21 Park Street Unit 506, Mississauga

Price: $619,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13094140

Welcome to TANU Condos in the heart of Port Credit! This bright and spacious 1+Den suite offers 676 sq ft of thoughtfully designed living space, complemented by a rare 80 sq ft west-facing terrace with beautiful lake and river views-perfect for relaxing or entertaining. Featuring 9 ft ceilings and a functional open-concept layout, this sun-filled unit seamlessly blends style and practicality. The modern kitchen is equipped with high-end appliances, including a Fulgur Milano stovetop and Blomberg dishwasher, along with a centre island ideal for hosting. The versatile den with sliding doors can easily function as a home office, nursery, or second bedroom. The spacious primary bedroom features a semi-ensuite 4-piece bath and two closets with custom California Closets organizers. Additional highlights include a security system, water shutoff sensor, and keyless entry via mobile app or fob. Parking and locker included, with the locker conveniently located next to the parking space. Residents enjoy access to premium amenities, including 24-hour concierge, state-of-the-art fitness centre, games room, party room, business centre, pet spa, and visitor parking. Maintenance fees include Rogers Xfinity fibre optic high-speed internet and cable. Ideally located in the highly sought-after Port Credit community, just steps to the GO Station, grocery stores, restaurants, parks, and scenic waterfront trails. A must-see opportunity in one of Mississauga's most vibrant neighbourhoods!

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$619,000 - 21 Park Street Unit 506, Mississauga

Condo for Sale in Mississauga

61 days on market

Neighbourhood: Port Credit

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13094140
Property Type
Condo
Status
active
Days on Site
61
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to TANU Condos in the heart of Port Credit! This bright and spacious 1+Den suite offers 676 sq ft of thoughtfully designed living space, complemented by a rare 80 sq ft west-facing terrace with beautiful lake and river views-perfect for relaxing or entertaining. Featuring 9 ft ceilings and a functional open-concept layout, this sun-filled unit seamlessly blends style and practicality. The modern kitchen is equipped with high-end appliances, including a Fulgur Milano stovetop and Blomberg dishwasher, along with a centre island ideal for hosting. The versatile den with sliding doors can easily function as a home office, nursery, or second bedroom. The spacious primary bedroom features a semi-ensuite 4-piece bath and two closets with custom California Closets organizers. Additional highlights include a security system, water shutoff sensor, and keyless entry via mobile app or fob. Parking and locker included, with the locker conveniently located next to the parking space. Residents enjoy access to premium amenities, including 24-hour concierge, state-of-the-art fitness centre, games room, party room, business centre, pet spa, and visitor parking. Maintenance fees include Rogers Xfinity fibre optic high-speed internet and cable. Ideally located in the highly sought-after Port Credit community, just steps to the GO Station, grocery stores, restaurants, parks, and scenic waterfront trails. A must-see opportunity in one of Mississauga's most vibrant neighbourhoods!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,175.79/mo

Includes CMHC insurance ($17,270)

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5-yr fixed avg.

Principal: $557,100Interest: $378,367
Mortgage Amount$574,370
Total Interest$378,367
Est. Property Tax$438/mo
Total Cost$952,737

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

21 Park Street Unit 506, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$1,243

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

Fair Market Value

At $1032/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 61 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 600 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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    21 Park Street Unit 506, Mississauga | $619,000 | Battaglia Team