$1,420,000 - 112 Waterside Drive, Mississauga
Condo for Sale in Mississauga
35 days on marketNeighbourhood: Port Credit
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- MLS Number
- W13737410
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,250 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $10,988
- Maintenance Fees
- $682/mo
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Port Credit Waterfront Luxury ***3 Primary Suites ***4-Car Parking*** Welcome to exceptional waterfront living in the heart of Port Credit! This bright, spacious and beautifully maintained luxury townhome is nestled in an exclusive waterfront community offering an enviable lifestyle just steps from the lake, scenic trails, parks, fine dining and vibrant village entertainment. This home offers exceptional comfort and privacy for families, guests or those looking for flexible living arrangements as it features 3 generous primary suites, each with its own ensuite bath and ample closet space. The main floor is designed for both everyday living and entertaining featuring a spacious eat-in kitchen and family room with fireplace, plus a walkout to your private sun deck-perfect for morning coffee, outdoor dining or relaxing in the fresh air while the bright and spacious living and dining area provides an inviting setting for entertaining family and friends. The lower level offers a versatile den, laundry area and additional storage with convenient walkout access to the 2-car garage and with the additional covered parking outside, there is potential parking for up to 4 vehicles. Location is exceptional... The Port Credit GO Station is just a short walk away offering approximately a 20-minute train ride to downtown Toronto. Enjoy the best of Port Credit right outside your door - from waterfront trails and parks to renowned restaurants, cafés, shops and exciting entertainment. ***Freshly painted and move-in ready, this is a rare opportunity to enjoy spacious luxury, privacy and an exceptional waterfront lifestyle in one of Port Credit's most desirable communities. Live where others come to visit... This is Port Credit waterfront living at its finest!
Estimate your monthly payments for this property
Estimated Payment
$6,281.14/mo
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.
112 Waterside Drive, 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
Competitive Pricing
At $631/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.
Market Position
At 35 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. The $682/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.