Condominium · Lakeview, Mississauga
Village Terraces II Condos1140 Parkwest Place, Mississauga, ON L5E 3K9
A established 12-storey condominium by Goldlist Properties in Lakeview
As of October 2026, Village Terraces II Condos has 3 units for sale from $575K to $620K (median $599K) and 1 for rent at $2,850 a month. Maintenance fees run $735 to $934 a month, and these listings have been on the market for an average of 36 days.
Village Terraces II stands at 1140 Parkwest Place in Lakeview, the southeast Mississauga lakeshore community, as the companion building to the original Village Terraces. Suites range from one bedroom plus den to two bedrooms plus den, appealing to downsizers and couples. Antojitos and Caven's Alley Bar are within about 500 metres, and Dellwood Park, Stonehooker Brewing Company and Lakeshore Foodmart are a short walk away.
- Year Built
- 2002
- Units
- 118
- Floors
- 12
- Suite Sizes
- 657–1,213 ft²
- Asking Now
- $575K–$620K
- Maintenance
- $735–$934/mo
3 units for sale at 1140 Parkwest Place, plus 1 for rent
About Village Terraces II Condos
Completed in 2002 by Goldlist Properties, the 12-storey building has 118 suites from 657 to 1,213 sq ft. Amenities include a concierge, a fitness centre, a sauna, and a party room. Pets are allowed with restrictions.
Village Terraces II is a 12-storey condo at 1140 Parkwest Place, in Mississauga's Lakeview community. Goldlist Properties completed it in 2002. It's the companion to Village Terrace next door, and it holds 118 suites near the waterfront.
Units run from 657 to 1,213 square feet. Layouts are one bedroom plus den or two bedrooms, and some two-bedroom plans add a den as well. Downsizers and couples are common buyers.
Residents share a fitness centre, a sauna and a party room. A meeting room works as a business centre, a concierge is on duty and guests have parking.
Lakeview is changing fast as its old industrial lands turn into a new waterfront district. Lakeshore Road East has independent spots like Stonehooker Brewing and Posta Italbar Cucina. For bigger trips, the Trinity District has a 95,000-square-foot Walmart Supercentre, and Dixie Outlet Mall is nearby. Lakefront Promenade Park and its marinas are close, and the new Jim Tovey Lakeview Conservation Area is being built along the shore. Several public and secondary schools serve the area; confirm catchments by address.
The area touches Toronto's Etobicoke border. The QEW and Lakeshore Road lead into Toronto, and both Dixie GO and Long Branch GO are nearby.
Recent sales are in the Lakeview market report, and more choices are on Mississauga condos for sale.
Unit Types in This Building
| Unit Type | Asking Now | Size | Maint. /ft²/mo |
|---|---|---|---|
| 1 Bed + Den | None listed | — | — |
| 2 Bed | $575K–$620K | 850–1,100 ft² | $0.85–$0.88 |
| 2 Bed + Den | None listed | — | — |
Prices shown are current asking prices for active For Sale listings of that unit type -- not sold prices, and not every unit type has one on the market right now.
$/ft²/mo is each unit type's monthly maintenance fee divided by its size, from this building's current listings only.
Building Amenities
- Concierge / Security Desk
- Party Room
- Visitor Parking
- Sauna
- Gym / Fitness Centre
- Meeting Room / Business Centre
Compiled from amenities reported in this building's past listings. Not an official building amenities list and may be incomplete or out of date -- confirm directly with the condo corporation or property management.
Maintenance fee reflect this building's currently active listings, not an official building-wide figure -- individual units may differ. Data provided by MLS® and should be independently verified; no liability is assumed for any errors or omissions.
Lakeview Neighbourhood
Village Terraces II Condos is located in Lakeview, Mississauga.
See what's nearby -- schools, parks, shopping and transit -- in the map below.
Explore the Lakeview neighbourhood guideWhat’s Nearby
Nearby Schools
Elementary
- Queen of Heaven School501 m · 6 min walk
Dufferin-Peel CDSB — JK-8
- St Dominic Separate School854 m · 11 min walk
Dufferin-Peel CDSB — JK-8
- Janet I. McDougald Public School927 m · 12 min walk
Peel DSB — JK-5
- Allan A Martin Senior Public School1.1 km · 14 min walk
Peel DSB — 6-8
Secondary
- St Paul Secondary School476 m · 6 min walk
Dufferin-Peel CDSB — 9-12
- Cawthra Park Secondary School496 m · 6 min walk
Peel DSB — 9-12
School details come from the Ontario Ministry of Education and the school boards, and may change. Boundaries, programs and grades are set by each board and can change from year to year, so confirm with the board before you buy.
