21 Park Street Unit 805, Mississauga

Price: $895,000

3 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13226360

Welcome to TANU - Boutique Luxury in the Heart of Port Credit. This exceptional 2-bedroom + den, 3-bath suite offers modern living with unmistakable lakeside charm. Enjoy west-facing views and a bright, open-concept layout enhanced by smart-home technology and keyless entry. The versatile den is ideal for a home office or guest space. Start your morning with a short walk for coffee, then enjoy the waterfront trails just steps from your door. In the evening, stroll to one of Port Credit's many acclaimed restaurants. From your private balcony, take in views of Lake Ontario and the Credit River - and during festival season, enjoy the music and atmosphere without leaving home. Like to travel? Enjoy the peace of mind that comes with a 24-hour concierge and secure underground parking (license plate recognition). Resort-style amenities include a state-of-the-art fitness & yoga studio, co-working lounge, guest suite, party room, games room, media room, pet spa, car wash, EV charging, and an outdoor terrace with BBQs and a fire pit lounge. Perfectly situated, you're only a 4-minute walk to Port Credit GO Station and minutes to the QEW, offering seamless access to downtown Toronto and beyond. Port Credit is more than a place to live - it's a lifestyle. Discover luxury, convenience, and waterfront living all in one. 1 indoor parking spot, 1 locker. Rogers High Speed Internet & TV (2 cable boxes) included in monthly maintenance fees (approx value $150.00 in savings). Custom Automatic Blinds, Blackout Blind in Primary, Culligan Pure Water System, Upgraded electrical boxes for Ceiling Fans & Lights.

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$895,000 - 21 Park Street Unit 805, Mississauga

Condo for Sale in Mississauga

35 days on market

Neighbourhood: Port Credit

3Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13226360
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
3
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
Royal LePage Real Estate Associates
Description

Welcome to TANU - Boutique Luxury in the Heart of Port Credit. This exceptional 2-bedroom + den, 3-bath suite offers modern living with unmistakable lakeside charm. Enjoy west-facing views and a bright, open-concept layout enhanced by smart-home technology and keyless entry. The versatile den is ideal for a home office or guest space. Start your morning with a short walk for coffee, then enjoy the waterfront trails just steps from your door. In the evening, stroll to one of Port Credit's many acclaimed restaurants. From your private balcony, take in views of Lake Ontario and the Credit River - and during festival season, enjoy the music and atmosphere without leaving home. Like to travel? Enjoy the peace of mind that comes with a 24-hour concierge and secure underground parking (license plate recognition). Resort-style amenities include a state-of-the-art fitness & yoga studio, co-working lounge, guest suite, party room, games room, media room, pet spa, car wash, EV charging, and an outdoor terrace with BBQs and a fire pit lounge. Perfectly situated, you're only a 4-minute walk to Port Credit GO Station and minutes to the QEW, offering seamless access to downtown Toronto and beyond. Port Credit is more than a place to live - it's a lifestyle. Discover luxury, convenience, and waterfront living all in one. 1 indoor parking spot, 1 locker. Rogers High Speed Internet & TV (2 cable boxes) included in monthly maintenance fees (approx value $150.00 in savings). Custom Automatic Blinds, Blackout Blind in Primary, Culligan Pure Water System, Upgraded electrical boxes for Ceiling Fans & Lights.

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Estimated Payment

$4,591.81/mo

Includes CMHC insurance ($24,971)

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5-yr fixed avg.

Principal: $805,500Interest: $547,074
Mortgage Amount$830,471
Total Interest$547,074
Est. Property Tax$634/mo
Total Cost$1,377,544

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 805, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$634
Insurance (est.)-$186
Net Cash Flow+$1,290

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 $895/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 35 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 3 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.

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    21 Park Street Unit 805, Mississauga | $895,000 | Battaglia Team