Village Terraces

Village Terraces at 1150 Parkwest Place in Mississauga's Lakeview neighbourhood is a 12-storey mid-rise apartment condominium completed in 2000. The building comprises roughly 100+ units with a well-established management team. Recent sales have averaged around $570,000, with units typically ranging from 800 to 1,100 square feet. Monthly maintenance fees average approximately $700, or roughly $0.82 per square foot, covering heat, water, hydro, and building insurance. Residents enjoy an extensive amenities package including a concierge, fitness facilities, sauna, multiple party spaces, and on-site car wash services. The location offers convenient access to transit, schools, parks, and Port Credit's shops and restaurants. Before making an offer, prospective buyers should obtain and review the status certificate, reserve fund study, financial statements, by-laws, and board minutes to understand the building's financial health and any upcoming capital projects.