1140 parkwest Place Unit 302, Mississauga

Price: $485,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13520612

Discover comfortable condo living in the heart of Mississauga's desirable Lakeview neighbourhood. This well-appointed 1-bedroom plus den suite offers a flexible floor plan, with the den providing the perfect space for a home office, guest room, or potential second bedroom. Designed for both everyday living and entertaining, the unit features an open-concept kitchen with a breakfast bar, a separate dining area, and a walk-out to a private balcony complete with a gas BBQ hookup. The spacious primary bedroom includes a walk-in closet and a 4-piece ensuite, while a convenient 2-piece powder room and ensuite laundry. The suite also comes with one underground parking space and an owned locker. Residents enjoy a wide range of building amenities, including 24-hour concierge service, a fitness centre, sauna, library, hobby room, party/meeting room, and visitor parking. Maintenance fees include heat, water, and central air conditioning.Ideally situated close to Lake Ontario, waterfront parks, Sherway Gardens, local shops and restaurants, public transit, Long Branch and Port Credit GO Stations, as well as quick access to the QEW and Highway 427. An excellent opportunity to own in one of Mississauga's most established and convenient communities.

1140 parkwest Place Unit 302 - Condo photo 1 of 14 in Mississauga, Ontario
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$485,000 - 1140 parkwest Place Unit 302, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Lakeview

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13520612
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Discover comfortable condo living in the heart of Mississauga's desirable Lakeview neighbourhood. This well-appointed 1-bedroom plus den suite offers a flexible floor plan, with the den providing the perfect space for a home office, guest room, or potential second bedroom. Designed for both everyday living and entertaining, the unit features an open-concept kitchen with a breakfast bar, a separate dining area, and a walk-out to a private balcony complete with a gas BBQ hookup. The spacious primary bedroom includes a walk-in closet and a 4-piece ensuite, while a convenient 2-piece powder room and ensuite laundry. The suite also comes with one underground parking space and an owned locker. Residents enjoy a wide range of building amenities, including 24-hour concierge service, a fitness centre, sauna, library, hobby room, party/meeting room, and visitor parking. Maintenance fees include heat, water, and central air conditioning.Ideally situated close to Lake Ontario, waterfront parks, Sherway Gardens, local shops and restaurants, public transit, Long Branch and Port Credit GO Stations, as well as quick access to the QEW and Highway 427. An excellent opportunity to own in one of Mississauga's most established and convenient communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,488.30/mo

Includes CMHC insurance ($13,532)

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5-yr fixed avg.

Principal: $436,500Interest: $296,459
Mortgage Amount$450,032
Total Interest$296,459
Est. Property Tax$344/mo
Total Cost$746,490

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 302, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$1,235

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 $606/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.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    1140 parkwest Place Unit 302, Mississauga | $485,000 | Battaglia Team