251 Masonry Way Unit 102, Mississauga

Price: $1,499,000

4 bedrooms, 4 bathrooms

2,250 sqft

Property Type: Condo

MLS#: W13522676

Experience modern luxury in Port Credit's prestigious Brightwater community! Unit 102 at The Mason Towns is a stunning 4-storey, 3-bedroom + den, 3.5-bath residence offering 2,263 sq ft of sophisticated living space plus 620 sf of outdoor space! This home is defined by sleek contemporary finishes and vinyl flooring throughout. The gourmet kitchen is a true centrepiece, featuring a large waterfall island with integrated shelving, premium quartz countertops, a matching backsplash, and high-end integrated appliances. Plus, large floor to ceiling windows flood the home with natural light. Unrivaled outdoor living awaits with 4 private spaces, including a ground-floor patio w/gas connection and a spectacular 4th-floor rooftop terrace-your perfect summer oasis! Bonus, you get the best of both worlds! The Mason Towns have access to The Mason Condo building amenities which include: concierge, Co-working lounge, gym, outdoor courtyard with seating, bike & pet wash & bike storage. Brightwater is a vibrant master-planned waterfront community featuring 18 acres of greenspace, scenic trails, and over 300,00 sq ft of retail and dining at your doorstep. Plus private shuttle to Port Credit GO station! Just steps from the lake, parks, trails, Farm Boy, LCBO, restaurants, and everyday conveniences. Discover the ultimate blend of urban style and lakeside serenity.

251 Masonry Way Unit 102 - Condo photo 1 of 16 in Mississauga, Ontario
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$1,499,000 - 251 Masonry Way Unit 102, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Port Credit

4Beds
4Baths
2,250Sq Ft
Condo
Property Details
MLS Number
W13522676
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
4
Square Feet
2,250 sqft
Neighbourhood
Mississauga
Locker
None
Exposure
East West
Balcony
Open
Listing Brokerage
BAKER REAL ESTATE INCORPORATED
Description

Experience modern luxury in Port Credit's prestigious Brightwater community! Unit 102 at The Mason Towns is a stunning 4-storey, 3-bedroom + den, 3.5-bath residence offering 2,263 sq ft of sophisticated living space plus 620 sf of outdoor space! This home is defined by sleek contemporary finishes and vinyl flooring throughout. The gourmet kitchen is a true centrepiece, featuring a large waterfall island with integrated shelving, premium quartz countertops, a matching backsplash, and high-end integrated appliances. Plus, large floor to ceiling windows flood the home with natural light. Unrivaled outdoor living awaits with 4 private spaces, including a ground-floor patio w/gas connection and a spectacular 4th-floor rooftop terrace-your perfect summer oasis! Bonus, you get the best of both worlds! The Mason Towns have access to The Mason Condo building amenities which include: concierge, Co-working lounge, gym, outdoor courtyard with seating, bike & pet wash & bike storage. Brightwater is a vibrant master-planned waterfront community featuring 18 acres of greenspace, scenic trails, and over 300,00 sq ft of retail and dining at your doorstep. Plus private shuttle to Port Credit GO station! Just steps from the lake, parks, trails, Farm Boy, LCBO, restaurants, and everyday conveniences. Discover the ultimate blend of urban style and lakeside serenity.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

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5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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

251 Masonry Way Unit 102, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,160/mo
Range: $3,536 - $4,784
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,160
Maintenance Fees-$1,463
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$1,323

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

Competitive Pricing

At $666/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Mississauga's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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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    251 Masonry Way Unit 102, Mississauga | $1,499,000 | Battaglia Team