$1,399,000 - 20 Lou Parsons Way Unit 13, Mississauga
Condo for Sale in Mississauga
43 days on marketNeighbourhood: Port Credit
- MLS Number
- W13168666
- Property Type
- Condo
- Status
- active
- Days on Site
- 43
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,800 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- REAL ONE REALTY INC.
5 Elite Picks! Here Are 5 Reasons To Make This Home Your Own: 1. Spacious Kitchen Boasting Modern Cabinetry, Large Centre Island/Breakfast Bar, Quartz Countertops & High End B/I Stainless Steel Appliances. 2. Bright & Beautiful Open Concept Living Area with Patio Door W/O to Amazing Oversized Balcony/Terrace with Convenient Natural Gas Hook-up... Fabulous Outdoor Space for BBQ & Entertaining! 3. 2 Bedrooms, 2 Full Baths, Convenient Laundry Closet & Open Den/Office Area on 2nd Level, with 2nd/Guest Bedroom Featuring Private 4pc Ensuite. 4. Stunning 3rd Level Boasting Amazing Primary Bedroom Suite with His & Hers Closets, 5pc Ensuite & Versatile Flex Space - Ideal for Office, Workout Area, Entertainment Space, Nursery & More - with W/O to 2nd Private Terrace! 5. Amazing Port Credit Location Where Residents Can Enjoy Brightwater's Vibrant Waterfront Lifestyle with Scenic Trails, Lakefront Access & Nearby Amenities Including Boutique Shops, Cafes & Restaurants, Parks, Port Credit Marina, and Many More Amenities... Along with a Resident-Only Shuttle to Nearby Port Credit GO Station! All This & More! 1,945 Sq.Ft. of Living Space on 3 Finished Levels... Plus 429 Sq. Ft. of Outdoor Terrace Space! Lovely Dining Area & 2pc Powder Room Complete the Main Level. Soaring 10' Ceilings on Main Level / 9' Ceilings on 2nd & 3rd Levels! Oversized Windows Throughout the Home Providing Loads of Natural Light! Hardwood Flooring Thru All 3 Levels! Attached 2 Car Tandem Garage with Convenient Access to the Home. ** Maintenance Fee Covers Exterior Maintenance, Snow Removal, Lawn Care, Exterior Window Cleaning (Once per Year), Garbage/Recycling Collection & Internet
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/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.
20 Lou Parsons Way Unit 13, 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 $777/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 43 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.
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.