$649,900 - 39 Stavebank Road Unit 403, Mississauga
Condo for Sale in Mississauga
61 days on marketNeighbourhood: Port Credit
- MLS Number
- W13098200
- Property Type
- Condo
- Status
- active
- Days on Site
- 61
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- eXp Realty
Bright north-east corner suite offering over 1,100 sq. ft. of comfortable living space in the heart of Port Credit. Rarely found in today's condominium market, this thoughtfully designed home features two generously sized bedrooms, spacious principal rooms, 3 season solarium, and a separate private balcony. With only four suites per floor, residents enjoy a quieter and more private living experience while being just steps from Port Credit's vibrant waterfront community. Large windows throughout fill the suite with natural light, creating a warm and inviting atmosphere. The enclosed solarium provides the perfect space for a reading nook, home office, hobby room, or peaceful retreat overlooking the heated outdoor saltwater pool and beautifully landscaped gardens. A separate private balcony offers the ideal setting to enjoy your morning coffee or unwind at the end of the day while taking in views of the pool and manicured grounds. The spacious primary bedroom features a private 2-piece ensuite and double closet, while the generously sized second bedroom easily accommodates guests, family members, or a dedicated home office. In-suite laundry and practical storage add everyday convenience. This exceptionally well-maintained building is known for its cleanliness, pride of ownership, and welcoming community atmosphere. Residents enjoy a guest suite, fitness centre, sauna, rooftop patio, and outdoor heated saltwater pool. Ideally located just steps from Port Credit GO Station, Memorial Park, the Credit River, waterfront trails, marina, boutique shopping, cafés, restaurants, and year-round community events including the Southside Shuffle, Ribfest, and Farmers' Market. Enjoy easy access to the QEW and public transit while embracing one of Mississauga's most sought-after lakeside neighbourhoods. Updated flooring throughout (2025) and newer appliances, washer and dryer (2024) complete this move-in-ready home. Includes one underground parking space and storage locker.
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/mo
Includes CMHC insurance ($18,132)
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.
39 Stavebank Road Unit 403, 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
Competitive Pricing
At $650/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.
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. We'll want to verify the monthly fees and what they include.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.