50 Coveside Drive Unit 35, Mississauga

Price: $1,379,900

3 bedrooms, 4 bathrooms

1,800 sqft

Property Type: Condo

MLS#: W13703120

This Beautiful Luxury Executive Home Located in Prestigious Lakefront Brightwater Community in Port Credit is Sure to Impress. The "Terrace Model" Features a Modern 1945 SF Design Featuring 3 Beds + Den, 4 Baths, Large Loft/Office/Bed Option Area, Rare 3 Car Parking with 2 Car Garage + 1 Car Driveway Parking & Patio & Terrace Features that are sure to Impress in Prime Lakefront Community. Greeted by a Contemporary Elevation, Walk into a Open Concept Main Floor with Designer Finishes, 10 Ft Ceilings, Wide Plank Hardwood, Large Floor to Ceiling Windows, Electric Blinds, Stunning Kitchen with Bosch and Fisher & Paykel integrated appliances, including a 5-burner gas cooktop, Panel Ready & Built In Fridge & Dishwasher, Built In SS Appliances, Gas Cooktop Range, Quartz Counters & Backsplash Slab, Contemporary Oak Stairs with Glass Railings & Large Sliding Glass Doors to Access of the Patio Areas. The 2nd Floor Features a Large Primary Bedroom with Large His & Her Walk in Closet & This Model Features Upgraded 5Pc Spa Inspired Ensuite with Wet Room Beautifully Finished with Glass Enclosed Showers, Premium Porcelains, Double Vanity with Elegant Millwork + Additional Large Bedroom with Own 4Pc Ensuite + Laundry/Utility Room on 2nd Floor for Convenience. The 3rd Floor Features a Large Loft Area with Same Quality Finishes and Materials with Large Sliding Glass Doors to Another Patio/Sitting Terrace and Additional Bedroom + 4 Pc Bath. Various Upgrades and Stunning Model Design with Modern Contemporary Finishes Throughout in Prime Location in Mississauga's Stunning Brightwater's Waterfront Port Credit Community. Maintenance Includes High Speed Internet, Residential Shuttle Bus to GO Station, Plant/Landscape Watering & Maintenance, Waste Collection & Yearly Exterior Window Cleaning providing Great Convenience. Steps to the Lake, Scenic trails, Lakefront access, Boutique & Large Retail Shops, Restaurants, GO Station, Great Schools, Major Highway Access & Much More. A Must See!

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active
New Listing
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$1,379,900 - 50 Coveside Drive Unit 35, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Port Credit

3Beds
4Baths
1,800Sq Ft
Condo
Property Details
MLS Number
W13703120
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
4
Square Feet
1,800 sqft
Neighbourhood
Mississauga
Locker
Ensuite+Owned
Exposure
East
Balcony
Terrace
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

This Beautiful Luxury Executive Home Located in Prestigious Lakefront Brightwater Community in Port Credit is Sure to Impress. The "Terrace Model" Features a Modern 1945 SF Design Featuring 3 Beds + Den, 4 Baths, Large Loft/Office/Bed Option Area, Rare 3 Car Parking with 2 Car Garage + 1 Car Driveway Parking & Patio & Terrace Features that are sure to Impress in Prime Lakefront Community. Greeted by a Contemporary Elevation, Walk into a Open Concept Main Floor with Designer Finishes, 10 Ft Ceilings, Wide Plank Hardwood, Large Floor to Ceiling Windows, Electric Blinds, Stunning Kitchen with Bosch and Fisher & Paykel integrated appliances, including a 5-burner gas cooktop, Panel Ready & Built In Fridge & Dishwasher, Built In SS Appliances, Gas Cooktop Range, Quartz Counters & Backsplash Slab, Contemporary Oak Stairs with Glass Railings & Large Sliding Glass Doors to Access of the Patio Areas. The 2nd Floor Features a Large Primary Bedroom with Large His & Her Walk in Closet & This Model Features Upgraded 5Pc Spa Inspired Ensuite with Wet Room Beautifully Finished with Glass Enclosed Showers, Premium Porcelains, Double Vanity with Elegant Millwork + Additional Large Bedroom with Own 4Pc Ensuite + Laundry/Utility Room on 2nd Floor for Convenience. The 3rd Floor Features a Large Loft Area with Same Quality Finishes and Materials with Large Sliding Glass Doors to Another Patio/Sitting Terrace and Additional Bedroom + 4 Pc Bath. Various Upgrades and Stunning Model Design with Modern Contemporary Finishes Throughout in Prime Location in Mississauga's Stunning Brightwater's Waterfront Port Credit Community. Maintenance Includes High Speed Internet, Residential Shuttle Bus to GO Station, Plant/Landscape Watering & Maintenance, Waste Collection & Yearly Exterior Window Cleaning providing Great Convenience. Steps to the Lake, Scenic trails, Lakefront access, Boutique & Large Retail Shops, Restaurants, GO Station, Great Schools, Major Highway Access & Much More. A Must See!

Mortgage Calculator

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Estimated Payment

$6,103.76/mo

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5-yr fixed avg.

Principal: $1,103,920Interest: $727,209
Mortgage Amount$1,103,920
Total Interest$727,209
Est. Property Tax$977/mo
Total Cost$1,831,129

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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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

50 Coveside Drive Unit 35, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$977
Insurance (est.)-$287
Net Cash Flow+$966

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 $767/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.

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.

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.

Bathroom Count Matters

With 4 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.

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    50 Coveside Drive Unit 35, Mississauga | $1,379,900 | Battaglia Team