$998,000 - 1 Hurontario Street Unit 601, Mississauga
Condo for Sale in Mississauga
33 days on marketNeighbourhood: Port Credit
- MLS Number
- W13237230
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Whether you're looking to downsize in style or upgrade your lifestyle, this exceptional residence delivers the perfect balance of luxury, comfort, and space. Boasting over 1,200 square feet of refined executive living, this stunning two-bedroom, two-bathroom suite features an expansive open-concept living and dining area with rich hardwood floors and ample room for full-sized furnishings-including a proper dining table, perfect for entertaining. Step out from the living room onto your private balcony and unwind with a glass of wine while enjoying serene views stretching toward Lake Ontario.The spacious primary retreat is designed for relaxation, complete with a walk-in closet, spa-inspired four-piece ensuite, and custom oversized built-in wardrobes. The second bedroom is flooded with natural light through floor-to-ceiling windows, making it an ideal guest room, home office, or creative space. A separate den provides the perfect quiet retreat for reading, working, or simply escaping the day's demands.For those who appreciate a true chef's kitchen, this one is sure to impress. Forget cramped galley layouts-this spectacular kitchen offers abundant cabinetry, stainless steel appliances, extensive counter space, and an oversized breakfast bar that spans the entire length of the room. Designed for both everyday living and effortless entertaining, it's a standout feature of the home. A welcoming formal entryway sets the tone from the moment you arrive, adding an extra touch of elegance and sophistication rarely found in condominium living. This is a residence that lives more like a home-spacious, stylish, and thoughtfully designed throughout. A truly exceptional opportunity that must be seen to be fully appreciated.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Waterfront Living at Its Finest
Port Credit is Mississauga's premier waterfront community, offering stunning Lake Ontario views and a vibrant village atmosphere. This sought-after neighbourhood combines urban amenities with natural beauty, featuring a bustling marina, eclectic restaurants, and beautiful waterfront parks. The area has undergone significant revitalization, making it one of the most desirable addresses in the GTA.
Why Live in Port Credit
- •Direct access to Lake Ontario waterfront and marina
- •Award-winning restaurants and local boutiques
- •Port Credit GO Station for easy Toronto commuting
- •Active arts and culture scene
- •Year-round festivals and community events
Nearby Schools
Transit & Commuting
- •Port Credit GO Station - 25 minutes to Union Station
- •MiWay bus connections throughout Mississauga
- •Waterfront Trail for cycling
- •15-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Port Credit Marina
- •J.C. Saddington Park
- •Port Credit Memorial Park
- •Waterfront Trail
- •Local cinema and performance venues
Lifestyle & Community
Port Credit offers an enviable waterfront lifestyle with the convenience of urban living. Residents enjoy morning walks along the lake, dining at acclaimed restaurants, and weekend sailing. The area attracts young professionals, families, and retirees who appreciate the active, social atmosphere.
1 Hurontario Street Unit 601, Mississauga
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $832/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Mississauga Market Insight
Mississauga continues to mature as a city with its own identity. The LRT expansion, growing downtown core, and Square One development are driving appreciation. Transit access is excellent with MiWay, GO Transit, and soon the Hurontario LRT. Many of my clients find they rarely need to commute to Toronto for entertainment or dining anymore.
About Port Credit
I know Port Credit well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.