$725,000 - 1150 Parkwest Place Unit 301, Mississauga
Condo for Sale in Mississauga
New — Listed 3 days agoNeighbourhood: Lakeview
- MLS Number
- W13694916
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Welcome to 1150 Parkwest Place, located in the sought-after Village Terraces community in Mississauga. This spacious 2 bedroom, 2 bathroom suite offers nearly 1,100 square feet of thoughtfully designed living space with an open-concept layout and an abundance of natural light. The inviting living room showcases floor-to-ceiling windows and a walkout to the private balcony, creating the perfect setting for relaxing or entertaining. The adjoining dining area flows seamlessly into the kitchen, offering plenty of cabinetry and workspace. The generous primary bedroom features a walk-in closet and private 4-piece ensuite, while the second bedroom provides excellent versatility for family, guests, or a home office. A welcoming foyer, multiple closets, in-suite laundry, and additional storage add convenience and functionality. Enjoy two owned underground parking spaces, along with fantastic building amenities including a gym, party room, and library, plus 24-hour security and concierge service. Ideally located just minutes from Port Credit, scenic parks and trails, the QEW, GO Train, shopping, restaurants, and a wide variety of amenities, this is an excellent opportunity to enjoy spacious and convenient condominium living in a desirable Mississauga community. This is more than just a condo, it's a place to relax, entertain, and enjoy everything the area has to offer. Don't miss your opportunity to make this one your own!
Estimate your monthly payments for this property
Estimated Payment
$3,719.63/mo
Includes CMHC insurance ($20,228)
5-yr fixed avg.
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.
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
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.
1150 Parkwest Place Unit 301, Mississauga
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $725/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 $3,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.