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    Mississauga / Lakeview

    1001 - 1140 Parkwest Pl

    For SaleVillage Terraces II Condos
    $639,000
    2 Beds
    2 Bath
    1 Parking
    915 SQFT
    50 Days on Strata
    Est Sell Timeframe
    18 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $822/mth
    Taxes:
    $3,162 (2024)
    Cost Per Sqft:
    $698/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Balcony
    Exposure:
    North West
    Possession Date:
    December 19, 2024
    Laundry:
    Ensuite
    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
    Walkout To Balcony, Sw View, Hardwood Floor
    21.1 x 9.97ft
    Dining
    Nw View, Juliette Balcony, Hardwood Floor
    8.99 x 7.97ft
    Kitchen
    O/Looks Dining, Breakfast Bar, Window
    7.97 x 7.09ft

    About this Listing

    Welcome to Village Terraces, just east of Port Credit in the wonderful community of Lakeview, just steps away from Lake Ontario. This 915 square foot corner unit has plenty of sunlight all day long with 2 balconies and a gas hookup for your personal BBQ. Views of the lake are clear from the living room and Primary Bedroom. Enjoy strolls in nearby parks, schools, and shopping. This condo offers 24 hour concierge, hobby room, sauna, a conference room, gym and visitor parking.

    re/max realty enterprises inc.MLS® #W10414771

    Amenities

    Sauna
    Indoor Parking
    Games Room
    Party Room
    Gym Room
    Car Wash

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    4/10
    Transit
    Transit's playing hard to get, but you might catch it with some charm.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    21,014
    Average Individual Income
    $59,079
    Average Household Size
    2 persons
    Average Age
    41
    Average Household Income
    $108,994
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    42%
    Semi Detached
    28%
    High Rise Apartment
    13%
    Low Rise Apartment
    8%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    77%
    Other
    9%
    Punjabi
    7%
    Spanish
    2%
    Mandarin
    2%
    Tagalog
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    High School
    31%
    University and Above
    24%
    College
    21%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Education
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    Village Terraces II Condos vs The Lakeview Area

    Building Trends At Village Terraces II Condos

    Days on Strata

    Units at Village Terraces II Condos spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Lakeview

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 22 condos in the Lakeview area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Village Terraces II Condos offers the
    ?
    best value out of 22 condos in the Lakeview neighbourhood

    Appreciation Rank

    Village Terraces II Condos has the
    ?
    highest ROI out of 22 condos in the Lakeview neighbourhood

    Rental Yield

    Village Terraces II Condos yields the
    ?
    highest rent prices out of 22 condos in the Lakeview neighbourhood

    High Demand

    Village Terraces II Condos is the
    ?
    most popular building out of 22 condos in the Lakeview neighbourhood

    Transaction Insights at 1140 Parkwest Place

    1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$470,000 - $605,000$640,000No DataNo Data
    Avg. Cost Per Sqft$756$625No DataNo Data
    Avg. Wait for Unit Availability94 Days119 Days249 DaysNo Data
    Ratio of Units in Building45%50%5%1%

    Transactions vs Inventory

    Total number of units listed and sold in Lakeview