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For saleNew listingMLS® W14145168

1241 Parkwest Place 5, Mississauga, ON L5E 3J3

Lakeview · L5E 3J3

$725,000

+ $648/mo maintenance$453 / sq ft

Listed yesterday

Bedrooms
2+1
Bathrooms
3
Interior
1,600 sf
Parking
2

What's special

  • Underground parking
  • Terrace
  • South exposure
  • Central air
  • Finished basement
  • Fireplace
  • Pets with restrictions
  • Common elements, Parking included

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About this property

Welcome to a different kind of condo living in the heart of Lakeview. Offering approximately 2,400 sq. ft. of total living space across four finished levels, this exceptionally spacious townhome delivers the room and functionality of a house with the convenience of condo ownership. Tucked into a quiet residential community, Unit 5 features an updated kitchen,open-concept living and dining areas, a gas fireplace, elegant wainscoting and a private,fenced south-facing patio-an ideal extension of the main living space.Upstairs, the oversized primary suite was created by combining two bedrooms, providing exceptional space, an ensuite bath and generous his-and-hers closets. The layout can also beconverted back for buyers requiring an additional bedroom. Continue to the top floor and thehome gets even more interesting, with soaring vaulted ceilings, a skylight, an additional bedroom and a versatile den opening directly onto a private rooftop terrace.The finished lower level adds another layer of functionality with a 3-piece bathroom, largewalk-in storage room, separate entrance and direct interior access to TWO underground parking spaces-a rare and incredibly convenient feature.And then there's the location. Set in sought-after Lakeview, you're minutes from the shops,restaurants and waterfront lifestyle of Port Credit, while Lakefront Promenade, neighbourhood parks, trails and the newly renovated Carmen Corbasson Community Centre are all close by.Commuters have convenient access to GO Transit, MiWay service at Cawthra & Atwater, the QEW and Lakeshore Road, making travel into Toronto or throughout Mississauga easy.With approximately 2,400 sq. ft. of total living space, multiple outdoor areas, two underground parking spaces and a flexible multi-level layout, this is an outstanding alternative to both atraditional condo and a much more expensive freehold townhouse. More space. More versatility.And a Lakeview location that continues to get better.

Rooms

8 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain4.04 × 2.54 m13.3 × 8.3 ftStainless Steel Appl · Tile Floor · Quartz Counter
Living RoomMain4.57 × 3.00 m15.0 × 9.8 ftLaminate · Gas Fireplace · Combined w/Dining
Dining RoomMain3.20 × 3.00 m10.5 × 9.8 ftLaminate · Wainscoting · Combined w/Living
Primary BedroomSecond5.66 × 4.27 m18.6 × 14.0 ftLaminate · 4 Pc Ensuite · Closet
Bedroom 2Third3.76 × 2.44 m12.3 × 8.0 ftLaminate · Large Window
DenThird2.70 × 1.57 m8.9 × 5.2 ftLaminate · W/O To Terrace · Skylight
RecreationBasement6.10 × 2.74 m20.0 × 9.0 ftLaminate · 3 Pc Bath · Closet
Utility RoomBasement4.11 × 2.74 m13.5 × 9.0 ftLaundry Sink · W/O To Garage · Vinyl Floor

Features

  • None

Property details

Property

Property type
condo townhouse
Bedrooms
2 + 1
Bathrooms
3
Interior size
1,600 sq ft
Possession
90 Days

Interior

Basement
Finished
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
South
Balcony
Terrace

Exterior & services

Construction
Brick
Garage
Underground
Parking spaces
2

Condominium

Corporation
518 PCC
Property manager
Wave Condominium & Property Management
Pets
Yes-with Restrictions
Fee includes
Common Elements Included, Parking Included, Condo Taxes Included, None

Costs

List price
$725,000
Property taxes
$4,187 / year (2026)
Maintenance fee
$648 / month
Price per sq ft
$453
Rental items
HWT - $80.79 a month

Listing

MLS® number
W14145168
Status
For sale
Listed
November 3, 2026
Days on market
1
Last updated
November 4, 2026
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 41% of comparable condo townhouse listings in Lakeview are asking less.

$638KMedian $800K$1.06M
This home
$453 / sq ft
Comparable median
$686 / sq ft

Based on 17 comparable active condo townhouse listings in Lakeview. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.6% · minimum $47,500
$47,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,746.01
Property tax (est.)
$348.93
Maintenance fee
$648.33
Estimated monthly
$4,743

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$10,975
Total due on closing
$10,975

An estimate on the asking price of $725,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 ATRIA REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$725,000

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