$1,689,999 - 15 Lou Parsons Way Unit 21, Mississauga
Condo for Sale in Mississauga
136 days on market- MLS Number
- W12363176
- Property Type
- Condo
- Status
- active
- Days on Site
- 136
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,800 sqft
- Neighbourhood
- Mississauga
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- VANGUARD REALTY BROKERAGE CORP.
Experience modern lakeside living at 15 Lou Parsons Way. This stunning 3-bedroom + den + loft/office townhome showcases luxury finishes throughout. The main level features an open-concept layout with a spacious front living room, a central gourmet kitchen with quartz countertops, high-end appliances, and a rear family/dining area flowing seamlessly to a large terrace that's perfect for entertaining. A convenient main-floor powder room adds function for guests. The second floor features 2 bedrooms, a den, laundry, and 2 full bathrooms. The third floor offers a bedroom, a full bathroom, and a flexible loft/office space that opens onto a private top-floor deck, providing a serene retreat for relaxation. A sunken garage provides 2 indoor parking spaces in tandem, plus 1 outdoor space behind the building (3 total). Located in the heart of Port Credit, steps from Farm Boy, LCBO, boutique shops, restaurants, the lake, and marina. Minutes to the GO, highways, Mississaugas finest waterfront trails, and nearby green spaces. The perfect blend of convenience, luxury, and lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$7,475.43/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.
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 Lou Parsons Way Unit 21, 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 $939/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.
Negotiation Opportunity
At 136 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Mississauga.
Bathroom Count Matters
With 4 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.