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Westlake 3 Condos in Toronto W06

2212 Lake Shore Boulevard W, Toronto W06

Total Units

10

For Sale

2

For Rent

36

Sold

151

Leased

$700K

Avg Price

35

Days (Sale)

26

Days (Lease)

OQ

OVAIS QASSIM

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Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,599 SQFT
Property Management:
First Service Residential

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$777K

Lowest Sale (12mo)

$450K

Median Maintenance

$644/mo

Year Built

Westlake 3 Market

Updated Aug 22, 2026
Condos
Median sale price
$605K
Median PSF (est.)▼ 4.9%
$832/sqft
Sold last 90 days
10
Active listings
11
Months of inventory
2.2
Avg days on market
24
Sale-to-list ratio
98.45%
Absorption rate
45.5%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 65.52% · End-user: 34.48% (from 10 sales, 19 leases)
Price reductions (90d)
Price-reduction rate: 0.00%
Monthly reduction trend
2024-12: 0.0% (3 listings)
2025-10: 0.0% (3 listings)
2026-03: 66.7% (3 listings) · avg $90,000
2026-06: 0.0% (4 listings)
2026-07: 0.0% (5 listings)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $832 — +1.72% vs community avg ($817)[at_par]
Supply vs demand by unit type (90d)
Sample: 11 active listings · 10 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 1 active / 3 sold · mismatch -20.91%
2br: 6 active / 6 sold · mismatch -5.45%
3br: 4 active / 1 sold · mismatch +26.36%
Concession pattern by unit type (90d)
1br (6 sales) — 100.00% closed with concessions, avg 3.20% below ask
2br (18 sales) — 72.22% closed with concessions, avg 4.59% below ask
3br (4 sales) — 75.00% closed with concessions, avg 2.37% below ask
Seasonality (annual pattern)
Historically strongest months: Feb, Jul, May
Historically weakest months: Aug, Sep, Mar
Annual averages: DOM 35.0d · sale-to-list 98.45% (n=28)
Monthly detail
Feb · 1 sales · DOM 13.0d · STL 97.83%
Mar · 3 sales · DOM 63.7d · STL 97.34%
May · 1 sales · DOM 22.0d · STL 104.57%
Jun · 5 sales · DOM 30.0d · STL 101.91%
Jul · 5 sales · DOM 20.2d · STL 98.02%
Aug · 2 sales · DOM 43.5d · STL 98.61%
Sep · 1 sales · DOM 62.0d · STL 96.67%
Oct · 5 sales · DOM 41.6d · STL 97.24%
Nov · 2 sales · DOM 25.0d · STL 96.56%
Dec · 3 sales · DOM 32.0d · STL 96.50%

Market Intelligence

Price per sqft analysis and trends

Westlake 3

Sale PSF

N/A

Lease PSF

N/A

Mimico

Sale PSF

$742/sqft

37 sales

Lease PSF

$3.14/sqft/mo

9 leases

Toronto W06

Sale PSF

$715/sqft

47 sales

Lease PSF

$3.02/sqft/mo

6 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Westlake 3This Building
——/mo——
Mimico
7423.14/mo379
Toronto W06
7153.02/mo476
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$126.3/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Bus Ctr (WiFi Bldg)
Communal Waterfront Area
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Lap Pool
Media Room
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Squash/Racquet Court
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsHeatParkingWater

Building Reviews

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About Westlake 3 Condos

Westlake 3 is a premier condominium located at 2212 Lake Shore Boulevard W, Toronto W06. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 199 units available at Westlake 3, with prices averaging around $700K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Westlake 3 stands out in Toronto W06's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Westlake 3, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation and market analysis.

Explore more real estate in the wider area: Mimico, Toronto W06 and the Toronto area.

Units for Sale at Westlake 3

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Keywords: Westlake 3 Toronto W06 Real Estate

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