 6.6 km² of Mimico. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

6.2/10

Average rating of the 2 rated schools in this area

Elementary

John English Junior Middle School
Public · Grades JK–8 · Toronto DSB
7.1/107.4 over 5 yrs
808th of 3,045 Ontario elementary schools
795 students · EQAO 2024-2025
St Leo Catholic School
Catholic · Grades JK–8 · Toronto CDSB
5.3/106.4 over 5 yrs
2,037th of 3,045 Ontario elementary schools
405 students · EQAO 2024-2025
David Hornell Junior School
Public · Grades JK–5 · Toronto DSB
Not rated
230 students · EQAO 2024-2025
George R Gauld Junior School
Public · Grades JK–5 · Toronto DSB
Not rated
250 students · EQAO 2024-2025
Mildenhall School, the
Independent
Not rated
Oak Learners
Independent
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Mimico, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

40,840

Population (2021)

7.0 km²

Area

5,867

People per km²

40.8

Median age

$89,540

Median income

54%

Own their home

People per household

21,210

Households

Every age

Children (under 15)10.1%
Working age (15–64)74.3%
Seniors (65+)15.7%

What is built here

Detached houses11.1%
Semi-detached1.3%
Townhouses4.3%
Duplexes1.6%
Low-rise apartments15.4%
High-rise apartments66.2%

Own or rent

54%Owners

46%Renters

Across 21,210 households

When it was built

1960 or earlier19%
1961–198015%
1981–19907%
1991–200010%
2001–20057%
2006–20107%
2011–201517%
2016–202118%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

43.6%
Born outside Canada: 46.7%
Hold a degree or higher: 62.8%
Employment rate: 19.6%
Commute by transit: 71.8%
Commute by car: 1.4
Children per family: $76,410
Median income after tax: $113,899
Average household income: 12.9%
Living on a low income: $1,736/mo
Renters pay, per month: $2,052/mo
Owners pay, per month: $841,824
Median home value at census: 41.1%
Renters spending 30%+ of income on housing: 27.1%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 34 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)