Maintenance Fees
Village Terraces II Condos vs The Lakeview Area
for sale
50 Days on Strata
- Est Sell Timeframe:
- 13 Days
502 - 1140 Parkwest Pl
$588,000
Get price change & sold alerts
2 Beds
2 Bath
2 Parking
817 SQFT
Price History
- Maintenance Fees:
- $750/mth
- Taxes:
- $3,019 (2025)
- Property Type:
- Condo Apartment
- Cost Per Sqft:
- $720/sqft
- Outdoor Space:
- Balcony
- Ensuite Laundry:
- Yes
- Locker:
- Exclusive
- Possession Date:
- TBD
- Exposure:
- West
Amenities
Car Wash
BBQs Allowed
Concierge
Visitor Parking
Rec Room
Sauna
Indoor Parking
Gym
Party Room
About this Listing
Welcome To This Bright 2-Bedroom, 1.5 Bathroom Condo With 2 Underground Parking Spaces & 1 Exclusive Locker In A Quiet, Well-Maintained Lakeview Building. Functional Layout Featuring A Separate Dining Room With Walk-Out To Private Balcony And Gas BBQ Line. Open-Concept Kitchen With Breakfast Bar. Primary Bedroom Includes Walk-In Closet And 4-Piece Ensuite. Ensuite Laundry. Residents Enjoy Excellent Amenities Including A Library, Gym, Sauna, Hobby Room, Party/Meeting Room, Visitor Parking And 24-Hour Concierge. Maintenance Fees Include Heat, Water & Central A/C For Worry Free Living. Ideally Located Minutes To Lake Ontario, Sherway Gardens, Shopping, Restaurants, Parks, Transit, Long Branch & Port Credit GO Stations, QEW and Hwy 427. A Fantastic Opportunity In One Of Mississauga's Most Desirable Communities
ExtrasExisting Stainless Steel Fridge ** Stove, B/I Dishwasher, Washer & Dryer ** All Window Coverings
right at home realtyMLS® #W12801604
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Living
- 11.75 x 9.61ft
- Laminate, Open Concept, Window
- Dining
- 11.75 x 8.4ft
- Laminate, Breakfast Bar, Walkout To Balcony
- Kitchen
- 10.83 x 8.04ft
- Ceramic Floor, Ceramic Back Splash, Open Concept
- Primary
- 11.71 x 9.71ft
- Laminate, 4 Piece Ensuite, Walk-in Closet
- 2nd Bedroom
- 13.85 x 8.69ft
- Laminate, Large Window, Closet
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Lakeview
Map
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!'
Mortgage Calculator
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
Household Income
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%
Building Trends At Village Terraces II Condos
Days on Strata
Units at Village Terraces II Condos spend an average of
118
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance 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 againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
N/A
Highest price per SQFT out of 27 condos in the Lakeview area
Sold Units
1
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 27 condos in the Lakeview neighbourhood
?
Appreciation Rank
Village Terraces II Condos has the highest ROI out of 27 condos in the Lakeview neighbourhood
?
Rental Yield
Village Terraces II Condos yields the highest rent prices out of 27 condos in the Lakeview neighbourhood
?
High Demand
Village Terraces II Condos is the most popular building out of 27 condos in the Lakeview neighbourhood
?
Market Insights
Transaction Insights at Village Terraces II Condos
| 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|
| Price Range | No Data | $709,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $665 | No Data | No Data |
| Price Range | $2,500 | $2,950 - $3,200 | No Data | No Data |
| Avg. Wait for Unit Availability | 101 Days | 128 Days | 249 Days | No Data |
| Avg. Wait for Unit Availability | 384 Days | 165 Days | No Data | No Data |
| Ratio of Units in Building | 41% | 50% | 6% | 1% |
Market Inventory
Total number of units listed and sold in Lakeview
