$2,250,000 - 55 Port Street Unit 101, Mississauga
Condo for Sale in Mississauga
New — Listed todayNeighbourhood: Port Credit
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- MLS Number
- W14124766
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Mississauga
- Taxes (2026)
- $15,133
- Maintenance Fees
- $2,016/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE REGIONAL REALTY LTD.
Welcome to Suite 101 at 55 Port Street East, an exclusive boutique waterfront residence by FRAM + Slokker in the heart of Port Credit. This ENERGY STAR certified building offers anintimate residential setting, while this south-facing 2 Bedroom + Den suite features approx.1,830 sq. ft. of beautifully designed interior living space, engineered hardwood flooring, 3 bathrooms and an impressive 506 sq.ft. private terrace with spectacular unobstructed views of Lake Ontario.The open-concept Living and Dining rooms feature floor-to-ceiling windows, plenty of natural light and a walkout to the terrace, creating a wonderful space for everyday living and entertaining. The terrace is equipped with a gas line for a BBQ and water bib. The modern galley-style Kitchen features premium Miele appliances including a 5-burner gas cooktop, built-in oven, convection oven, dishwasher and refrigerator, complemented by contemporary cabinetry and accent lighting. The Primary Bedroom features a walk-in closet, terrace walkout and spa-inspired 5-piece ensuite with Bagno Italia soaker tub, walk-in shower, his & her vanities with accent lighting and LED touch mirrors. The second bedroom offers its own walk-in closet and private 3-piece ensuite. A spacious foyer with built-in closet, 2-piece powder room and separate Den complete the layout. Enjoy a wonderful waterfront setting with direct building access to St. Lawrence Park and the Waterfront Trail along Lake Ontario. Walk to Port Credit's restaurants, cafés, shops, marina and GO Station. Includes 2 tandem underground parking spaces with EV charging rough-in and a private locker conveniently located at the parking space. Pet-friendly with restrictions, Dog Wash and concierge service. A rare opportunity to enjoy the space and comfort of a home, the convenience of condominium living and the waterfront lifestyle of Port Credit.
Estimate your monthly payments for this property
Estimated Payment
$9,952.51/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.
55 Port Street Unit 101, 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
Premium Pricing
At $1250/sqft, this property is priced above the Mississauga average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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. The $2016/month fees should cover building insurance, common elements, and reserve contributions.
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 3 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.