10 Lou Parsons Way Unit 1, Mississauga

Price: $1,729,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Condo

MLS#: W13743006

TH 01 at 30 Lou Parson's Way, is one of the largest and most sought after corner residence within the vibrant Brightwater community. Offering an impressive 2527 sf of interior space plus 698 sf of private outdoor terraces, this thoughtfully designed 3 bed + flex townhome blends modern architecture with timeless finishes Designed for contemporary living, the home features 10ft ceilings, floor-to-ceiling windows and wide plank hardwood flooring throughout. The open concept layout allows for seamless flow between living, dining, and kitchen spaces. At the heart of the home is a beautifully appointed chef inspired kitchen featuring premium Bosch and Fisher & Paykel integrated appliances, gas cooktop, sleek cabinetry, large kitchen island and quartz counters. The kitchen opens seamlessly into the living and dining areas, where an elegant electric fireplace anchors the living room. From here, step directly out to a private ground floor terrace, creating an effortless indoor outdoor living experience. The primary bedroom features a spa-like 5 pc ensuite complete with a luxurious wet room with free standing soaker tub and shower for a true hotel inspired experience. Two additional bedrooms and well appointed bathroom provide comfort and flexibility for family or guests. The third floor features a versatile and grand flex room, ideal for a home office, gym, lounge, or additional family area. This level opens directly onto a large wrap around outdoor terrace perfect for both entertainment or relaxation. Additional: large private garage with parking for 3-4 vehicles. This is your chance to enjoy a vibrant waterfront lifestyle just steps from Lake Ontario, with access to trails, parks, cafés, restaurants, and everyday conveniences (Mercatto, Farm Boy, LCBO, Rexall & more) Plus a rare resident only shuttle to Port Credit GO Station provides seamless connectivity for your every day needs.

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active
New Listing
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$1,729,000 - 10 Lou Parsons Way Unit 1, Mississauga

Condo for Sale in Mississauga

New — Listed 2 days ago

Neighbourhood: Port Credit

4Beds
4Baths
2,500 - 2,999Sq Ft
Condo

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Property Details
MLS Number
W13743006
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
BAKER REAL ESTATE INCORPORATED
Description

TH 01 at 30 Lou Parson's Way, is one of the largest and most sought after corner residence within the vibrant Brightwater community. Offering an impressive 2527 sf of interior space plus 698 sf of private outdoor terraces, this thoughtfully designed 3 bed + flex townhome blends modern architecture with timeless finishes Designed for contemporary living, the home features 10ft ceilings, floor-to-ceiling windows and wide plank hardwood flooring throughout. The open concept layout allows for seamless flow between living, dining, and kitchen spaces. At the heart of the home is a beautifully appointed chef inspired kitchen featuring premium Bosch and Fisher & Paykel integrated appliances, gas cooktop, sleek cabinetry, large kitchen island and quartz counters. The kitchen opens seamlessly into the living and dining areas, where an elegant electric fireplace anchors the living room. From here, step directly out to a private ground floor terrace, creating an effortless indoor outdoor living experience. The primary bedroom features a spa-like 5 pc ensuite complete with a luxurious wet room with free standing soaker tub and shower for a true hotel inspired experience. Two additional bedrooms and well appointed bathroom provide comfort and flexibility for family or guests. The third floor features a versatile and grand flex room, ideal for a home office, gym, lounge, or additional family area. This level opens directly onto a large wrap around outdoor terrace perfect for both entertainment or relaxation. Additional: large private garage with parking for 3-4 vehicles. This is your chance to enjoy a vibrant waterfront lifestyle just steps from Lake Ontario, with access to trails, parks, cafés, restaurants, and everyday conveniences (Mercatto, Farm Boy, LCBO, Rexall & more) Plus a rare resident only shuttle to Port Credit GO Station provides seamless connectivity for your every day needs.

Mortgage Calculator

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Estimated Payment

$7,647.95/mo

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5-yr fixed avg.

Principal: $1,383,200Interest: $911,185
Mortgage Amount$1,383,200
Total Interest$911,185
Est. Property Tax$1,225/mo
Total Cost$2,294,385

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.

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Neighbourhood Guide: Port Credit

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

Port Credit Secondary SchoolPublic High School
St. Paul Secondary SchoolCatholic High School
Forest Avenue Public SchoolPublic Elementary
St. Dominic Catholic SchoolCatholic Elementary

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.

85
Walk Score
$700K - $3.5M
Price Range

10 Lou Parsons Way Unit 1, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,360/mo
Range: $3,706 - $5,014
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,360
Maintenance Fees-$1,625
Property Tax (est.)-$1,225
Insurance (est.)-$360
Net Cash Flow+$1,150

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $692/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    10 Lou Parsons Way Unit 1, Mississauga | $1,729,000 | Battaglia Team