$499,999 - 15 Elizabeth Street Unit 704, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Port Credit
- MLS Number
- W13463652
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
Elegant Lakeside Living In Port Credit, Experience Refined Living In This Quiet, Spacious 3-Bedroom, 1.5 Bath Condo Just Steps From The Lake And A 2-Minute Walk To The GO Station. The Stunning Living Area Opens To A Private Balcony Where BBQs Are Permitted. The Open-Concept Kitchen Features GE Stainless Steel Appliances, Granite Countertops, And A Large Pantry With Extensive Custom-Made Durable Cabinetry. All Living And Dining Room Furniture Is Included. All 3 Bedrooms Feature IKEA Built-In Cabinetry Along With Additional Cabinets In The Hallway Offering Plenty Of Storage. The Unit Includes Newly Installed Windows (2025). The Primary Suite Offers A Walk-In Closet, Upgraded Ensuite (2022), Enclosed In-Suite New Laundry (2026), And A Sun-Filled Private Balcony. The Unit Includes 1 Parking Space And An Exclusive Locker. The Building Is Pet-Friendly And Wheelchair Accessible. Amenities Include A Party Room And 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 Harbour, The Port Credit Lighthouse, Credit River, And The Waterfront. Sellers Are Highly Motivated To Sell The Unit ASAP!
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
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.
15 Elizabeth Street Unit 704, 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 $500/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 15 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.
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.
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.