Condo TownhouseListed today

1241 Parkwest Pl #5, Mississauga

Name: 1241 Parkwest Place, Unit 5
SKU: W14145168
Price: 725000 CAD
Availability: InStock

Mississauga, ON · L5E 3J3 · MLS® W14145168Updated November 3, 2026

$725,000Est. $3,562/mo mortgage

Bedrooms: 2
Bathrooms: 3
Living space: 1600–1799sq ft
Parking spaces: 2

Type Condo Townhouse
Garage Yes
Basement Finished

What you should know

1241 Parkwest Pl #5 is a 2-bedroom, 3-bathroom condo townhouse in Mississauga, listed for $725,000. It has 1600-1799 sq ft of living space.

Welcome to a different kind of condo living in the heart of Lakeview.
Offering approximately 2,400 sq. ft. of total living space across four finished levels, this exceptionally spacious townhome delivers the room and functionality of a house with the convenience of condo ownership.
The layout can also beconverted back for buyers requiring an additional bedroom.

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2 Upcoming Open Houses at 1241 Parkwest Pl #5

Drop in during an open house, or book a private viewing at a time that suits you.

Saturday, November 72:00 PM – 4:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)
Sunday, November 82:00 PM – 4:00 PMIn person · no booking neededAdd to Google Calendar (opens in a new tab)Apple / Outlook (.ics)

2 Bed, 3 Bath Condo Townhouse in Mississauga

Unit 5 at 1241 Parkwest Place

Welcome to a different kind of condo living in the heart of Lakeview. Offering approximately 2,400 sq. ft. of total living space across four finished levels, this exceptionally spacious townhome delivers the room and functionality of a house with the convenience of condo ownership. Tucked into a quiet residential community, Unit 5 features an updated kitchen,open-concept living and dining areas, a gas fireplace, elegant wainscoting and a private,fenced south-facing patio-an ideal extension of the main living space.Upstairs, the oversized primary suite was created by combining two bedrooms, providing exceptional space, an ensuite bath and generous his-and-hers closets. The layout can also beconverted back for buyers requiring an additional bedroom. Continue to the top floor and thehome gets even more interesting, with soaring vaulted ceilings, a skylight, an additional bedroom and a versatile den opening directly onto a private rooftop terrace.The finished lower level adds another layer of functionality with a 3-piece bathroom, largewalk-in storage room, separate entrance and direct interior access to TWO underground parking spaces-a rare and incredibly convenient feature.And then there's the location. Set in sought-after Lakeview, you're minutes from the shops,restaurants and waterfront lifestyle of Port Credit, while Lakefront Promenade, neighbourhood parks, trails and the newly renovated Carmen Corbasson Community Centre are all close by.Commuters have convenient access to GO Transit, MiWay service at Cawthra & Atwater, the QEW and Lakeshore Road, making travel into Toronto or throughout Mississauga easy.With approximately 2,400 sq. ft. of total living space, multiple outdoor areas, two underground parking spaces and a flexible multi-level layout, this is an outstanding alternative to both atraditional condo and a much more expensive freehold townhouse. More space. More versatility.And a Lakeview location that continues to get better.

2 bedrooms, 3 bathrooms, about 1,600 sq ft, works out to roughly $453 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.

Inside 1241 Parkwest Pl #5

Every detail from the listing, in one place.

Type: Condo Townhouse
Style: 3-Storey
Living space: 1600-1799 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 3-Storey
Property class: Condo Townhouse

1241 Parkwest Pl #5 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 3, 2026For saleListedThis listingMLS® W14145168$725,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1241 Parkwest Pl #5 Compares to the Mississauga Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 3,813 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Mississauga market, last 90 days

Median sold price: $875,000
Average sold price: $948,746
Average days on market: 34
Homes sold: 2,153

Closed sales on the TRREB MLS®.

Full Mississauga market report

Recently sold nearby in Mississauga

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

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Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 5 — 1241 Parkwest Place 2 bd · 3 ba · 1,600 sqft	$725,000asking	$453	—	—
1127 Haig Boulevard 4 bd · 3 ba · 1,800 sqft
5865 Dalebrook Crescent 3 bd · 2 ba · 1,200 sqft
3020 Cedarglen Gate 3 bd · 1 ba · 1,000 sqft
6635 Clock Court 3 bd · 2 ba · 2,000 sqft
2020 South Millway N/A 3 bd · 2 ba · 1,200 sqft
6540 Falconer Drive 4 bd · 2 ba · 1,400 sqft

1127 Haig Boulevard
4 bd · 3 ba · 1,800 sqft
5865 Dalebrook Crescent
3 bd · 2 ba · 1,200 sqft
3020 Cedarglen Gate
3 bd · 1 ba · 1,000 sqft
6635 Clock Court
3 bd · 2 ba · 2,000 sqft
2020 South Millway N/A
3 bd · 2 ba · 1,200 sqft
6540 Falconer Drive
4 bd · 2 ba · 1,400 sqft

Living in Mississauga: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 1241 Parkwest Pl #5

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,562; 20% down · 25 years · 5.5% assumed
Property tax: $399; 0.66% mill rate · ON
Total per month: $3,961; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

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Estimated monthly payment

$3,562

/mo

based on the purchase price of $725,000

Down payment20%

$145,000 cash

Amortization25 yr

$580,000 financed

Rate5.50%

$488,512 total interest

Principal54%$580,000

Interest46%$488,512

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Listing brokerage: CENTURY 21 ATRIA REALTY INC., BrokerageMLS® W14145168 · Listing data last updated November 3, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Nov 2· $453/sq ft

Estimated monthly mortgage$3,562/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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2 Upcoming Open Houses at 1241 Parkwest Pl #5

Drop in during an open house, or book a private viewing at a time that suits you.

2 Bed, 3 Bath Condo Townhouse in Mississauga