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Listed 3 months ago

5 - 1241 Parkwest Place

Lakeview, Mississauga

$749,000

Condo Townhouse |
2 | 3 | 2 | 1
About this home

This immaculately maintained 3-storey townhouse in the desirable Lakeview community offers approximately 2,400 sq. ft. of living space, including a finished lower level. Conveniently located near transit, the GO Train, QEW, Port Credit waterfront, downtown Toronto, the airport, shops, and the renovated Carmen Corbasson Recreation Facility, it combines comfort and accessibility.The home features laminate flooring throughout, an updated kitchen, and an open-concept living and dining area with a gas fireplace and elegant wainscoting. The spacious second-floor primary bedroom was expanded by combining two smaller bedrooms and includes an ensuite bathroom and large his-and-hers closets, with the option to convert the rooms back if desired. The top floor offers vaulted ceilings, a skylight, a large bedroom, and a den with access to a private rooftop terrace.The finished lower level includes a large walk-in storage room, a 3-piece bathroom, separate entrance, and direct access to two underground parking spaces. A fenced, south-facing front patio provides additional outdoor living space, making this a beautiful family home in a quiet, well-located complex.This location offers the perfect balance of tranquility and accessibility making it a very desirable place to live.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style3-Storey
Approx. Age16-30
Size1600-1799 sq. ft.
Maintenance Fees$648
LockerEnsuite
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$4,187
mls© NumberW13150912
Listed ByRoyal LePage Real Estate Associates
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,834
Property tax
$349
Heat allowance
$150
Condo fees, half counted
$324
Housing costs
$4,657 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $149,800
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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