
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.
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 Type | Asking Now | Size | Maint. /ft²/mo |
|---|---|---|---|
| 1 Bed | None listed | — | — |
| 1 Bed + Den | $499.9K–$535K | 650–750 ft² | $0.90–$0.94 |
| 2 Bed | $619K | 1,100 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 guideWhat’s Nearby
Nearby Schools
Elementary
- Queen of Heaven School470 m · 6 min walk
Dufferin-Peel CDSB — JK-8
- St Dominic Separate School806 m · 10 min walk
Dufferin-Peel CDSB — JK-8
- Janet I. McDougald Public School885 m · 11 min walk
Peel DSB — JK-5
- Allan A Martin Senior Public School1.1 km · 13 min walk
Peel DSB — 6-8
Secondary
- St Paul Secondary School402 m · 5 min walk
Dufferin-Peel CDSB — 9-12
- Cawthra Park Secondary School417 m · 5 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 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).
| Metric | Village Terrace Condos Live snapshot · sold last 24mo | Lakeview 2026-10-01 · sold last 24mo | Mississauga 2026-10-01 · sold last 24mo |
|---|---|---|---|
| Active Listings | 4 | 31 | 761 |
| Median Asking Price | $535K | $649K | $525K |
| Avg. Days on Market | 45 | 52 | 55 |
| Sold (24mo) | 6 | 116 | 2,740 |
| Median Sold Price | $539.4K | $620K | $520K |
| Median $/sqft (Sold) | $653 | $541 | $614 |
| Sale-to-List Ratio | 98% | 96% | 97% |
| Months of Inventory | 16.0 mo | — | 6.4 mo |
Active Inventory
Active Listings by Unit Type
| Unit Type | Count | Median | Highest | Lowest | Avg. DOM |
|---|---|---|---|---|---|
| 1 Bed + Den | 3 | $534.9K | $535K | $499.9K | 42 |
| 2 Bed | 1 | $619K | $619K | $619K | 55 |
Closed Sales — Last 24 Months
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.
Similar & Nearby Buildings
Other buildings in this pocket of Lakeview with units on the market right now.

View Building
Village Terraces II Condos
1140 Parkwest Place
For Sale: $575k - $620k · Median $599k
Maintenance Fees: $735–$934/mo · Suite Sizes: 657–1,213 ft²
For Rent: $2,850 - $2,850/mo
Building Features: 118 units · 12 floors · Built 2002

View Building
680 Atwater Avenue
680 Atwater Avenue
For Sale: $669k - $669k
Maintenance Fees: $278/mo
For Rent: $2,580 - $2,580/mo

View Building
1100 Caven Street Condos
1100 Caven Street
$400k - $540k · Median $470k
Maintenance Fees: $713–$1,180/mo · Suite Sizes: 600–1,399 ft²
Building Features: 161 units · 14 floors · Built 1976

View Building
Rise at Stride Condos
1063 Douglas McCurdy Common
$650k - $1.0M · Median $849k
Maintenance Fees: $733–$1,050/mo · Suite Sizes: 735–1,241 ft²
Building Features: 132 units · 12 floors · Built 2024
More Buildings in Lakeview
Every other condo and townhouse building we cover in Lakeview, Mississauga.
- 1100 Caven Street Condos
- 1485 Lakeshore Road E
- 1535 Lakeshore Road E Condos
- 363 Lakeshore Road E
- 760 Lakeshore Road E
- Haig Blvd Townhouses
- Rise at Stride Condos
- Stride Towns
- The Fairways Condos
- Village Terraces II Condos

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.



