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    Mississauga / Lakeview

    1140 Parkwest Place

    Village Terraces II Condos
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    118
    Condo Completion:
    2002
    Condo Demand:
    High
    Unit Size Range:
    604 - 1,267 SQFT
    Unit Availability:
    Low
    Property Management:
    City Sites Property Management Inc.

    Listing History for Village Terraces II Condos

    Receive listing updates for Lakeview

    Amenities

    Security System
    Visitor Parking
    Bike Storage
    Sauna
    Games Room
    Indoor Parking

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 1140 Parkwest Place — Village Terraces II Condos

    Anyone who’s seeking a Mississauga condo for sale should consider Village Terraces II Condos at 1140 Parkwest Place. Goldlist Properties Inc. completed this building back in 2002, but unlike other buildings of that age, maintenance fees are higher than average at $0.81 per-square-foot. The 12-storey building is home to 118 suites with units ranging between 604 and 1267 square feet.

    Maintenance fees are $0.81 per-square-foot, which is higher than the neighbourhood average of $0.70 per-square-foot.

    The Suites

    On average, units at 1140 Parkwest Place sell -2.86% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $752 and units sell with 15 days on market on average. Over the past 12 months, 3 have sold and 3 have have been rented here.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as The Golden Pheasant, Antojitos and Skewers Grill are all within 10 minutes walking distance from 1140 Parkwest Place. Lakeview has plenty to offer coffee enthusiasts, with great cafes like McDonald's, Coffee Culture Cafe & Eatery and Starbucks.

    Grocery shopping can feel like a chore — but not when Rabba Fine Foods are just an easy 11-minute walk away.

    Planning for your future is easy with RBC Royal Bank ATM and BMO Bank of Montreal in the area.

    Getting some fresh air is a breeze when you live at 1140 Parkwest Place because excellent green spaces like The Village Green Park, DELLWOOD PARK and Dellwood Park are walkable in under 13 minutes.

    When the weekend rolls around, PAZAN GALLERY are within a short 4-minute drive away.

    Transportation

    Taking public transit? The nearest light transit stop is Lakeshore Rd E At Dixie Rd. Those who live in the area can easily drive to Kipling, just 21 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 1150 Parkwest Place, 1172-1244 Parkwest Place and 728-762 Village Green Boulevard.

    Village Terraces II Condos Reviews

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    2

    Listings For Sale

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    0

    Listings For Rent

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    Explore Neighbourhood

    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!'

    Similar condos

    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
    0 - 14
    16%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    20%
    50 - 64
    21%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    29%
    $60,000+
    16%
    $90,000+
    6%
    $125,000+
    2%
    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%

    Price Trends

    Maintenance Fees

    Village Terraces II Condos vs The Lakeview Area

    Building Trends At Village Terraces II Condos

    Days on Strata

    Units at Village Terraces II Condos spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Lakeview

    Turnover of Units

    On average, each unit is owned for
    5.2
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 22 condos in the Lakeview area

    Sold Units

    3
    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 22 condos in the Lakeview neighbourhood

    Appreciation Rank

    Village Terraces II Condos has the
    ?
    highest ROI out of 22 condos in the Lakeview neighbourhood

    Rental Yield

    Village Terraces II Condos yields the
    ?
    highest rent prices out of 22 condos in the Lakeview neighbourhood

    High Demand

    Village Terraces II Condos is the
    ?
    most popular building out of 22 condos in the Lakeview neighbourhood

    Transaction Insights at 1140 Parkwest Place

    1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$510,000 - $605,000No DataNo DataNo Data
    Avg. Cost Per Sqft$753No DataNo DataNo Data
    Avg. Wait for Unit Availability96 Days108 Days249 DaysNo Data
    Ratio of Units in Building45%50%5%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Lakeview