$688,000 - 70 Port Street Unit 605, Mississauga
Condo for Sale in Mississauga
- MLS Number
- W12732084
- Property Type
- Condo
- Status
- active
- Days on Market
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- City
- Mississauga
This rare penthouse corner suite offers exceptional light, privacy, and space in the heart of Port Credit. With soaring 10-foot ceilings and expansive windows on multiple exposures, the unit is filled with natural light throughout the day, creating an airy and uplifting atmosphere. Positioned above the surrounding buildings, the sixth-floor setting provides a quiet, elevated feel. The well-designed layout features two spacious bedrooms, a full bathroom, and an impressive amount of storage ideal for comfortable, clutter-free living. A bright, welcoming home that combines style, function, and an unbeatable location. 70 Port Street East is a well-managed boutique building in the heart of Port Credit, one of Mississauga's most desirable waterfront communities. Just steps from the lake, waterfront trails, marina, restaurants, cafés, and local shops, this location offers an exceptional walkable lifestyle. With easy access to the GO Station, public transit, and major highways, residents enjoy the perfect balance of small-town charm and big-city convenience. One parking spot is included - a 2nd parking spot is available for purchase or lease by a 3rd party.
Discover Mississauga
Mississauga is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mississauga
- •Convenient location in Mississauga
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mississauga offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
70 Port Street Unit 605, 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 25+ years of GTA real estate experience
Fair Market Value
At $860/sqft, this property is priced in line with current Mississauga market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 800 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.
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 $2,867 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.