$998,800 - 220 Missinnihe Way Unit 705, Mississauga
Condo for Sale in Mississauga
61 days on marketNeighbourhood: Port Credit
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- MLS Number
- W13649516
- Property Type
- Condo
- Status
- active
- Days on Site
- 61
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Mississauga
- Lot Size
- 308,870 sqft
- Taxes (2026)
- $6,234
- Maintenance Fees
- $818/mo
- Locker
- Owned
- Exposure
- South East
- Balcony
- Enclosed
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to Suite 705, a stunning corner residence at the highly sought-after Brightwater Condos in Port Credit. This exceptionally bright 2-bedroom + den, 2-bathroom suite offers the perfect blend of comfort, style, and modern waterfront living. At approx 1,000 square feet, Suite 705 features a split-bedroom floor plan that maximizes privacy, with the bedrooms separated by the main living area. Floor-to-ceiling perimeter windows and coveted south exposure flood the home with natural light throughout the day, enhancing the airy, open-concept design that seamlessly connects the kitchen, dining, and living spaces. The contemporary kitchen is equipped with built-in appliances, generous counter space, and a central preparation island that doubles as a natural gathering spot for cooking and entertaining. The enclosed den offers valuable flexibility-ideal as a home office or additional guest space. Step outside to the open balcony and enjoy a clear south-facing view toward Lake Ontario, perfect for morning coffee, relaxing after work, or taking in the tranquil surroundings. The primary bedroom provides a peaceful retreat with a walk-in closet and a modern 3-pieceensuite. A spacious second bedroom offers comfort for family or guests, with convenient access to the second full bathroom. In-suite laundry and ample storage throughout add everyday practicality. Beyond your door, Brightwater delivers an exceptional Port Credit lifestyle. You're just moments from the waterfront trails and green spaces, local cafes, restaurants, and boutique shopping, with Farm Boy steps away for daily essentials. Commuters will appreciate easy access to the Port Credit GO Station, Highway 403, and the QEW. Residents also enjoy building amenities, including a fitness centre, party lounge, outdoor terrace with BBQ areas, and beautifully designed communal spaces. Suite 705 offers a rare opportunity to own a bright, corner unit in one of Port Credit's most desirable waterfront communities.
Estimate your monthly payments for this property
Estimated Payment
$5,124.36/mo
Includes CMHC insurance ($27,867)
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 705, 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
Fair Market Value
At $1110/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. The $818/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 900 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.