$535,000 - 15 Elizabeth Street Unit 801, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Port Credit
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- MLS Number
- W13761012
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $3,296
- Maintenance Fees
- $1,195/mo
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- HOUSESIGMA INC.
Beautifully updated !Rare waterfront views! Two balconies! Unbeatable Port Credit lifestyle. Welcome to lakeside living at its best- This bright and airy 2-bedroom corner suite offers a rare combination of unobstructed views of Lake Ontario, the Port Credit marina, and the iconic lighthouse-bringing the beauty of the waterfront right into your home. Enjoy stunning sunrises over the water and golden-hour evenings from two private balconies, the perfect spots for morning coffee, an evening glass of wine, or simply relaxing and taking in the view. Inside, the beautifully updated kitchen features quartz countertops, stainless steel appliances, and a stylish backsplash, opening to a spacious, light-filled living area. A versatile flex space can easily be customized as a home office, dining area, or cozy reading nook. Two generously sized bedrooms and two renovated bathrooms offer comfort and privacy, complemented by modern wood floors and convenient ensuite laundry. This move-in-ready home also includes underground parking and a private storage locker. Even better, maintenance fees include heat, hydro, and water, making monthly budgeting simple. For commuters, Port Credit GO Station and the future Hurontario LRT are just minutes away. And when the workday is done, enjoy the best of Port Credit right outside your door-waterfront trails, parks, shops, restaurants, cafés, and vibrant community.
Estimate your monthly payments for this property
Estimated Payment
$2,744.83/mo
Includes CMHC insurance ($14,927)
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 801, 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 $594/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 28 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 $1195/month fees should cover building insurance, common elements, and reserve contributions.
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.