About Westlake Phase Ⅲ
Westlake Phase III is a 47-storey high-rise residential tower built by Onni Group in 2015, located in the vibrant Kensington-Chinatown neighbourhood of Toronto. Currently, the building offers 202 units for sale ranging from $280,000 to $7.0 million, with an additional 165 rental units averaging $2,917 per month. This mixed-use development represents a significant residential anchor in one of the city's most culturally rich and walkable downtown communities.
Kensington-Chinatown is a pedestrian-friendly neighbourhood with direct access to the Spadina subway line, excellent streetcar connections, and proximity to Osington Avenue and Dundas Street West. The area draws renters and buyers seeking urban living with authentic restaurant culture, independent shops, and strong transit links to the Financial District and beyond. This location suits people who value neighbourhood character, walkability, and access to city employment without sacrificing community feel.
Frequently asked questions
What is Westlake Phase III?
Westlake Phase III is a 47-storey high-rise condominium tower developed by Onni Group and completed in 2015. The building offers a mix of unit types and sizes across its residential floors, with current listings showing an average unit size of around 954 square feet. As a high-rise development in central Toronto, it represents the type of vertical residential architecture that has shaped the downtown core over the past decade. The building includes standard condominium amenities and maintains typical maintenance fee structures for this class of property. Both owner-occupied and rental units are actively listed, indicating a dynamic turnover in the building.
What's the neighbourhood like around Westlake Phase III?
Westlake Phase III sits in Kensington-Chinatown, one of Toronto's most distinctive and historically layered neighbourhoods. The area is served by the Spadina subway line and multiple streetcar routes, making commuting straightforward to the Financial District, Midtown, and beyond. Kensington Avenue and Dundas Street West are lined with independent restaurants, bakeries, vintage shops, and cultural businesses that reflect the neighbourhood's Chinese, Portuguese, Jewish, and eclectic immigrant heritage. The neighbourhood is highly walkable with good access to grocery stores, markets, and services. It appeals to people who value authentic urban living, cultural diversity, and vibrant street life over polished corporate environments.
What should buyers and renters consider about this building?
Prospective buyers and renters should understand that Westlake Phase III offers a range of unit types and sizes, with current listings showing average sizes around 954 square feet and an average of approximately 2.2 bedrooms across active units. When evaluating a unit, consider layout options, whether you need parking or locker space, and review the maintenance fee schedule, as these vary significantly by unit type in high-rise buildings. Ask about building amenities, pet policies, and any upcoming capital improvements that may affect future fees. For renters, note that the average rent in the building is around $2,917 per month. Both buyers and renters should verify lease terms, condo fee transparency, and consider proximity to transit and your workplace. The building's age and reputation in the market should inform your decision, so speak with current residents if possible.