The Condo Bar Real Estate
Village Terrace Condos view

Condominium · Lakeview, Mississauga

Village Terrace Condos1150 Parkwest Place, Mississauga, ON L5E 3K4

Lakeview condos — a dynamic, rapidly evolving neighbourhood situated…

As of October 2026, Village Terrace Condos has 4 units for sale from $499.9K to $619K (median $535K). Maintenance fees run $584 to $951 a month, and these listings have been on the market for an average of 45 days.

4 Listings$499.9K–$619KListings updated Oct 14, 7:02 PM EDT
Nearby on the map

Village Terrace Condos sits at 1150 Parkwest Place in Mississauga's Lakeview neighbourhood — a 12-storey condominium with 123 suites, built in 2001 and developed by Goldlist Properties. The lifestyle in Lakeview is transitioning from a quiet, established suburban feel to an innovative, modern waterfront community. See what's for sale and for rent, plus full building info, below.

Year Built
2001
Units
123
Floors
12
Suite Sizes
627–1,240 ft²
Asking Now
$499.9K–$619K
Maintenance
$584–$951/mo

4 units for sale at 1150 Parkwest Place

Current listings at Village Terrace Condos include 1-bedroom + den condo apartments from $499.9K–$535K and 2-bedroom condo apartments from $619K.

About Village Terrace Condos

The building has suites from 627 to 1,240 sq ft. Amenities include a concierge, a fitness centre, a party room, and a games room. Pets are allowed with restrictions.

Village Terrace is a 12-storey Goldlist Properties condominium at 1150 Parkwest Place, completed in 2001 in Lakeview, near the border with Mineola and Port Credit. It has 123 suites and sits beside its sister building, Village Terraces II, on a quiet cul-de-sac off Cawthra Road.

Suites are one-bedroom, one-plus-den and two-bedroom plans of roughly 630 to 1,240 square feet. The larger two-bedroom units are a common choice for downsizers from nearby Mineola and Lakeview houses, and the smaller ones for first-time buyers who want to be near Port Credit without paying village prices. There's a gym, a party room, a games and billiards room and a BBQ area, with a concierge and security desk and visitor parking. The corporation permits pets within its limits.

Peel Condominium Corporation 640 is managed by Canadian Properties Operator Management. At about twenty-five years old, the building will be scheduling larger items such as windows and hallway updates; the reserve study and budget show how they'll be paid for.

Dellwood Park is about 600 metres away, and a local brewery, a neighbourhood bar and a fitness gym are within a similar distance. Antojitos, Salwaa Shawarma and Lakeshore Foodmart are a short walk along Lakeshore Road East, and the Vietnamese Community Centre of Mississauga is nearby. Port Credit's village core, marina and waterfront parks are a few minutes west, the QEW is close, and Port Credit's GO station is only a few minutes away by car. The cul-de-sac setting keeps traffic noise low, which owners often mention as a reason they stay.

Also nearby is 680 Atwater Avenue. For more, see Mississauga condos for sale.

Unit Types in This Building

Unit TypeAsking NowSizeMaint. /ft²/mo
1 BedNone listed——
1 Bed + Den$499.9K–$535K650–750 ft²$0.90–$0.94
2 Bed$619K1,100 ft²$0.86

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
  • BBQ Area
  • Gym / Fitness Centre
  • Games Room / Billiards

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 Terrace Condos is located in Lakeview, Mississauga.

See what's nearby -- schools, parks, shopping and transit -- in the map below.

Explore the Lakeview neighbourhood guide

What’s Nearby

Nearby Schools

Elementary

Secondary

All Mississauga schools →

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 Bar583 m

Community Centre

  • The Vietnamese Community Centre of Mississauga;Trung Tâm Cộng Đồng Việt Nam Mississauga680 m

Grocery

  • Lakeshore Foodmart737 m

Park

  • Dellwood Park569 m

Recreation

  • Port Credit Athletics618 m

Restaurant

  • Antojitos511 m
  • Stonehooker Brewing Company622 m
  • Salwaa Shawarma729 m

Village Terrace Condos Market Snapshot

Live snapshot of this building's own listings -- rentals not included

Bedrooms

Village Terrace Condos currently has 4 homes for sale, with a median asking price of $535K, averaging 45 days on market. Over the last 24 months, 6 units have sold in the building at a median of $539.4K — selling at 98% of asking price (based on a small number of sales).

Village Terrace Condos by the numbers

vs Lakeview and Mississauga

At Village Terrace Condos, the median asking price for condo apartments is $535K, lower than Lakeview ($649K), and about the same as Mississauga ($525K).

At Village Terrace Condos, listings have been on the market for an average of 45 days, shorter than Lakeview (52) and Mississauga (55).

At Village Terrace Condos, there are 16.0 months of inventory at the recent sales pace, more than Mississauga (6.4).

MetricVillage Terrace Condos
Live snapshot · sold last 24mo
Lakeview
2026-10-01 · sold last 24mo
Mississauga
2026-10-01 · sold last 24mo
Active Listings431761
Median Asking Price$535K$649K$525K
Avg. Days on Market455255
Sold (24mo)61162,740
Median Sold Price$539.4K$620K$520K
Median $/sqft (Sold)$653$541$614
Sale-to-List Ratio98%96%97%
Months of Inventory16.0 mo—6.4 mo

Active Inventory

Active Listings by Unit Type

Unit TypeCountMedianHighestLowestAvg. DOM
1 Bed + Den3$534.9K$535K$499.9K42
2 Bed1$619K$619K$619K55

Closed Sales — Last 24 Months

Recently Sold6 soldin the last 24 monthsMedian $539.4K, 98% of asking. Based on a small number of sales (6). See the address, photos and exact sale price for every recent transaction, free with a registered account.

Based on a small number of sales (6) — figures may not reflect the broader market.

Aggregate estimates from TRREB MLS® data (PropTx feed). Deemed reliable but not guaranteed, and not an appraisal. Full terms.

Frequently Asked Questions

Tell me about Village Terrace Condos.

Village Terrace Condos is a 12-storey condominium with 123 suites at 1150 Parkwest Place in Lakeview, Mississauga, completed in 2001 by Goldlist Properties.

Where is Village Terrace Condos located?

It's at 1150 Parkwest Place in the Lakeview neighbourhood of Mississauga. It borders Toronto (Etobicoke), making it highly appealing for commuters.

Are there units available at Village Terrace Condos right now?

The live listings on this page show every unit currently for sale and for rent at Village Terrace Condos, updated through the day. If nothing's listed at the moment, reach out and I'll set up an alert for the next one.

What amenities does Village Terrace Condos have?

Village Terrace Condos offers Concierge / Security Desk, Party Room, Visitor Parking, BBQ Area, Gym / Fitness Centre and Games Room / Billiards.

What shops and restaurants are near Village Terrace Condos?

Shopping is centralized along Lakeshore Road East, home to local eateries and independent shops such as Stonehooker Brewing Company and Posta Italbar Cucina, alongside essential services. The new Trinity District at Lakeview brought a 95,000-square-foot Walmart Supercentre in 2025, and the Dixie Outlet Mall is nearby for larger retail needs.

What parks and green space are near Village Terrace Condos?

Parks are a major highlight. Lakefront Promenade Park is one of the largest waterfront parks in the city, offering extensive marinas, boardwalks, splash pads, and sandy beaches.

Miko Nalepa

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.