1241 Parkwest Place Unit 5, Mississauga

Price: $799,900

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W12955692

Welcome to very spacious 3 story condo townhouse located in great Lakeview neighbourhood. Offering in total of 2400 square feet of living space. 1602 square feet above ground & 801 square feet in the basement.Laminate floors throughout the whole unit. Main level features updated kitchen, combining living/dining area, gas fireplace and wainscotting. Huge 2nd floor Primary bedroom has been joined by 2 smaller bedrooms ( could be converted back if need it).There is 4 piece ensuite bathroom and His & Hers closets. Top floor has vaulted ceilings, skylight, spacious bedroom, den and access to private terrace/rooftop. Finished lower level with walk in large storage room, 3 piece bathroom, utility room with inside access to the underground 2 owned parking spaces.Fenced front south facing patio offers additional space to enjoy the outdoors. Walk to Port Credit, Community Centre, Go Train Station, close to stores, restaurants, quick access to downtown, shopping, lake, schools & highway. Beautiful place to call home and grow your Family.

1241 Parkwest Place Unit 5 - Condo photo 1 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 2 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 3 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 4 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 5 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 6 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 7 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 8 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 9 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 10 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 11 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 12 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 13 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 14 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 15 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 16 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 17 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 18 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 19 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 20 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 21 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 22 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 23 of 24 in Mississauga, Ontario
1241 Parkwest Place Unit 5 - Condo photo 24 of 24 in Mississauga, Ontario
active
New Listing
1/24

$799,900 - 1241 Parkwest Place Unit 5, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W12955692
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Mississauga
Locker
Ensuite
Exposure
South
Balcony
Terrace
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Welcome to very spacious 3 story condo townhouse located in great Lakeview neighbourhood. Offering in total of 2400 square feet of living space. 1602 square feet above ground & 801 square feet in the basement.Laminate floors throughout the whole unit. Main level features updated kitchen, combining living/dining area, gas fireplace and wainscotting. Huge 2nd floor Primary bedroom has been joined by 2 smaller bedrooms ( could be converted back if need it).There is 4 piece ensuite bathroom and His & Hers closets. Top floor has vaulted ceilings, skylight, spacious bedroom, den and access to private terrace/rooftop. Finished lower level with walk in large storage room, 3 piece bathroom, utility room with inside access to the underground 2 owned parking spaces.Fenced front south facing patio offers additional space to enjoy the outdoors. Walk to Port Credit, Community Centre, Go Train Station, close to stores, restaurants, quick access to downtown, shopping, lake, schools & highway. Beautiful place to call home and grow your Family.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: Mississauga

Discover Mississauga

Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Mississauga

  • Convenient location in Mississauga
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

John Fraser Secondary SchoolPublic High School
Lorne Park Secondary SchoolPublic High School
St. Francis Xavier Secondary SchoolCatholic High School
Erin Mills Middle SchoolPublic Middle School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1241 Parkwest Place Unit 5, Mississauga

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,466

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $500/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Mississauga Market Insight

Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.

Recently Sold Nearby

Recent sales in Mississauga to help you understand market values

Similar Properties Nearby

Active listings in Mississauga with similar features

Search
Log in