$935,000 - 220 Missinnihe Way Unit 507, Mississauga
Condo for Sale in Mississauga
Neighbourhood: Port Credit
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- MLS Number
- W13794942
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $5,614
- Maintenance Fees
- $879/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- Avenue Group Realty Inc.
**Rare Find at Brightwater II - 2 Car Parking, South Facing, Open Concept Split-Bedroom Design, Waterfront Living in Port Credit** Welcome to this exceptional 2 Bedroom + Den suite at Brightwater II, one of Port Credit's most sought-after waterfront addresses. This rarely offered unit comes with the added bonus of 2 parking spaces and a locker - a true rarity in the neighborhood. The thoughtfully designed split-bedroom layout offers privacy and flexibility, ideal for families, professionals, or downsizers alike. A south exposure and floor-to-ceiling windows throughout flood the open-concept living space with natural light all day long, while designer accent walls in the living room and both bedrooms add a stylish, contemporary touch. Laminate flooring runs throughout the suite, offering a clean, carpet-free finish that's both modern and low-maintenance. The modern kitchen is a true showpiece, outfitted with high-end, built-in appliances, quartz countertops, and sleek cabinetry - perfect for everyday living and effortless entertaining. The versatile den provides the ideal space for a home office, nursery, or reading nook. Building amenities include a 24-hour concierge, fitness center, co-working lounge, party room - resort-style living right at home. Steps to the Port Credit waterfront, trails, and marina, with premium retailers just outside your door including Farm Boy, LCBO, Rexall, BMO, and Cobs Bread. Enjoy easy access to the Port Credit GO Station (with resident shuttle), the QEW, and downtown Toronto - everything you need, right at your doorstep. A rare opportunity to own a meticulously kept, move-in-ready suite in one of Mississauga's most vibrant waterfront communities. Don't miss it!
Estimate your monthly payments for this property
Estimated Payment
$4,797.03/mo
Includes CMHC insurance ($26,087)
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.
220 Missinnihe Way Unit 507, 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
Premium Pricing
At $1169/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 20 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. The $879/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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.
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.
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.