15 Elizabeth Street Unit 605, Mississauga

Price: $459,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13501306

This spacious 2-bedroom, 1.5-bathroom 902 sq ft unit offers an exceptional layout with abundant natural light and two private balconies featuring south and west exposures - ideal for enjoying sunsets and lake breezes. The thoughtfully designed floor plan includes a large living and dining area with walkout to balcony, perfect for entertaining or relaxing. The updated kitchen complements the space, while new laminate flooring adds a fresh, modern feel throughout. The primary bedroom offers its own private balcony and 2-piece ensuite, creating a comfortable retreat. Generously sized second bedroom, ample storage, and in-suite washer & dryer (installation approved by the Board) add everyday convenience. Parking and locker included. Unbeatable location - just steps to vibrant Port Credit Village, water front trails, parks, restaurants, shops, and the GO Station for effortless commuting. Exceptional value for the size and location. A wonderful opportunity to own in one of Mississauga's most sought-after communities.

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$459,900 - 15 Elizabeth Street Unit 605, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Port Credit

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13501306
Property Type
Condo
Status
active
Days on Site
8
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
ELIXIR REAL ESTATE INC.
Description

This spacious 2-bedroom, 1.5-bathroom 902 sq ft unit offers an exceptional layout with abundant natural light and two private balconies featuring south and west exposures - ideal for enjoying sunsets and lake breezes. The thoughtfully designed floor plan includes a large living and dining area with walkout to balcony, perfect for entertaining or relaxing. The updated kitchen complements the space, while new laminate flooring adds a fresh, modern feel throughout. The primary bedroom offers its own private balcony and 2-piece ensuite, creating a comfortable retreat. Generously sized second bedroom, ample storage, and in-suite washer & dryer (installation approved by the Board) add everyday convenience. Parking and locker included. Unbeatable location - just steps to vibrant Port Credit Village, water front trails, parks, restaurants, shops, and the GO Station for effortless commuting. Exceptional value for the size and location. A wonderful opportunity to own in one of Mississauga's most sought-after communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,359.53/mo

Includes CMHC insurance ($12,831)

$
$
5%10%50%

5-yr fixed avg.

Principal: $413,910Interest: $281,116
Mortgage Amount$426,741
Total Interest$281,116
Est. Property Tax$326/mo
Total Cost$707,858

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 605, 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)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$326
Insurance (est.)-$96
Net Cash Flow+$1,273

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 $511/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.

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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    15 Elizabeth Street Unit 605, Mississauga | $459,900 | Battaglia Team