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    Lakeview

    1140 Parkwest Place

    Village Terraces II Condos
    1for Sale
    0for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    12

    Number of Units:

    118

    Condo Completion:

    2002

    Condo Demand:

    High

    Unit Size Range:

    606 - 1,267 SQFT

    Unit Availability:

    Low

    Property Management:

    City Sites Property Management Inc.

    Amenities

    Rec Room
    Car Wash
    Visitor Parking
    Party Room
    Concierge
    Indoor Parking
    Sauna
    Bike Storage
    Games Room
    BBQs Allowed
    Gym
    Security System

    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 $0.84 per-square-foot. The 12-storey building is home to 118 suites with units ranging between 606 and 1267 square feet.

    Maintenance fees are $0.84 per-square-foot, which is higher than the neighbourhood average of $0.65 per-square-foot.

    The Suites

    On average, units at 1140 Parkwest Place sell -3.32% 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 $608 and units sell with 17 days on market on average. Over the past 12 months, 7 have sold and 2 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.

    Maintenance Fees

    Included in Fees
    Hydro
    Heat
    Water
    Not Included
    Air Conditioning

    Listing History for Village Terraces II Condos

    Feb 26, 2025 • 42 days on Strata
    sold
    $599,913Down from $619,900
    1001 - 1140 Parkwest Pl
    2
    2
    1
    915 Sqft
    Jan 31, 2025 • 22 days on Strata
    sold
    $562,000Down from $579,000
    310 - 1140 Parkwest Pl
    2
    2
    1
    1000 Sqft
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    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!'
    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!'

    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%

    Building Trends At Village Terraces II Condos

    Days on Strata

    Units at Village Terraces II Condos spend an average of
    17
    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

    0%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 22 condos in the Lakeview area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    2
    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

    Market Insights

    Transaction Insights at Village Terraces II Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$470,000 - $605,000$562,000 - $640,000No DataNo Data
    Avg. Cost Per SqftNo Data$767$627No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data98 Days119 Days249 DaysNo Data
    Ratio of Units in Building2%43%50%6%1%

    Market Inventory

    Total number of units listed and sold in Lakeview