$499,000 - 15 Elizabeth Street Unit 704, Mississauga
Condo for Sale in Mississauga
72 days on market- MLS Number
- W12958714
- Property Type
- Condo
- Status
- active
- Days on Site
- 72
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Mississauga
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
Elegant Lakeside Living in Port Credit, Experience refined living in this quiet, spacious 3-bedroom, 1.5 bath condo just steps from the lake and a 2-minute walk to the GO Station. The stunning living area opens to a private balcony where BBQs are permitted. The open-concept kitchen features GE stainless steel appliances, granite countertops, and a large pantry with extensive custom-made durable cabinetry. All living and dining room furniture is included. All 3 bedrooms feature IKEA built-in cabinetry along with additional cabinets in the hallway offering plenty of storage. The unit includes newly installed windows (2025). The primary suite offers a walk-in closet, upgraded ensuite (2022), enclosed in-suite new laundry (2026), and a sun-filled private balcony. The unit includes 1 parking space and an exclusive locker. The building is pet-friendly and wheelchair accessible. Amenities include a party room and upgraded laundry room, with a new gym in-planning. Maintenance fees cover all utilities (water, heat, hydro). Located in one of the GTA's most desirable neighbourhoods, close to top-rated schools, Port Credit Library, parks, and transit right at your doorstep. Steps to restaurants, nightlife, Snug Harbour, the Port Credit Lighthouse, Credit River, and the Waterfront. Sellers are highly motivated to sell the unit ASAP!
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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.
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.
15 Elizabeth Street Unit 704, 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 $499/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.
Negotiation Opportunity
At 72 days on site, this property has exceeded the typical selling timeline for Mississauga. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.