215 Lakeshore Road Unit 207, Mississauga

Price: $498,888

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W12922756

Discover 207-215 Lakeshore Rd W., a stunning 1-bedroom plus den, 1-bath condo in Brightwater I. This boutique unit blends contemporary finishes with an open-concept design and abundant natural light from floor-to-ceiling windows. The modern kitchen features stainless steel appliances, sleek cabinetry, and a movable 5-foot island ideal for cooking and entertaining. The living area opens to a 114 sq. ft. private balcony, perfect for outdoor lounging. The flexible den works well as a home office or dining nook, and the roomy primary bedroom offer sample storage with large mirrored closets. A stylish four-piece bathroom completes the suite. Included are an underground EV parking stall and a private locker for added convenience and value. Located in one of Mississauga's most desirable neighborhoods, you're steps from Farm Boy, Loblaws, Cobs, the LCBO, banks, salons, and top restaurants. Enjoy waterfront trails, scenic parks, and Port Credit's vibrant main strip within walking distance. Commuting is easy with Brightwater's shuttle to Port Credit GO, nearby public transit, and quick access to the QEW. Don't miss this opportunity to move into waterfront living at Brightwater.

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$498,888 - 215 Lakeshore Road Unit 207, Mississauga

Condo for Sale in Mississauga

103 days on market

Neighbourhood: Port Credit

2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W12922756
Property Type
Condo
Status
active
Days on Site
103
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Discover 207-215 Lakeshore Rd W., a stunning 1-bedroom plus den, 1-bath condo in Brightwater I. This boutique unit blends contemporary finishes with an open-concept design and abundant natural light from floor-to-ceiling windows. The modern kitchen features stainless steel appliances, sleek cabinetry, and a movable 5-foot island ideal for cooking and entertaining. The living area opens to a 114 sq. ft. private balcony, perfect for outdoor lounging. The flexible den works well as a home office or dining nook, and the roomy primary bedroom offer sample storage with large mirrored closets. A stylish four-piece bathroom completes the suite. Included are an underground EV parking stall and a private locker for added convenience and value. Located in one of Mississauga's most desirable neighborhoods, you're steps from Farm Boy, Loblaws, Cobs, the LCBO, banks, salons, and top restaurants. Enjoy waterfront trails, scenic parks, and Port Credit's vibrant main strip within walking distance. Commuting is easy with Brightwater's shuttle to Port Credit GO, nearby public transit, and quick access to the QEW. Don't miss this opportunity to move into waterfront living at Brightwater.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,559.55/mo

Includes CMHC insurance ($13,919)

$
$
5%10%50%

5-yr fixed avg.

Principal: $448,999Interest: $304,948
Mortgage Amount$462,918
Total Interest$304,948
Est. Property Tax$353/mo
Total Cost$767,866

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

215 Lakeshore Road Unit 207, 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)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,418

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 $998/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 103 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 500 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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    215 Lakeshore Road Unit 207, Mississauga | $498,888 | Battaglia Team