21 Park Street Unit 706, Mississauga

Price: $645,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13410690

Welcome to TANU Boutique Condos, where sophisticated design meets the charm of Port Credit's vibrant waterfront lifestyle. This beautifully appointed 1-bedroom + den suite offers an exceptional opportunity to enjoy luxury lakeside living in one of Mississauga's most desirable communities. Thoughtfully designed with a bright, open-concept layout, the suite features a modern kitchen with sleek finishes, ample storage, and a seamless flow into the living and dining areas. Large windows flood the space with natural light, while the expansive balcony provides stunning southwest views of the lake and parkland-offering a front-row seat to unforgettable sunsets throughout the year. The spacious den is ideal for a home office, creative space, or an additional bedroom, while premium features including automatic blackout blinds, sliding bug screen for patio door, a walk-in closet, a glass-enclosed shower and a large, full height pantry add comfort and convenience to everyday living. Residents enjoy access to an impressive array of first-class amenities, including a 24-hour concierge, state-of-the-art fitness centre, pet spa, car wash, guest suites, party room, games room, and a beautifully designed outdoor terrace complete with BBQs and a fire pit lounge. Rogers Xfinity Fibre Optic High-Speed Internet, Cable and Heat are included in the maintenance fees. Just outside your door, discover the very best of Port Credit, with boutique shopping, award-winning restaurants, waterfront parks, marina, and scenic trails all within walking distance. Easy, convenient access to the GO Station and major highways makes commuting effortless while allowing you to return home to a peaceful lakeside setting. A rare combination of luxury, location, and lifestyle-this is waterfront living at its finest.

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$645,900 - 21 Park Street Unit 706, Mississauga

Condo for Sale in Mississauga

31 days on market

Neighbourhood: Port Credit

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13410690
Property Type
Condo
Status
active
Days on Site
31
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
Royal LePage Real Estate Associates
Description

Welcome to TANU Boutique Condos, where sophisticated design meets the charm of Port Credit's vibrant waterfront lifestyle. This beautifully appointed 1-bedroom + den suite offers an exceptional opportunity to enjoy luxury lakeside living in one of Mississauga's most desirable communities. Thoughtfully designed with a bright, open-concept layout, the suite features a modern kitchen with sleek finishes, ample storage, and a seamless flow into the living and dining areas. Large windows flood the space with natural light, while the expansive balcony provides stunning southwest views of the lake and parkland-offering a front-row seat to unforgettable sunsets throughout the year. The spacious den is ideal for a home office, creative space, or an additional bedroom, while premium features including automatic blackout blinds, sliding bug screen for patio door, a walk-in closet, a glass-enclosed shower and a large, full height pantry add comfort and convenience to everyday living. Residents enjoy access to an impressive array of first-class amenities, including a 24-hour concierge, state-of-the-art fitness centre, pet spa, car wash, guest suites, party room, games room, and a beautifully designed outdoor terrace complete with BBQs and a fire pit lounge. Rogers Xfinity Fibre Optic High-Speed Internet, Cable and Heat are included in the maintenance fees. Just outside your door, discover the very best of Port Credit, with boutique shopping, award-winning restaurants, waterfront parks, marina, and scenic trails all within walking distance. Easy, convenient access to the GO Station and major highways makes commuting effortless while allowing you to return home to a peaceful lakeside setting. A rare combination of luxury, location, and lifestyle-this is waterfront living at its finest.

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Estimated Payment

$3,313.80/mo

Includes CMHC insurance ($18,021)

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5-yr fixed avg.

Principal: $581,310Interest: $394,810
Mortgage Amount$599,331
Total Interest$394,810
Est. Property Tax$458/mo
Total Cost$994,141

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 706, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$458
Insurance (est.)-$135
Net Cash Flow+$1,217

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 $1077/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.

Market Position

At 31 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.

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 706, Mississauga | $645,900 | Battaglia Team