70 Port Street Unit 506, Mississauga

Price: $650,000

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: W13808442

Lakeside living in the heart of Port Credit! Welcome to this beautifully appointed 1 + 1 bedroom, nestled in Port Credit Village, just steps from the lake and surrounded by an incredible selection of restaurants, cafés, shops, parks, trails, and waterfront amenities. Offering style, space, and convenience, this bright unit features over 900 sq ft of thoughtfully designed living space with 9 ft ceilings throughout. A dramatic wall of floor to ceiling windows and oversized sliding glass doors bathe the home in natural light, creating a bright and inviting atmosphere, and are outfitted with custom light filtering roller blinds. The open concept living and dining area offers an effortless flow for everyday living and entertaining, with a seamless connection to the outdoors. The modern kitchen boasts stainless steel appliances, contemporary finishes, and ample functionality. The spacious bedroom comfortably accommodates a king-sized bed and features a generous walk-in closet, creating an inviting retreat to unwind. The enclosed den offers exceptional versatility and privacy, easily adapting to suit your lifestyle, whether envisioned as a second bedroom, dedicated home office, private gym, reading retreat, or additional living space. Step outside onto the spacious east facing balcony, BBQs permitted, offering the perfect setting for morning coffee or relaxing at the end of the day. Inside, the unit features tile and laminate flooring throughout, enhancing the home's clean and contemporary feel. Completing the package, the unit includes one parking space and a storage locker, providing secure parking and convenient additional storage. Located in vibrant Port Credit, close to the waterfront, Lake Ontario, walking and cycling trails, transit, GO Train, restaurants, shopping, parks, and more. Enjoy the best of lakeside living while remaining conveniently connected to everything Mississauga has to offer. Condo amenities include: fitness, party room, garden patio. Pet friendly!

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active
New Listing

$650,000 - 70 Port Street Unit 506, Mississauga

Condo for Sale in Mississauga

New — Listed yesterday

Neighbourhood: Port Credit

2Beds
1Baths
900Sq Ft
Condo

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Property Details
MLS Number
W13808442
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Mississauga
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Lakeside living in the heart of Port Credit! Welcome to this beautifully appointed 1 + 1 bedroom, nestled in Port Credit Village, just steps from the lake and surrounded by an incredible selection of restaurants, cafés, shops, parks, trails, and waterfront amenities. Offering style, space, and convenience, this bright unit features over 900 sq ft of thoughtfully designed living space with 9 ft ceilings throughout. A dramatic wall of floor to ceiling windows and oversized sliding glass doors bathe the home in natural light, creating a bright and inviting atmosphere, and are outfitted with custom light filtering roller blinds. The open concept living and dining area offers an effortless flow for everyday living and entertaining, with a seamless connection to the outdoors. The modern kitchen boasts stainless steel appliances, contemporary finishes, and ample functionality. The spacious bedroom comfortably accommodates a king-sized bed and features a generous walk-in closet, creating an inviting retreat to unwind. The enclosed den offers exceptional versatility and privacy, easily adapting to suit your lifestyle, whether envisioned as a second bedroom, dedicated home office, private gym, reading retreat, or additional living space. Step outside onto the spacious east facing balcony, BBQs permitted, offering the perfect setting for morning coffee or relaxing at the end of the day. Inside, the unit features tile and laminate flooring throughout, enhancing the home's clean and contemporary feel. Completing the package, the unit includes one parking space and a storage locker, providing secure parking and convenient additional storage. Located in vibrant Port Credit, close to the waterfront, Lake Ontario, walking and cycling trails, transit, GO Train, restaurants, shopping, parks, and more. Enjoy the best of lakeside living while remaining conveniently connected to everything Mississauga has to offer. Condo amenities include: fitness, party room, garden patio. Pet friendly!

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Estimate your monthly payments for this property

Estimated Payment

$3,334.84/mo

Includes CMHC insurance ($18,135)

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5-yr fixed avg.

Principal: $585,000Interest: $397,316
Mortgage Amount$603,135
Total Interest$397,316
Est. Property Tax$460/mo
Total Cost$1,000,451

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

70 Port Street Unit 506, Mississauga

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,100

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 $722/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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    70 Port Street Unit 506, Mississauga | $650,000 | Battaglia Team