49 Queen Street Unit 301, Mississauga

Price: $565,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13483794

Welcome to 49 Queen Street East in the heart of Port Credit. This charming and nicely updated 3-bedroom, 2-bathroom home offers the perfect blend of character and modern convenience. The recently renovated kitchen features a stylish and functional space for everyday living and entertaining. Bright, inviting living areas, spacious bedrooms, and thoughtful updates throughout make this home move-in ready. Ideally located just steps from Port Credit's vibrant waterfront, shops, restaurants, parks, GO Transit, and the new LRT - this is a rare opportunity to enjoy one of Mississauga's most sought-after communities at a great price-point.

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$565,000 - 49 Queen Street Unit 301, Mississauga

Condo for Sale in Mississauga

Popular Listing

Neighbourhood: Port Credit

3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13483794
Property Type
Condo
Status
active
Days on Site
13
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Mississauga
Locker
Exclusive
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Welcome to 49 Queen Street East in the heart of Port Credit. This charming and nicely updated 3-bedroom, 2-bathroom home offers the perfect blend of character and modern convenience. The recently renovated kitchen features a stylish and functional space for everyday living and entertaining. Bright, inviting living areas, spacious bedrooms, and thoughtful updates throughout make this home move-in ready. Ideally located just steps from Port Credit's vibrant waterfront, shops, restaurants, parks, GO Transit, and the new LRT - this is a rare opportunity to enjoy one of Mississauga's most sought-after communities at a great price-point.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,898.74/mo

Includes CMHC insurance ($15,764)

$
$
5%10%50%

5-yr fixed avg.

Principal: $508,500Interest: $345,359
Mortgage Amount$524,264
Total Interest$345,359
Est. Property Tax$400/mo
Total Cost$869,623

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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Know your exact budget before you start house hunting.

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

49 Queen Street Unit 301, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$400
Insurance (est.)-$118
Net Cash Flow+$1,592

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 $565/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.

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.

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.

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 $2,354 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    49 Queen Street Unit 301, Mississauga | $565,000 | Battaglia Team