15 Elizabeth Street Unit 305, Mississauga

Price: $419,450

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13130856

Location, Location! Corner End Unit.902 square feet. Plus 154 Square feet on 2 balconies. First owner in building 1974. Quiet , spacious 2-bedroom, 2-bathroom condo in the heart of Port Credit, offering a desirable south-west view in a boutique-style building. Yes over 900 square feet of living space with outdoor living space of a futher 154 Square ft, included with the 2 private balconies, perfect for enjoying indoor-outdoor living space. Just steps to the St. Lawrence Park, nestled steps to Lake Ontario. While the interior is somewhat original, with a few upgrades, it's well-kept. Move in as-is or update it to reflect your own personal style and add instant value. The stunning sunken living area that is 21 x 11 feet & opens to a private balcony where BBQs, Ensuite Laundry, is permitted. Spacious Open Eat In Kitchen has a clear view to the separate dining rm & is also overlooing the living rm. The Main Bathroom is a renovated 3 piece. The Master has a ensuite & a south view balcony.The building has a digital security system, radiant gas heating, and a quiet boutique atmosphere. Unbeatable location just steps to the GO Train, major highways, coming-soon LRT, shops, restaurants, waterfront trails, and marina.An exceptional opportunity to own a condo in one of Mississauga's most sought-after elegant lakeside living in Port Credit.The building is pet-friendly and wheelchair accessible. Amenities include: a party room & upgraded laundry room, with a new gym in-planning. Maintenance fees cover all utilities (water, heat, hydro)Located in one of the GTA's most desirable neighbourhoods, close to top-rated schools, Port Credit Library, parks, and transit right at your doorstep. Steps to restaurants, nightlife, Snug Harbor, the Port Credit Lighthouse, Credit River, and the Waterfront within walking distance.Whether you're a first-time buyer, downsize, or investor, this is a rare chance to own in one of Mississauga's most desirable water community know for its walkability.

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$419,450 - 15 Elizabeth Street Unit 305, Mississauga

Condo for Sale in Mississauga

54 days on market

Neighbourhood: Port Credit

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13130856
Property Type
Condo
Status
active
Days on Site
54
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
SKYBOUND REALTY
Description

Location, Location! Corner End Unit.902 square feet. Plus 154 Square feet on 2 balconies. First owner in building 1974. Quiet , spacious 2-bedroom, 2-bathroom condo in the heart of Port Credit, offering a desirable south-west view in a boutique-style building. Yes over 900 square feet of living space with outdoor living space of a futher 154 Square ft, included with the 2 private balconies, perfect for enjoying indoor-outdoor living space. Just steps to the St. Lawrence Park, nestled steps to Lake Ontario. While the interior is somewhat original, with a few upgrades, it's well-kept. Move in as-is or update it to reflect your own personal style and add instant value. The stunning sunken living area that is 21 x 11 feet & opens to a private balcony where BBQs, Ensuite Laundry, is permitted. Spacious Open Eat In Kitchen has a clear view to the separate dining rm & is also overlooing the living rm. The Main Bathroom is a renovated 3 piece. The Master has a ensuite & a south view balcony.The building has a digital security system, radiant gas heating, and a quiet boutique atmosphere. Unbeatable location just steps to the GO Train, major highways, coming-soon LRT, shops, restaurants, waterfront trails, and marina.An exceptional opportunity to own a condo in one of Mississauga's most sought-after elegant lakeside living in Port Credit.The building is pet-friendly and wheelchair accessible. Amenities include: a party room & upgraded laundry room, with a new gym in-planning. Maintenance fees cover all utilities (water, heat, hydro)Located in one of the GTA's most desirable neighbourhoods, close to top-rated schools, Port Credit Library, parks, and transit right at your doorstep. Steps to restaurants, nightlife, Snug Harbor, the Port Credit Lighthouse, Credit River, and the Waterfront within walking distance.Whether you're a first-time buyer, downsize, or investor, this is a rare chance to own in one of Mississauga's most desirable water community know for its walkability.

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Estimate your monthly payments for this property

Estimated Payment

$2,152.00/mo

Includes CMHC insurance ($11,703)

$
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5-yr fixed avg.

Principal: $377,505Interest: $256,391
Mortgage Amount$389,208
Total Interest$256,391
Est. Property Tax$297/mo
Total Cost$645,599

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

15 Elizabeth Street Unit 305, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$297
Insurance (est.)-$87
Net Cash Flow+$1,311

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 $466/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.

Negotiation Opportunity

At 54 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    15 Elizabeth Street Unit 305, Mississauga | $419,450 | Battaglia Team