| Common Elements Included | |
| Parking Included | |
| Condo Taxes Included | |
| None |












































5 - 1241 Parkwest Place
Lakeview, Mississauga
$725,000
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.
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Listing History
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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.
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 checkInvestment Analysis
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