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$588K · 2 bed Condo Apartment · Lakeview, Mississauga | MyPropertyScout

$588,000

Unit 502

34 DOM

2234d

Map

DOM 34

$588,000

C●●○○○DOM34days

Unit 502

1140 Parkwest Place · Mississauga · Ontario L5E 3K9

MLS® W13190782 · Lakeview · L5E 3K9

22OwnerOccupied800-899 ft²Condo Apartment2-car Underground34d$692/ft²$3,019 tax/yrBuilt 200323 yrs old

4% above market · regional est. · 34 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Located In Mississauga's Desirable Lakeview Community, This Bright And Spacious 2-Bedroom, Condo Offering 2 (Two) Underground Parking Spaces And An Exclusive Locker In A Quiet, Well-Managed Lakeview Community. Thoughtfully Designed Layout Featuring A Separate Dining Area With Walk-Out To A Private Balcony Complete With Gas BBQ Hookup. Open-Concept Kitchen With Breakfast Bar Perfect For Everyday Living And Entertaining. The Primary Bedroom Features A Walk-In Closet And 4-Piece Ensuite. Convenient…

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Property details

MLS#: W13190782
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 800-899
Style: Apartment
Type: Condo Apartment
Year built: —

Property features: Cul de Sac/Dead End, Lake/Pond, Park, Public Transit, School, Place Of Worship

Condo corp #: 675
Balcony: Open
Locker: Exclusive
Fees include: Heat Included, Water Included, Parking Included, CAC Included, Building Insurance Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Cawthra/Lakeshore Rd E
Basement: None
Stories: 5
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: —

Rooms

Room dimensions are not available for this listing.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RIGHT AT HOME REALTY

Source: TRREB/PROPTX · MLS® W13190782

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$588K

Unit 502 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $588,000✓ $3,019 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,297/mo

incl. closing costs (yr 1)

Annual total

$63,561

year 1

Mortgage only

$2,231/mo

principal + interest

Beyond mortgage

$1,921/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$117,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$252/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,880/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$62/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,235

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $26,768/yr

Property taxes18% $11,254/yr

Utilities6% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,880/yr

Condo fees14% $8,999/yr

Closing costs8% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$26,768	$2,231/mo
Government & taxes
Property tax	$3,019	$252/mo
Land transfer tax(closing)	$8,235	$686/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,880	$490/mo
Condo fees
Condo / HOA fees	$8,999	$750/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$63,561	$5,297/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 502

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs