1140 Parkwest Place Unit 1108, Mississauga

Price: $628,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13630522

Welcome to this beautiful,bright and spacious 1,000+ sq. ft. 2Bdrms+2 Full Baths condo in the highly desirable Lakeview community! Situated on the 11th floor, this beautifully maintained suite offers breathtaking unobstructed views of Lake Ontario and the Toronto skyline.Thoughtfully designed with a functional split-2 bedroom layout, both bedrooms feature walk-outs to their own private balconies!!! 2 SEPARATE BALCONIES!! The spacious primary retreat includes a large walk-in closet and a 4-piece ensuite, while a second full 4-piece bathroom provides added convenience for family and guests. New laminate flooring throughout enhances the home's modern appeal.This unit also includes tandem parking for two vehicles and a storage locker.Enjoy exceptional building amenities, including 24-hour concierge/security, gym, sauna, party/meeting room, recreation room, library, visitor parking, BBQs permitted on balconies, and a pet-friendly building (with restrictions).Ideally located just minutes from Lake Ontario, waterfront parks and trails, Port Credit, shopping, restaurants, QEW, and both Port Credit and Long Branch GO Stations, offering an outstanding combination of convenience, lifestyle, and connectivity.A wonderful opportunity to own a spacious condo with spectacular views in one of Mississauga's most sought-after waterfront communities.

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New Listing
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$628,000 - 1140 Parkwest Place Unit 1108, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Lakeview

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13630522
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
East
Balcony
Open
Listing Brokerage
KINGSWAY REAL ESTATE
Description

Welcome to this beautiful,bright and spacious 1,000+ sq. ft. 2Bdrms+2 Full Baths condo in the highly desirable Lakeview community! Situated on the 11th floor, this beautifully maintained suite offers breathtaking unobstructed views of Lake Ontario and the Toronto skyline.Thoughtfully designed with a functional split-2 bedroom layout, both bedrooms feature walk-outs to their own private balconies!!! 2 SEPARATE BALCONIES!! The spacious primary retreat includes a large walk-in closet and a 4-piece ensuite, while a second full 4-piece bathroom provides added convenience for family and guests. New laminate flooring throughout enhances the home's modern appeal.This unit also includes tandem parking for two vehicles and a storage locker.Enjoy exceptional building amenities, including 24-hour concierge/security, gym, sauna, party/meeting room, recreation room, library, visitor parking, BBQs permitted on balconies, and a pet-friendly building (with restrictions).Ideally located just minutes from Lake Ontario, waterfront parks and trails, Port Credit, shopping, restaurants, QEW, and both Port Credit and Long Branch GO Stations, offering an outstanding combination of convenience, lifestyle, and connectivity.A wonderful opportunity to own a spacious condo with spectacular views in one of Mississauga's most sought-after waterfront communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,221.97/mo

Includes CMHC insurance ($17,521)

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5-yr fixed avg.

Principal: $565,200Interest: $383,868
Mortgage Amount$582,721
Total Interest$383,868
Est. Property Tax$445/mo
Total Cost$966,590

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Lakeview

Waterfront Transformation in Progress

Lakeview is an exciting neighbourhood undergoing a major transformation from its industrial roots to a vibrant waterfront community. The Lakeview Village development is creating thousands of new homes, parks, and amenities along the Lake Ontario shoreline. Early buyers are positioning themselves in what will become one of the GTA's most sought-after waterfront communities.

Why Live in Lakeview

  • Major waterfront redevelopment underway
  • New parks, trails, and community amenities planned
  • Strong investment potential
  • Lake Ontario waterfront access
  • Mix of new condos and established homes

Nearby Schools

Lakeview Junior Public SchoolPublic Elementary
Allan A. Martin Senior Public SchoolPublic Middle School
Cawthra Park Secondary SchoolPublic High School
Father John Redmond CSSCatholic High School

Transit & Commuting

  • Long Branch GO Station nearby
  • Future Hurontario LRT connection
  • MiWay bus routes
  • Easy access to QEW and Gardiner Expressway

Parks & Amenities

  • Jim Tovey Lakeview Conservation Area (opening soon)
  • Lakefront Promenade Park
  • Marie Curtis Park (nearby)
  • Planned retail and restaurant district
  • Future community centre

Lifestyle & Community

Lakeview is perfect for those who want to get in on the ground floor of a major urban transformation. The area offers excellent value with the promise of significant appreciation as the Lakeview Village development completes.

62
Walk Score
$500K - $1.5M
Price Range

1140 Parkwest Place Unit 1108, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$445
Insurance (est.)-$131
Net Cash Flow+$1,134

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $628/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

About Lakeview

I know Lakeview well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,617 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1140 Parkwest Place Unit 1108, Mississauga | $628,000 | Battaglia Team