Maintenance Fees
Village Terraces II Condos vs The Lakeview Area
1140 Parkwest Place
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Source: Unit 705
Village Terraces II Condos
Highlights
- Property Type:
- Condo
- Number of Storeys:
- 12
- Number of Units:
- 118
- Condo Completion:
- 2002
- Condo Demand:
- High
- Unit Size Range:
- 608 - 1,297 SQFT
- Unit Availability:
- Low
- Property Management:
Amenities
Sauna
Rec Room
BBQs Allowed
Car Wash
Indoor Parking
Party Room
Gym
Concierge
Visitor Parking
Amenity details for reference only. Independently verify accuracy.
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 on the higher end at $0.85 per-square-foot. The 12-storey building is home to 118 suites with units ranging between 608 and 1297 square feet.
Maintenance fees at 1140 Parkwest Place are $0.85 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).
The Suites
On average, units at 1140 Parkwest Place sell -3.22% 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 $602 and units sell with 20 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 652-665 Cricklewood Drive.
- Hydro
- Included
- Heat
- Included
- Water
- Included
- Air Conditioning
- Not Included
Listing History for Village Terraces II Condos
Oct, 2025
Unit 103
Oct 07, 20254 days on strata
Leased for $2,500Listed for $2,5001 bd + 1 | 1 ba | 623 sqft | 1 pkg
Leased for $2,500Listed for $2,5001 bd + 1 | 1 ba | 623 sqft | 1 pkg
Unit 103
Oct 09, 20256 days on strata
SuspendedListed for $549,0001 bd + 1 | 1 ba | 623 sqft | 1 pkg
SuspendedListed for $549,0001 bd + 1 | 1 ba | 623 sqft | 1 pkg
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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!'
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
20
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
LOWchance 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 againProperty Value
-24%
Decrease in property value within the past twelve months
Price Ranking
5th
Highest price per SQFT out of 27 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 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 | $562,000 - $640,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $627 | No Data | No Data |
| Price Range | $2,500 | $2,950 - $3,200 | No Data | No Data |
| Avg. Wait for Unit Availability | 95 Days | 126 Days | 249 Days | No Data |
| Avg. Wait for Unit Availability | 354 Days | 165 Days | No Data | No Data |
| Ratio of Units in Building | 43% | 47% | 6% | 1% |
Market Inventory
Total number of units listed and sold in Lakeview
