$1,749,000 - 60 Lou Parsons Way Drive Unit TH 85, Mississauga
Condo for Sale in Mississauga
New — Listed 5 days agoNeighbourhood: Port Credit
- MLS Number
- W13593726
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,250 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Discover the epitome of waterfront luxury in this exquisite lake-facing townhome, perfectly positioned within the coveted Brightwater community. Offering nearly 2,400 sf of masterfully designed living space, this residence exudes sophistication and modern refinement, complemented by breathtaking views of Lake Ontario. The light-filled main level features an open-concept layout framed by floor-to-ceiling windows, custom hardwood flooring and anchored by a chef-inspired kitchen appointed with premium Bosch appliances, custom cabinetry, and elegant finishes throughout. The expansive primary suite presents panoramic lake views, a spa-like ensuite, and an elevated sense of tranquility. Two additional bedrooms offer refined comfort for family or guests, enhanced by custom hardwood flooring and meticulous craftsmanship at every turn. The third floor presents a versatile space for exercise or entertainment, flowing seamlessly onto a private outdoor terrace. The private rooftop terrace provides a spectacular setting for entertaining or quiet reflection, showcasing sweeping views of the lake and horizon. A double-car garage and parking for five vehicles offer convenience rarely found in such an exclusive waterfront residence. Experience the best of lakeside living, steps from boutique shops, acclaimed restaurants, scenic trails, and just minutes from downtown Toronto. The Brightwater embodies a lifestyle of elegance, distinction, and enduring value in one of the GTA's most desirable waterfront communities.
Estimate your monthly payments for this property
Estimated Payment
$7,736.42/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.
60 Lou Parsons Way Drive Unit TH 85, 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
Competitive Pricing
At $777/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 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.