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    for sale
    57 Days on Strata
    Est Sell Timeframe:
    31 Days

    502 - 1140 Parkwest Pl

    Village Terraces II Condos
    $599,000
    2 Beds
    2 Bath
    2 Parking
    815 SQFT
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    Price History

    Maintenance Fees:
    $750/mth
    Taxes:
    $3,019 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $735/sqft
    Outdoor Space:
    Balcony
    Locker:
    Exclusive
    Possession Date:
    TBD
    Exposure:
    West

    Amenities

    Bike Storage
    Concierge
    Gym
    Sauna
    Visitor Parking
    BBQs Allowed

    About this Listing

    Bright 2-Bedroom, 2-Bathroom Condo, 2 Parking Spots & 1 Exclusive Locker In A Quiet, Well-Maintained Building In The Sought After Lakeview Community ** This Condo Features A Separate Dining Room With Walkout To A Private Balcony & A Gas BBQ Line ** Open-Concept Kitchen With Breakfast Bar Is Ideal For Entertaining ** Convenient Ensuite Laundry & Primary Bedroom With A 4-piece Ensuite & Walk-In Closet ** Residents Enjoy Excellent Amenities Including A Library, Gym, Sauna, Hobby Rm, Party/Meeting Rm, Visitor Parking & 24-Hour Concierge ** Heat, Water & Central A/C Are Included In The Condo Fee ** Perfectly Located Mins To Transit, Lake Ontario, Sherway Gardens, Shopping, Restaurants, Schools, Parks, Bike Trails, Long Branch & Port Credit GO stations ** Easy Access To The QEW & Hwy 427 Makes Commuting Simple

    ExtrasExisting Stainless Steel Fridge ** Stove, B/I Dishwasher, Washer & Dryer ** All Window Coverings

    right at home realtyMLS® #W12426188

    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

    Dimensions

    Living
    11.75 x 9.61ft
    Laminate, Open Concept, Window
    Dining
    11.75 x 8.4ft
    Laminate, Walkout To Balcony, Breakfast Bar
    Kitchen
    10.83 x 8.04ft
    Ceramic Floor, Open Concept, Ceramic Back Splash
    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

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    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
    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
    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

    -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 + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$562,000 - $640,000No DataNo Data
    Avg. Cost Per SqftNo Data$627No DataNo Data
    Avg. Wait for Unit Availability95 Days126 Days249 DaysNo Data
    Ratio of Units in Building43%47%6%1%

    Market Inventory

    Total number of units listed and sold in Lakeview