
709- 1140 Parkwest Place, Mississauga
Lakeview · Investor guide
$659,000
Estimated Value
$659,000
Based on neighbourhood averages
Cash flow, cap rate & mortgage breakdown
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Listed by Royal Lepage Real Estate Associates, Larose Team
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Based on Lakeview neighbourhood rental data for 2-bed Condo Apartment
Remarks
Welcome to #709- 1140 Parkwest Place, a rare offering of a unique 2-bedroom condo with stunning unobstructed park, lake and skyline views in desirable Lakeview! This completely renovated condo offers a perfect blend of comfort, modern finishes, and lifestyle convenience. Step inside to a bright and welcoming east-facing suite with a thoughtfully designed layout that includes 2 spacious bedrooms, 1.5 bathrooms, an open-concept living and dining spaces, a freshly painted interior and is finished with upgraded light fixtures and custom solar blinds. The stylish modern kitchen is equipped with stainless steel appliances, white shaker cabinetry with pot drawers, black quartz countertops, and a mirrored backsplash- an ideal space for both entertaining and everyday living. The primary bedroom retreat features a walk-in closet with organizer, an additional mirrored storage cabinet, and a private 3-piece ensuite with an acrylic soaker tub and vanity. The versatile second bedroom, currently used as a home office, has wall-to-wall mirrored storage cabinets, offering abundant space for organization. The powder room provides a sleek vanity and storage closet for added functionality. Additional conveniences include ensuite laundry, a large storage closet, and upgraded bathroom wall cabinetry. Enjoy outdoor living on the private balcony with natural gas BBQ hookup and gorgeous views. Nestled in a quiet, well-managed building with 24-hour concierge service, this elegant suite is situated within close proximity to Port Credit and Long Branch GO Stations, lakeside trails, major highways, and the vibrant shops and restaurants of Port Credit Village. With its bright interiors, modern upgrades, and fantastic location, this condo offers a rare opportunity to enjoy comfort and convenience in a peaceful yet connected community.
MississaugaInvestor.ca
709- 1140 Parkwest Place
Condo Apartment · 2bd/2ba · ~950 sqft
$659,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.14%
Monthly Cash Flow
-$1,856/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-15.42%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,033 |
| Property Tax | −$461 |
| Insurance | −$225 |
| Condo Fee | −$797 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$1,856/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$5,536 |
| Insurance | −$2,700 |
| Condo Fee | −$9,564 |
| Annual NOI | $14,120 |
| Cap Rate | 2.14% |
Cash Required to Close
| Down Payment (20%) | $131,800 |
| Ontario Land Transfer Tax | $9,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,455 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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