$990,000 - 251 Masonry Way Unit 5, Mississauga
Condo for Sale in Mississauga
Popular ListingNeighbourhood: Port Credit
- MLS Number
- W13679886
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- BAKER REAL ESTATE INCORPORATED
Experience modern luxury in Port Credit's prestigious Brightwater community! Unit 5 at The Mason Towns is a beautifully designed 4-storey, 2-bedroom, 2.5-bath residence offering 1,393 sq ft of stylish living space, complemented by 263 sq ft of outdoor space. This home is defined by sleek contemporary finishes and vinyl flooring throughout. The Kitchen features premium quartz countertops w/ matching backsplash, kitchen island and high-end integrated appliances including French door refrigerator. Plus, floor to ceiling windows allow for natural light throughout main floor. Each bedroom occupies its own private floor (second and third floors) offering spacious bedroom suites complete with 4 pc ensuites and walk-in closets- creating two beautifully appointed private retreats. Enjoy two private outdoor spaces, including a ground-floor patio and a private 4th-floor rooftop terrace. The Mason Towns residents have access to The Mason Condo building amenities, including Concierge, Co-working Lounge, Gym, Outdoor Courtyard with seating, Bike & Pet Wash, and Bike Storage. Brightwater is a vibrant master-planned waterfront community featuring 18 acres of greenspace, scenic trails, and over 300,000 sq ft of retail and dining at your doorstep. Enjoy a private shuttle to Port Credit GO Station, plus being just steps from the lake, parks, trails, Farm Boy, LCBO, restaurants, and everyday conveniences. Discover the ultimate blend of urban style and lakeside serenity.. Maintenance fees include: internet and parking maintenance fees.
Estimate your monthly payments for this property
Estimated Payment
$5,079.21/mo
Includes CMHC insurance ($27,621)
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.
251 Masonry Way Unit 5, Mississauga
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Rental income estimator & ROI calculator
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 $825/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.
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.
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.
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.
Investment Perspective
Looking at this as an investment: Mississauga properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,125 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.