$3,400/mo - 43 Elmwood Avenue Unit #1, Mississauga
Multi-Family for Rent in Mississauga
Neighbourhood: Port Credit
- MLS Number
- W13257776
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- SUTTON GROUP QUANTUM REALTY INC.
Rare and exceptional opportunity in the heart of Port Credit - brand new luxury two-bedroom, two-bathroom residence within an exclusive low-density fourplex, thoughtfully crafted for those seeking custom-home living with the ease of a premium lease. Enjoy being just a 5-minute walk to the GO Transit station with direct service to downtown Toronto in approximately 17 minutes to Union Station. Boutique shops, acclaimed restaurants, cafés, parks, and the vibrant waterfront lifestyle of Port Credit are all right outside your door. Mentor College around the corner and directly across from Forest Avenue Public School. This residence showcases refined designer finishes and generous proportions throughout. The modern kitchen features stunning Taj Mahal quartz countertops and backsplash, gas stove, built-in dishwasher, and custom cabinetry with full size waterfall island. The open-concept living area includes electric fireplace with porcelain surround providing a warm atmosphere and sophistication and the room flanked with floor to ceiling windows overlooking residential area of walkers-by. Luxury vinyl plank white oak flooring flow seamlessly throughout, complemented by upgraded trim work, solid-core doors, premium hardware, and custom details at every turn. Spa-inspired bathrooms include elegant curbless showers and elevated fixtures, one which is ensuite to primary and one shared. Additional conveniences include full-size in-suite washer and dryer, ample natural light, and the luxury of a brand-new construction home. Custom built by Reign Custom Builders, this is a rare chance to lease a beautifully designed residence in one of Mississauga's most coveted family-friendly neighbourhoods. A residence that feels, functions, and looks like a custom home, with leasing capability, right in the centre of it all. 1 parking included. Furnished Photos are Virtual.
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.
43 Elmwood Avenue Unit #1, Mississauga
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $3,400/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Mississauga. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 29 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.