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New3 hours ago

5 - 1241 Parkwest Place

Lakeview, Mississauga

$725,000

Condo Townhouse |
2 | 3 | 2 | 0
About this home

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.

Extras

No extras listed.

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  • Sat, Nov 7

    2:00 PM – 4:00 PM

  • Sun, Nov 8

    2:00 PM – 4:00 PM

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Got questions?

Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size1600-1799 sq. ft.
Maintenance Fees$648
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$4,187
mls© NumberW14145168
Listed ByCENTURY 21 ATRIA REALTY INC.
Common Elements Included
Parking Included
Condo Taxes Included
None

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,711
Property tax
$349
Heat allowance
$150
Condo fees, half counted
$324
Housing costs
$4,534 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $145,000
25-yr amortization

Income needed

$140,000

gross annual household income

Payment at 4%
$3,051 / mo
Cash down
$145,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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