$1,699,900 - 46 Bay Street, Mississauga
Detached for Sale in Mississauga
New — Listed yesterdayNeighbourhood: Port Credit
- MLS Number
- W13615688
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to lakeside living in the heart of Port Credit Village. Just steps from Lake Ontario and the Credit River, this charming, character-filled family home offers an exceptional lifestyle in one of Mississauga's most desirable neighbourhoods. Originally built in 1910 and completely rebuilt in 2008, this home beautifully blends timeless charm with modern comfort. A stunning great room addition boasts soaring 16' cathedral ceilings, creating a bright and inviting living space. The chef's kitchen features a large centre island, custom built-in bar, and walk-out to the stunning backyard. The kitchen blends seamlessly into the spacious family room, perfect for everyday living and entertaining. The main floor also offers a formal dining room with a beautiful stone fireplace, a welcoming living room, and a full bathroom. Upstairs features three generous bedrooms, a full bathroom, and a walk-out to the second-level balcony overlooking this picturesque neighbourhood. Set on a rare 66' wide lot, the private backyard features a tiered composite deck, stone patio, gazebo, mature trees, and beautifully landscaped gardens. Ideally located in the heart of Port Credit Village, you're just steps to Port Credit Harbour Marina, PCYC, boutique shopping, acclaimed dining, waterfront parks, trails, and year-round festivals. Walk to top-rated schools and the GO Station, with just a 24-minute commute to downtown Toronto. Impeccably maintained with outstanding curb appeal, this home also features a covered front porch, detached garage, lush gardens, and timeless architectural details throughout. The basement offers storage, a bright laundry room, and bonus space. An extensive list of updates since the 2008 rebuild is available upon request. A rare opportunity to own a truly distinctive home in one of the GTA's most sought-after waterfront communities.
Estimate your monthly payments for this property
Estimated Payment
$7,519.23/mo
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.
46 Bay Street, 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 $1133/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.
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.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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.
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.