Village Terraces II Condos
A established 12-storey condominium by Goldlist Properties in Lakeview
Current listings include 1-bedroom + den condo apartments from $485.0K and 2-bedroom condo apartments from $575.0K–$620.0K.
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2002
118 units - 12 floors
657–1,213 ft²
$485.0K–$620.0K
$734.51–$934.35/mo
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.
Completed in 2002 by Goldlist Properties, Village Terraces II Condos is a 12-storey condominium building situated at 1140 Parkwest Place in Mississauga's Lakeview neighbourhood. Known as a companion development to the nearby Village Terrace Condos, this mid-rise development offers 118 individual residences close to the scenic waterfront.
Suites here range from 657 to 1,213 square feet, accommodating a variety of household sizes. Floor plans are designed as one-bedroom-plus-den and two-bedroom layouts, some with a den. Buyers looking at Mississauga condos for sale will find functional, spacious configurations in this established building.
Residents at 1140 Parkwest Place enjoy a reliable selection of building amenities. The property features a Gym / Fitness Centre, a Sauna, a Party Room, a Meeting Room / Business Centre, a Concierge / Security Desk, and dedicated Visitor Parking.
The surrounding community is explored in detail within our Lakeview neighbourhood guide, which details the area's transition into an innovative waterfront hub. Local shopping is concentrated along Lakeshore Road East, featuring independent spots like Stonehooker Brewing Company and Posta Italbar Cucina, alongside a 95,000-square-foot Walmart Supercentre at the Trinity District and the nearby Dixie Outlet Mall. Outdoor amenities are abundant, with Lakefront Promenade Park's marinas and the upcoming Jim Tovey Lakeview Conservation Area nearby. Students are served by Allan A. Martin Senior Public School, Gordon Graydon Memorial Public School, and Cawthra Park Secondary School.
The building is highly convenient for commuters, bordering Toronto's Etobicoke boundary. Drivers can quickly access downtown Toronto via the QEW and Lakeshore Road, while transit users benefit from proximity to both the Dixie GO and Long Branch GO stations.
Errors & omissions: information here — including specifications, unit sizes, amenities, addresses and neighbourhood details — is provided for general informational purposes only and is subject to change without notice. Buyers and interested parties should verify all details independently with the developer, builder or relevant authorities before making any decisions.
Building Details
Goldlist Properties
Pets Allowed With Restrictions
Village Terraces 905-274-9790
PCC 675
$/ft²/mo is each unit type's monthly maintenance fee divided by its size, from this building's current listings only.
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.
Building Amenities
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.
Who This Building May Suit
Its smaller, more attainable unit sizes make it a practical entry point for first-time buyers. With 6 amenities and 2-bedroom-and-up floor plans, it suits downsizers wanting more space without a house to maintain.
Before you buy, it's worth understanding what a status certificate review covers for this specific building.
Lakeview Neighbourhood
Village Terraces II Condos is located in Lakeview, Mississauga.
See what's nearby -- schools, parks, shopping and transit -- in the map below, or explore the Lakeview neighbourhood guide.
Nearby Schools
Elementary
- Queen of Heaven School501 m · 6 min walk
Dufferin-Peel CDSB
- St Dominic Separate School854 m · 11 min walk
Dufferin-Peel CDSB
- Janet I. McDougald Public School927 m · 12 min walk
Peel DSB
- Allan A Martin Senior Public School1.1 km · 14 min walk
Peel DSB
- St. James Catholic Global Learning Centr1.3 km · 16 min walk
Dufferin-Peel CDSB
Secondary
- DPCDSB - PAULS Summer School476 m · 6 min walk
Dufferin-Peel CDSB
- St Paul Secondary School476 m · 6 min walk
Dufferin-Peel CDSB
- Cawthra Park Secondary School496 m · 6 min walk
Peel DSB
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 4 homes for sale, with a median asking price of $587.0K, averaging 46 days on market. Over the last 24 months, 9 units have sold in the building at a median of $620.0K — selling at 97% of asking price (based on a small number of sales).
Village Terraces II Condos vs Lakeview vs Mississauga
| Metric | Village Terraces II Condos Live snapshot · sold last 24mo | Lakeview 2026-09-01 · sold last 24mo | Mississauga Sold last 24mo |
|---|---|---|---|
| Active Listings | 4 | 39 | — |
| Median Asking Price | $587.0K | $650.0K | — |
| Avg. Days on Market | 46 | 51 | — |
| Sold (24mo) | 9 | 120 | — |
| Median Sold Price | $620.0K | $620.0K | — |
| Median $/sqft (Sold) | $645 | $541 | — |
| Sale-to-List Ratio | 97% | 97% | — |
| Months of Inventory | 10.7 mo | 16.7 mo | — |
Active Inventory
Active Listings by Unit Type
| Unit Type | Count | Median | Highest | Lowest | Avg. DOM |
|---|---|---|---|---|---|
| 1 Bed + Den | 1 | $485.0K | $485.0K | $485.0K | 55 |
| 2 Bed | 3 | $599.0K | $620.0K | $575.0K | 42 |
Closed Sales — Last 24 Months
Based on a small number of sales (9) — figures may not reflect the broader market.
9 sold in the last 24 months · median $620.0K · 97% of asking (based on a small number of sales — 9)
Market statistics are aggregate estimates compiled from TRREB (Toronto Regional Real Estate Board) MLS® data via the PropTx IDX/VOW feed. Deemed reliable but not guaranteed accurate, provided for general informational purposes only, and not a substitute for a professional appraisal, inspection, or investment advice. No liability is assumed for any errors or omissions.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
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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1150 Parkwest Place
$530k - $729k · Median $535k
Maintenance Fees: $584–$1,066/mo · Suite Sizes: 627–1,240 ft²
Building Features: 123 units · 12 floors · Built 2001
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Maintenance Fees: $278/mo
For Rent: $2,580 - $2,580/mo
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1100 Caven Street Condos
1100 Caven Street
For Sale: $419k - $579k · Median $540k
Maintenance Fees: $713–$1,180/mo · Suite Sizes: 600–1,399 ft²
For Rent: $2,500 - $2,500/mo
Building Features: 161 units · 14 floors · Built 1976
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Rise at Stride Condos
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For Sale: $599k - $1.0M · Median $836k
Maintenance Fees: $600–$1,050/mo · Suite Sizes: 735–1,241 ft²
For Rent: $3,000 - $4,000/mo · Median $3,500/mo
Building Features: 132 units · 12 floors · Built 2024
Miko Nalepa
Realtor® at The Condo Bar Real Estate
With 15+ years in the GTA West market, Miko Nalepa is a Realtor® with Right At Home Realty, Brokerage, specializing in condos, townhouses, and detached homes across Mississauga, Oakville, Burlington, and Milton. The focus stays deliberately narrow -- four cities, not a Toronto-wide practice -- because that's what it takes to know individual buildings and blocks, not just neighbourhood names.
Miko Nalepa is also the creator of The Condo Bar, the data platform behind this site, tracking building-level sales history and live market reports across 450+ GTA West condo buildings so every recommendation starts with what comparable units actually closed for, not asking price.
All building details, amenities, pricing, and listing information on this page are deemed reliable but not guaranteed, and may change without notice. This page is provided for general information purposes only and does not constitute legal, financial, or professional advice. Buyers are responsible for independently verifying all information, including unit availability, pricing, fees, and building specifications, before making any decisions. No liability is assumed for any errors or omissions.