$679,000 - 1241 Parkwest Place Unit 5, Mississauga
Condo for Sale in Mississauga
New — Listed yesterdayNeighbourhood: Lakeview
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- MLS Number
- W13813156
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to a different kind of condo living in the heart of Lakeview! Offering 1,602 above ground feet + finished basement of living, this spacious townhome combines the convenience of condominium living with the space and functionality of a traditional home.Step inside to discover a thoughtfully designed layout featuring generous principal rooms, an updated kitchen, and plenty of room to entertain. Enjoy your own private outdoor patio, perfect for morning coffee, summer barbecues, or simply unwinding after a long day.The upper levels offer comfortable bedrooms and a flexible primary suite, while the private rooftop terrace provides an additional outdoor retreat. The lower level offers versatile space that can accommodate a home office, recreation room, or additional living area. Two underground parking spaces complete this exceptional offering.Located in the highly desirable Lakeview community, you're surrounded by an abundance of parks, trails, and recreational amenities. Enjoy easy access to the waterfront, Lakefront Promenade Park, Lakeview Library, and Carmen Corbasson Community Centre.Commuters will appreciate the convenience of nearby Long Branch and Port Credit GO Stations, MiWay transit, and quick access to the QEW and Lakeshore Road, making travel throughout the GTA a breeze.With shopping, restaurants, schools, and everyday essentials just minutes away, this is a fantastic opportunity to enjoy spacious, low-maintenance living in one of Mississauga's most established waterfront communities.Four levels of living, private outdoor spaces, and an unbeatable Lakeview location. Welcome home!
Estimate your monthly payments for this property
Estimated Payment
$3,483.62/mo
Includes CMHC insurance ($18,944)
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.
1241 Parkwest Place Unit 5, 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 $424/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.