Nearby Amenities
Bar
- Caven's Alley Bar521 m
Community Centre
- The Vietnamese Community Centre of Mississauga;Trung Tâm Cộng Đồng Việt Nam Mississauga610 m
Grocery
- Lakeshore Foodmart697 m
Park
- Dellwood Park627 m
Recreation
- Port Credit Athletics561 m
Restaurant
- Antojitos438 m
- Stonehooker Brewing Company562 m
- Salwaa Shawarma689 m
Village Terraces II Condos Market Snapshot
Live snapshot of this building's own listings -- rentals not included
Bedrooms
Village Terraces II Condos currently has 3 homes for sale, with a median asking price of $599K, averaging 36 days on market. Over the last 24 months, 10 units have sold in the building at a median of $612.5K — selling at 97% of asking price.
Village Terraces II Condos by the numbers
vs Lakeview and Mississauga
At Village Terraces II Condos, the median asking price for condo apartments is $599K, lower than Lakeview ($649K), and higher than Mississauga ($525K).
At Village Terraces II Condos, condo apartments that sold over the last 24 months went for a median of $638 per square foot, higher than Lakeview ($541) and Mississauga ($614).
At Village Terraces II Condos, sales over the last 24 months closed at 97% of the asking price, higher than Lakeview (96%), and about the same as Mississauga (97%).
At Village Terraces II Condos, listings have been on the market for an average of 36 days, shorter than Lakeview (52) and Mississauga (55).
At Village Terraces II Condos, there are 7.2 months of inventory at the recent sales pace, more than Mississauga (6.4).
| Metric | Village Terraces II Condos Live snapshot · sold last 24mo | Lakeview 2026-10-01 · sold last 24mo | Mississauga 2026-10-01 · sold last 24mo |
|---|---|---|---|
| Active Listings | 3 | 31 | 761 |
| Median Asking Price | $599K | $649K | $525K |
| Avg. Days on Market | 36 | 52 | 55 |
| Sold (24mo) | 10 | 116 | 2,740 |
| Median Sold Price | $612.5K | $620K | $520K |
| Median $/sqft (Sold) | $638 | $541 | $614 |
| Sale-to-List Ratio | 97% | 96% | 97% |
| Months of Inventory | 7.2 mo | — | 6.4 mo |
Active Inventory
Active Listings by Unit Type
| Unit Type | Count | Median | Highest | Lowest | Avg. DOM |
|---|---|---|---|---|---|
| 2 Bed | 3 | $599K | $620K | $575K | 36 |
Closed Sales — Last 24 Months
Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.
Frequently Asked Questions
Where is Village Terraces II Condos located?
Village Terraces II Condos is located at 1140 Parkwest Place in the Lakeview neighbourhood of Mississauga, close to the eastern border with Toronto.
Is Village Terraces II Condos good for commuters?
Yes, it is excellent for commuters. It sits near the Toronto-Etobicoke border, offering quick access to the Dixie GO and Long Branch GO stations, as well as driving routes via the QEW and Lakeshore Road.
When was Village Terraces II Condos built and who is the developer?
The building was completed in 2002 by the developer Goldlist Properties.
What size and layouts are the suites in the building?
The building features 118 suites ranging from 657 to 1,213 square feet. Layouts are configured as one-bedroom-plus-den and two-bedroom units, some with a den.
What amenities are available to residents at 1140 Parkwest Place?
Residents have access to a Gym / Fitness Centre, a Sauna, a Party Room, a Meeting Room / Business Centre, a Concierge / Security Desk, and Visitor Parking.
What parks and recreation spaces are located near the building?
The building is close to Lakefront Promenade Park, which features extensive marinas, boardwalks, and beaches, as well as the upcoming Jim Tovey Lakeview Conservation Area.
Similar & Nearby Buildings
Other buildings in this pocket of Lakeview with units on the market right now.
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Village Terrace Condos
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$500k - $619k · Median $535k
Maintenance Fees: $584–$951/mo · Suite Sizes: 627–1,240 ft²
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Maintenance Fees: $733–$1,050/mo · Suite Sizes: 735–1,241 ft²
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Miko Nalepa
Realtor® at The Condo Bar Real Estate · RECO #4737024
Realtor® with Right At Home Realty, Brokerage, covering condos and townhouses in Mississauga, Oakville, Burlington and Milton. More about Miko Nalepa
Building details are approximate and may change. Confirm fees, sizes and availability with the condo corporation before you buy.