$2,249,000 - 85 PARK Street, Mississauga
Detached for Sale in Mississauga
Neighbourhood: Port Credit
- MLS Number
- W13637066
- Property Type
- Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Mississauga
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Ideally located just steps from the shops, restaurants and cafés of vibrant downtown Port Credit, as well as the shores of Lake Ontario and the Credit River, this beautifully maintained detached two-storey home offers an exceptional lifestyle in one of Mississauga's most sought-after neighbourhoods and desirable school districts. Custom built and offering over 3750 square feet of total living space, this spacious residence features 4 bedrooms, 3 bathrooms, soaring 9-foot ceilings, rich hardwood flooring and oversized windows that fill the home with natural light. The open-concept layout is ideal for both everyday living and entertaining, highlighted by a well-appointed kitchen with abundant cabinetry, generous counter space and a bright breakfast area overlooking the private backyard. Upstairs, the spacious primary retreat offers dual closets and a luxurious five-piece ensuite, while the convenient second-floor laundry room adds everyday practicality. The finished lower level features a separate entrance, offering excellent potential for a nanny or in-law suite, guest accommodations or future income opportunities. Ample storage throughout ensures every space is both beautiful and practical. Outside, this low maintenance property has professionally landscaped gardens, exceptional curb appeal, while the private backyard is an entertainer's dream, showcasing an expansive stone patio and relaxing hot tub beneath a mature tree canopy. Additional highlights include Smart Home functionality controlling the lighting, blinds, fireplace and HVAC systems, along with LeafFilter gutter protection installed on the upper level for added peace of mind. This is a rare opportunity to own a beautifully appointed family home in one of Mississauga's most coveted communities, just moments from waterfront trails, parks, marinas, top-rated schools and all that Port Credit has to offer.
Estimate your monthly payments for this property
Estimated Payment
$9,948.09/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.
85 PARK Street, 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
Fair Market Value
At $900/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.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Mississauga are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Mississauga. Good resale value as demand remains consistent.
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.